1. SPS Accounts:
    Do you find yourself coming back time after time? Do you appreciate the ongoing hard work to keep this community focused and successful in its mission? Please consider supporting us by upgrading to an SPS Account. Besides the warm and fuzzy feeling that comes from supporting a good cause, you'll also get a significant number of ever-expanding perks and benefits on the site and the forums. Click here to find out more.
    Dismiss Notice
Dismiss Notice
You are currently viewing Boards o' Magick as a guest, but you can register an account here. Registration is fast, easy and free. Once registered you will have access to search the forums, create and respond to threads, PM other members, upload screenshots and access many other features unavailable to guests.

BoM cultivates a friendly and welcoming atmosphere. We have been aiming for quality over quantity with our forums from their inception, and believe that this distinction is truly tangible and valued by our members. We'd love to have you join us today!

(If you have any problems with the registration process or your account login, please contact us. If you've forgotten your username or password, click here.)

Writing a business plan

Discussion in 'Whatnots' started by Silvery, Dec 15, 2009.

  1. Silvery

    Silvery I won't pretend to be your friend coz I'm just not ★ SPS Account Holder Adored Veteran

    Joined:
    Jan 16, 2005
    Messages:
    3,224
    Media:
    40
    Likes Received:
    218
    Gender:
    Female
    Remove all ads!
    HELP!

    Me, Rob and a friend of ours are about to buy a garage and I've been elected to write the business plan! I really need to make it a good one as we're going to have to convince the bank to lend us a lot of money.

    I have no idea where to start as the business plans I've written in the past have never been presented to a lender or anything. Anyone have any clues where to start?
     
    Silvery, Dec 15, 2009
    #1
  2. Blackthorne TA

    Blackthorne TA Master in his Own Mind Staff Member ★ SPS Account Holder Adored Veteran Pillars of Eternity SP Immortalizer (for helping immortalize Sorcerer's Place in the game!) New Server Contributor [2012] (for helping Sorcerer's Place lease a new, more powerful server!) Torment: Tides of Numenera SP Immortalizer (for helping immortalize Sorcerer's Place in the game!)

    Joined:
    Oct 19, 2000
    Messages:
    10,407
    Media:
    40
    Likes Received:
    231
    Gender:
    Male
    Blackthorne TA, Dec 15, 2009
    #2
  3. Silvery

    Silvery I won't pretend to be your friend coz I'm just not ★ SPS Account Holder Adored Veteran

    Joined:
    Jan 16, 2005
    Messages:
    3,224
    Media:
    40
    Likes Received:
    218
    Gender:
    Female
    This is why I love you guys!
     
    Silvery, Dec 15, 2009
    #3
  4. Morgoth

    Morgoth La lune ne garde aucune rancune Veteran

    Joined:
    Jul 21, 2002
    Messages:
    3,652
    Media:
    8
    Likes Received:
    86
    Gender:
    Male
    There are a couple of things that always helped me when writing papers:

    1. Try to be clear as possible.
    You must describe the right amount of information. Too much and the reader might feel insulted, too little and the reader will ask questions or make wrong assumptions, which you'll have to work with when you will be discussing the document with the banker.
    If you want to make sure that the reader will understand your document, you must place yourself into the position of the reader and read your own work with a critical eye. Do this a few hours after writing, because you need to have forgotten about all the details and ideas you had in your mind while writing. You don't want to remember these when your are reading, because those little ideas and thoughts form the mental make-up from which you wrote the document. The reader won't have have this make-up and so he won't be able to understand what you are trying to say. You can explain the facts and assumptions that he needs to build the make-up, but do that before he is going to need it.

    2. Try to make the reading as painless as possible. If it becomes to hard to read, people will skip sections or refuse to read it at all. Watch spelling and grammar.
    This is related to the previous point: when people don't understand what you're saying, they will skip and make wrong assumptions.
    The banker is not going to make any large effort to read your document because they are not really forced to do so, they have other applications to read and another refusal is not that much of an issue to them. You are the one who needs to do the effort to convince them. A document that requires very little effort to read helps a lot!

    3 - Formatting. Add images, but make those look professional. Watch line-breaks. Use nice fonts (Arial and Times New Roman are favourites.)
     
    Morgoth, Dec 15, 2009
    #4
Sorcerer's Place is a project run entirely by fans and for fans. Maintaining Sorcerer's Place and a stable environment for all our hosted sites requires a substantial amount of our time and funds on a regular basis, so please consider supporting us to keep the site up & running smoothly. Thank you!

Sorcerers.net is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to products on amazon.com, amazon.ca and amazon.co.uk. Amazon and the Amazon logo are trademarks of Amazon.com, Inc. or its affiliates.