BUSINESS PLANS
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Business Plan: keep it simple. Perhaps someone could come up with a software game for them to practice on (red-tape included) before letting banks and venture capitalists decline or make loans to entrepeneurs and start-ups. Starting with "You Are Here!"
Which means this doesn't leave the bank manager or investors saying "aha, mmmm, ohhhhh, I see" when they haven't fully understood what the venture would really be like short or long term because they haven't taken the risk themselves unfortunately, it may be the case of "Wish I Were There!"
After analysing the profile of many business
people over the years I've found that they never really had a business plan placed on
either a software programme or on thick embossed paper to show any bank manager in their
days. What they presented was a belief in themselves and an idea. That's all.
It may have been a long process to be where many of them are today, it wasn't finger steps
to the cheque book for them but a long walk to 
the face the bank manager at his desk and trying to
convince him to part with any money and the usual answer was no.
Also consider that only one percent of business plans submitted for funds actually get assistance on the first round of courtship-funding with no guarantee of further support. How many in total move from begin a start-up business go up to the next level to become viable from any business plan even when the economic conditions and market rarely remain fixed.
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It became vogue to have a large documented business plan to show the possibilities of a venture. My view is if you require a 150+-page thesis of how you are going to operate a company then you haven't really understood the business world.
For example in a conversation with a gentleman he asked why Britain wasn't as good at developing its ideas into products from a business plan and reaching the same high growth rate as the USA. I replied "Simple, we've had the plan in place since Queen Elizabeth I, its a business model based on a global loop. Britain creates the blueprint and provides services, Asia develops the products and manufactures them, the USA sells them to the world whilst making all the economic mistakes. Britain then only accepts the best product lines which is 10% of what is actually made and sold. Now how's that for a business plan you light weight jelly baby."
Even with a crystal ball many investors
are gambling with 'what if's' with seed-funding etc., and venture
capitalists admit they
don't know which companies in their portfolio are going to be successful. Or unless
the whole aim was to sale the company after less than 18-months especially if venture
capitalists require you to mention an "Exit Strategy" in the business plan and a
date for this to happen.
For any e-business website the
position is even more delicate. The losses on an e-commerce would be more high-profile
because the framework hasn't evolved to give a definitive business model for
e-commerce to function on the same or different terms as corporate businesses and gives a
return to investors and whilst they are playing Russian Roulette and providing the case
studies the rest are quitely playing poker.
Take a gamble, place your bets and undoing four buttons of the shirt and places them on the internet table thus rising the stakes higher. "Your going to miss the rest of your attire even more as all the best laid plans in the world won't change the results only the outcome in business.....oh my that hits the spot...mmm, yeah, right there....bit higher, no lower...such sweet retribution is this" said by southern belle. A shaky hand ventures for his bourbon and looks at the playing cards again to be sure.
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