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Veechi Curtis - Business Planning Essentials for Dummies

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Veechi Curtis Business Planning Essentials for Dummies
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All the basics you need to design a successful business plan

Whether youre starting your first business or youre a serial entrepreneur, you know how important a good business plan is to your businesss ultimate success. Bad or non-existent business plans are a primary cause of business failure. But dont fret! Business Planning Essentials For Dummies gives you all the essential, practical information you need to succeedfrom deciding what your business is really all about to building a long-term vision of where your company will go. In between, the book covers budgeting and finance, pricing, predicting sales, and much more.

  • Covers all the essentials of writing a business plan and getting on the road to turn your plan into a reality
  • Serves as an ideal refresher or introduction to the topic in an affordable small-format edition
  • Intended for anyone starting their first business or even just thinking about it
  • Business Planning Essentials For Dummies is packed with everything you need to know to get started on building your dream business. So what are you waiting for?

    Veechi Curtis: author's other books


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    Business Planning Essentials For Dummies Published by Wiley Publishing - photo 1

    Business Planning Essentials For Dummies Published by Wiley Publishing - photo 2

    Business Planning Essentials For Dummies

    Published by

    Wiley Publishing Australia Pty Ltd

    42 McDougall Street

    Milton, Qld 4064

    www.dummies.com

    Copyright 2014 Wiley Publishing Australia Pty Ltd

    The moral rights of the author have been asserted.

    National Library of Australia Cataloguing-in-Publication data:

    Author:Curtis, Veechi
    Title:Business Planning Essentials For Dummies / Veechi Curtis
    ISBN:9781118641262 (pbk.)
    9781118641293 (ebook)
    Series:For Dummies.
    Notes:Includes index.
    Subjects:Business planning.
    Dewey Number:658.4012

    All rights reserved. No part of this book, including interior design, cover design and icons, may be reproduced or transmitted in any form, by any means (electronic, photocopying, recording or otherwise) without the prior written permission of the Publisher. Requests to the Publisher for permission should be addressed to the Legal Services section of John Wiley & Sons Australia, Ltd, Level 2, 155 Cremorne Street, Richmond, Vic 3151, or email .

    Cover image: iStock.com/kaan tanman

    Typeset by diacriTech, Chennai, India

    Printed in Singapore by C.O.S. Printers Pte Ltd

    10987654321

    Limit of Liability/Disclaimer of Warranty: THE PUBLISHER AND THE AUTHOR MAKE NO REPRESENTATIONS OR WARRANTIES WITH RESPECT TO THE ACCURACY OR COMPLETENESS OF THE CONTENTS OF THIS WORK AND SPECIFICALLY DISCLAIM ALL WARRANTIES, INCLUDING WITHOUT LIMITATION, WARRANTIES OF FITNESS FOR A PARTICULAR PURPOSE. NO WARRANTY MAY BE CREATED OR EXTENDED BY SALES OR PROMOTIONAL MATERIALS. THE ADVICE AND STRATEGIES CONTAINED HEREIN MAY NOT BE SUITABLE FOR EVERY SITUATION. THIS WORK IS SOLD WITH THE UNDERSTANDING THAT THE PUBLISHER IS NOT ENGAGED IN RENDERING LEGAL, ACCOUNTING, OR OTHER PROFESSIONAL SERVICES. IF PROFESSIONAL ASSISTANCE IS REQUIRED, THE SERVICES OF A COMPETENT PROFESSIONAL PERSON SHOULD BE SOUGHT. NEITHER THE PUBLISHER NOR THE AUTHOR SHALL BE LIABLE FOR DAMAGES ARISING HEREFROM. THE FACT THAT AN ORGANISATION OR WEBSITE IS REFERRED TO IN THIS WORK AS A CITATION AND/OR A POTENTIAL SOURCE OF FURTHER INFORMATION DOES NOT MEAN THAT THE AUTHOR OR THE PUBLISHER ENDORSES THE INFORMATION THE ORGANISATION OR WEBSITE MAY PROVIDE OR RECOMMENDATIONS IT MAY MAKE. FURTHER, READERS SHOULD BE AWARE THAT INTERNET WEBSITES LISTED IN THIS WORK MAY HAVE CHANGED OR DISAPPEARED BETWEEN WHEN THIS WORK WAS WRITTEN AND WHEN IT IS READ.

    Trademarks : Wiley, the Wiley logo, For Dummies, the Dummies Man logo, A Reference for the Rest of Us!, The Dummies Way, Making Everything Easier, dummies.com and related trade dress are trademarks or registered trademarks of John Wiley & Sons, Inc. and/or its affiliates in the United States and other countries, and may not be used without written permission. All other trademarks are the property of their respective owners. Wiley Publishing Australia Pty Ltd is not associated with any product or vendor mentioned in this book.

    Contents at a Glance
    Introduction

    W hile working on this book, I realised something quite fundamental. Although Ive been steadily successful in my own business for over 20 years, all too often the sensible-cardigan-wearing-accountant side of me wins out against the risk-taking-creative-why-dont-we-try-this side of me. Possibly due to the rather precarious finances of my childhood, I typically spend more time analysing profit margins than I do thinking of creative new products; I focus more on managing risk than being a trendsetter.

    If youve been in business before, Im sure you too have experienced this natural tension between your entrepreneurial side and the inner voice of reason.

    One challenge for me in writing this book has been to find ways to encourage dreams to flourish while simultaneously exploring the somewhat sobering process of writing a business plan. Im writing this introduction having just finished the last chapter of this book, and happily, I think that the process has worked on me. Im itching with impatience to begin my next business venture, and feel utterly optimistic about its prospects.

    I hope you have a similar experience with this book, and that I share enough inspiration for your inner entrepreneur to thrive while at the same time providing unshakeable feet-on-the-ground practicality.

    About This Book

    I like to think that this book is a bit different from other business planning books, not least because this book is part of the For Dummies series. Dummies books arent about thinking that youre a dummy far from it. What the For Dummies series is all about is balancing heavyweight topics with a lightweight mindset, and sharing a can-do attitude that encourages anyone no matter how young or old, how inexperienced or how veteran to give the subject at hand a go.

    I like to think that the For Dummies way of thinking has helped me to bring a fresh approach to the subject of business planning. Ive tried not to get bogged down in the same old stodgy discussions of mission statements, values and organisational charts. Instead, Ive focused more on working with others, being creative and thinking of your business as something thats unique and separate from yourself.

    You may be surprised by the fact that I devote five whole chapters to the topic of finance (youll only find one finance chapter in most business planning books). Im a real advocate of the importance of financial planning and in this book, I try to break the topic down into bite-sized chunks that anyone can understand, even if theyve never done any bookkeeping or accounting before.

    I also understand that most people whove worked in business end up with knowledge thats patchy. You may know heaps about marketing but nothing about finance, or vice versa. The beauty of For Dummies books is that you can just leap in, find the chunk of information that addresses your query, and start reading from there.

    Foolish Assumptions

    When writing this book, I make no assumptions about your prior experience. Maybe youve been in business all your life or maybe youve never been in business before. It could be that youre a tech geek or its possible that you hate computers. Maybe you love numbers or much more likely you may have a somewhat queasy feeling when it comes to maths.

    I also make no assumptions about the age of your business, and realise that for many people reading this book, your business is still a seedling waiting to be watered. (For this reason, I include practical advice, such as how to budget for personal expenses while youre building your business, and why things such as your relationships and family situation are all part of the picture.)

    Last, I dont try to guess where you live in the world. After all, the principles of business planning are universal, whether youre in the snowdrifts of Alaska, the stone country of Australia or the kilt-swaying highlands of Scotland.

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