The Business Plan

The Business Plan

Jim Ellis talks about the elements of a successful business plan as well as common mistakes related to its development and use. Recorded: January 31, 2007.
Video Rating: 4 / 5

17 Replies to “The Business Plan”

  1. Bill gates did have a buisiness plan to promote his idea. No one can get in the buiness industry without having a plan. It may seem that they don’t but is reality they have people who help him with the buisiness plan.

  2. You only require a BP if you’re trying to gain investors from Banks etc…. But either way, it’s good to write it out as a mission statement and for self-clarity. If you have the money to start up a business you just need to register the business name. Trademarks , copyrights and certifications that the business may require are another issue.

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  4. something confused me, why bill gates and paul allen or google founders have not had a business plan but ,just they liked their ideas and started doing it, I asked this question but the answer was very vague, some people told me well but now if they want to do more business they have to have a business plan, but still nobody can answer this.

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  7. Good, but one important thing you left out is to start AND successfully run a business you need experts to cover these different areas. Entrepreneurs who only excel at say marketing or finance but try to do everything fail and fail fast. The right way to do this is to acquire a proven business model and have people familiar with it take care of market testing, setup, marketing, and teach you what everything. startupmanufacturer. com does just that and they are very affordable

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