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10 Tips for Writing the Best Business Plan

Oxbridge Academy
Oxbridge Academy
Oxbridge AcademyCopy & Content writer at Oxbridge Academy

There are numerous business plan templates you can download from the internet. But you have to somehow make sure your business plan is the best! So take a look at this infographic to learn how you can make your business plan stand out from all the other.

10 Tips for Writing the Best Business Plan

1 of 1
Download to read offline
Having an optimistic vision is great, as long
as you remain realistic. Don’t embellish or
over-project in your business plan.
This will help you conceptualise your
business better, and convince investors to
take you seriously.
Tips for
writing
THE BEST BUSINESS PLAN EVER
10
BE REALISTIC
KNOW YOUR
COMPETITION
Name all of your competitors and
comment on how you are better than, or
at least different from, each of them.
ASK FOR ADVICE
Remember to talk to people who work in finance,
marketing, law, or production to help you with certain
elements of your business plan. There is no shame in
getting help.
SUPPORT YOUR
BUSINESS PLAN
WITH NUMBERS
Get hard data, facts, and statistics on
your side, especially when it comes to
talking about your industry’s market.
BE CLEAR AND
CONCISE
Your business plan should be less
than 20 pages long, so don’t ramble.
Leave out filler language, and come
straight to the point.
PAY ATTENTION
TO LANGUAGE
You might not be a writer,
but a well-written
business plan makes a
good impression.
Consider asking for help if
you are unsure.
BE CREATIVE
Do something unique
with your business plan
that will not only make it
stand out from the rest,
but also show that you have vision
and initiative. Don’t just take an
existing template and fill it in with
your own information.
DON’T
IGNORE THE CUSTOMER
Do research, conduct surveys,
and organise focus groups to find
out what your customer really
wants.
TAILOR YOUR PLAN
You need to know your audience.
If you are submitting your plan for
a bank loan, think like a banker
when writing it. If you need
investors, write your business
plan specifically for them.
FIND OUT MORE ABOUT STUDYING AN ENTREPRENEURSHIP COURSE AT
www.oxbridgeacademy.co.za
PROOFREAD
Even if you are a really good writer,
ask a few people you trust to
proofread your business plan. It’s easy
to miss your own mistakes.

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10 Tips for Writing the Best Business Plan

  • 1. Having an optimistic vision is great, as long as you remain realistic. Don’t embellish or over-project in your business plan. This will help you conceptualise your business better, and convince investors to take you seriously. Tips for writing THE BEST BUSINESS PLAN EVER 10 BE REALISTIC KNOW YOUR COMPETITION Name all of your competitors and comment on how you are better than, or at least different from, each of them. ASK FOR ADVICE Remember to talk to people who work in finance, marketing, law, or production to help you with certain elements of your business plan. There is no shame in getting help. SUPPORT YOUR BUSINESS PLAN WITH NUMBERS Get hard data, facts, and statistics on your side, especially when it comes to talking about your industry’s market. BE CLEAR AND CONCISE Your business plan should be less than 20 pages long, so don’t ramble. Leave out filler language, and come straight to the point. PAY ATTENTION TO LANGUAGE You might not be a writer, but a well-written business plan makes a good impression. Consider asking for help if you are unsure. BE CREATIVE Do something unique with your business plan that will not only make it stand out from the rest, but also show that you have vision and initiative. Don’t just take an existing template and fill it in with your own information. DON’T IGNORE THE CUSTOMER Do research, conduct surveys, and organise focus groups to find out what your customer really wants. TAILOR YOUR PLAN You need to know your audience. If you are submitting your plan for a bank loan, think like a banker when writing it. If you need investors, write your business plan specifically for them. FIND OUT MORE ABOUT STUDYING AN ENTREPRENEURSHIP COURSE AT www.oxbridgeacademy.co.za PROOFREAD Even if you are a really good writer, ask a few people you trust to proofread your business plan. It’s easy to miss your own mistakes.