What is Business Plan?

business plan according to Wikipedia is a formal written document containing business goals, the methods on how these goals can be attained, and the time frame that these goals need to be achieved. It also describes the nature of the business, includes background information on the organization, the organization’s financial projections, and the strategies it intends to implement to achieve stated targets. In its entirety, this document serves as a road map that provides direction to the business.

Business plans are inherently strategic. You start here, today, with certain resources and abilities. You want to get to a there, a point in the future (usually three to five years out) at which time your business will have a different set of resources and abilities as well as greater profitability and increased assets. Your plan shows how you will get from here to there.

Business plan is very useful to an individual, partners, groups, and corporations that plan to grow their company to the higher level. Business also definitely very important to the business start up who just plan set up business and create a company. Business plan will be their guide, foundations, and necessity to get findings from the third parties like banks and  creditors.

Business plan writing can be a great source of income.

Why do we need a business plan for our business?

1. A business plan is vital to helping you get finance from investors, stockholders, creditors, and banks.

If you’re seeking finance for your business, you’ll need to show banks and investors why they should invest in your business.

Lenders and investors will only risk their time and money if they’re confident that your business will be successful and profitable.

A thorough and well-researched business plan:

  • shows that you’re serious about your business
  • helps lenders and investors to understand your business idea
  • shows your predicted profits and income streams.

2. A business plan can help you priorities things accordingly and give you a guide on how to accomplish it.

A complete, thoughtful business plan is one of the most valuable tools in helping you reach your long-term goals. It gives your business direction, defines your objectives, maps out strategies to achieve your goals and helps you to manage possible bumps in the road.

Preparing a business plan will help you work out the goals you want to achieve, and the strategies to achieve them. This means you can focus your resources and energy on what you need to do, rather than spreading yourself too thin.

Once you’ve got a business plan in place, it’s a good idea to regularly review and update it to:

  • remind yourself of your goals and priorities
  • assess whether your strategies are working
  • adapt to any new changes in your environment
  • make the most of new opportunities as they come your way.

3. A business plan can give you control over your business, resources and your finances.

The planning process helps you learn about the different forces and factors that may affect your success. If you’re already in business, it helps you to step back and look at what’s working and what you can improve on. Instead of worrying about the future, a business plan helps to give you a sense of control over your business and your livelihood.

Writing and researching for your business plan gives you the chance to:

  • learn about your industry, market and competitors
  • write down exactly where you are in the market and where you’re headed
  • identify challenges you may come across and work out strategies to avoid or overcome them
  • understand your business finances, including managing cash-flow and determining your break-even point
  • set specific goals, timeframes for achieving them and how you’ll measure performance
  • make sound business decisions that focus your activities, maximise your resources and give you a competitive edge.

4. A business plan can help you set your business goals, revenue growth, and future expansion.

When talking about business plan it really helps guide you to achieve your business goals, set your revenue and profit grow faster, achieve your target financial performance, and help you with your business future expansion. Business plan is vital to the business that already been established and same vital to the business start-up.

A business plan is not a document you create once and store in your bottom drawer. It’s a living guide that you should develop as your business grows and changes. Successful businesses review and update their business plan when circumstances change.

Set yourself a reminder to review your business plan regularly. If you have a team in your business, holding brainstorming sessions is a good way to benefit from their knowledge – it ensures you’re all on the same page and that you get their support.

You don’t have to start with a blank sheet of paper

To write an effective business plan you’ll need discipline, resources, time and focus. Although the process can seem challenging, it’s very rewarding and gives you a sense of control over your business.

You don’t have to start with a blank sheet of paper. There are many website that offers business plan guide and template where you can used their business plan services in guiding you and helping you building up the business plan for your business. List below are the best business plan guide and template provider where you can access them online anytime and anywhere you want.

LivePlan

LivePlan is straightforward, easy-to-use business plan creation software that walks you through each step of the writing process. This web-based program is great for business owners looking to create plans for startups, strategic marketing campaigns or funding proposals. LivePlan is also a good option for business owners who aren’t sure what type of business plan they need, because it walks you through the process and proposes templates based on your business’s goals.

BizPlanBuilder

BizPlanBuilder has both a cloud-based and a download option for its business plan-writing software. This software solution has several industry-specific templates you can review and then add to the document editor to create a plan that reflects your own business needs. While you can create a start-up business plan, this program devotes special attention to financials so you are prepared to present your idea to any type of investor, be that a bank, private investor, angel network or venture capitalist and have the data to back it up.

Go Business Plans

Based in Los Angeles, California, Go Business Plans writes business plans that serve a variety of business’s needs, ranging from SBA loans and visa applications to plans seeking venture capital funding. Go Business Plans rated well in terms of the quality of its business plans and its comprehensive feature set, which is why we awarded it our Business.com Gold Award.

Wise Business Plans

Wise Business Plans is a business plan service based out of Las Vegas, Nevada. It writes business plans for businesses seeking venture capital and angel investors as well as businesses interested in applying for SBA loans, E2 visas and L1 visas. The plans are high quality and contain market and industry research drawn from a wide range of sources. Its turnaround times are above average, while the cost is roughly average for the services we reviewed.

Business plan writing can be a great source of revenue to all people who want to render their expertise and services to an individual or companies looking for an expert business plan writers in helping their building up the business plan for their companies. So I advise you should learn and hone your business plan writing skills.

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10 Best Ways to Get Free Backlinks for Your Websites

Backlinks are the focus of attention of SEO community for a good reason: link profile is one of key factors for the website’s SEO. At the same time, link building expenses are a significant part of SEO budget.

In this article, we’ll explain how to save your money and get free (or almost free) backlinks in 10 best different ways.

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1. Social Media

Social media use is one of the easiest ways to get free backlinks and increase your brand visibility in SERP. Some of them allow you to get dofollow backlinks, others don’t. In spite of the fact that dofollow links value much higher, do not underestimate nofollow links. Natural link profile must contain both dofollow and nofollow ones.

  • LinkedIn. LinkedIn blog-publishing service allows you to place nofollow links in articles. They can lead traffic to your website and naturally diverse link profile. And the main thing is that correctly written posts can be ranked pretty high in organic search. It means that you can use Linkedin blog as an additional promotion tool.
  • Pinterest and Tumblr. These popular visual content sharing platforms allow to make posts with dofollow links and successfully promote your content in organic image search.
  • Youtube. If you didn’t start any promotion of your company on Youtube, now it is time to do it. Don’t want to think about this? Ok, but what about backlinks and brand visibility in SERP? It’s reason enough to start working with Youtube.
  • Google Plus. We have already dedicated one of our WordPress SEO articles to Google+ social network and its importance. Backlinks from active G+ profile can be very useful for your website’s SEO: they’re considered not only by Alphabet’s search giant but also by other search engines.
  • Facebook and Twitter. Even if single thought about creating nofollow links makes you depressed, we highly recommend not to ignore popular social networks. They can become a nofollow link source, attract new visitors to your website and increase organic presence of your brand.
  • Reddit. Reddit is one of those services that react negatively to link spam: it requires appropriate and relevant link posting. It can sound a bit scary but don’t be afraid. When you’ll understand laws Reddit lives by, each properly placed link can become great garnish of your ‘link cocktail’ and lead huge amount of targeted traffic to your website.

2. Blog Publishing Services

Independent blogging platforms and blog publishing services from leading search engines can serve as additional source of backlinks and traffic. While making posts, don’t forget that publishing of same content on all platforms definitely isn’t good for you. Besides, every blogging platform has its own specific characteristics you need take into account in the content development process.

  • Blogger (ex-Blogspot). Blog publishing service developed by Google that allows placing dofollow links in posts.
  • Medium. Large independent service that is pretty popular in professional communities. Unfortunately, all Medium links have rel=”nofollow noopener” attribute.

3. Q&A Platforms

Main perk of Q&A services in terms of your website’s SEO lies not so much in backlinks creating, but in increasing brand visibility and direct targeted traffic flow. Usually, Q&A websites automatically set rel=”nofollow” attribute for all links, but it doesn’t mean that such links are completely useless for your website.

Here are several Q&A services that deserve special attention:

  • Quora. Large international service with a huge community and amount of professional questions (and answers, of course).
  • Yahoo Answers. Popular Q&A service developed by Yahoo search engine.

4. Forums

Manual blog commenting is one of the most simple and widespread link building techniques: all you need to do is to find and filter topics relevant to your niche and then start leaving comments.

Before you start working with a certain forum, you need to check:

  • amount of organic traffic
  • regular activity
  • who ‘lives’ on a forum: real users or link builders

Before writing comments, take forum rules into account: some of them say that you need to get some reputation before placing links in your comments. Violation of the rules can entail temporary or even lifelong ban.

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5. Websites with Lists of Products/Companies

If ratings and lists (of products or companies) are popular in your niche, you can use existing options and add your company (and website link) to them.

To find popular niche lists, use one of the Serpstat instruments — Keyword Research → SERP Analysis → Top by Keyword.

Link adding method will depend on list format of the list itself. If it was created as an article, you need to write a message to its author directly. If it was generated automatically, perform all necessary procedures required by a website to get in general rating.

6. Guest Posts and Publications in Niche Mass-Media Blogs

‘Blog’ section of niche media can be seen as next step in a long chain of ‘opinion pieces’ evolution of classic print media. The difference is that publication process became much easier than before. Now it is enough to register (or log in), upload your article with appropriate formatting and correct links and push a ‘Publish’ button.

This technique successfully works in such projects as TechInAsia: user-generated content goes through basic moderation and doesn’t require lengthy referral process and serious editing. It is a perfect way to place a natural link on the one hand and attract a great traffic from the newsfeed (and organic search) on the other.

One way or another, we can say that guest blog posting in niche media is a profitable venture 🙂 You need only to spend a little time and make an effort to create unique and valuable content that must be approved for publication.

7. Broken Link Building

If outbound content generating or publishing becomes problematic (you’ve completely run out of ideas or website owner asked for an exorbitant price), you can use one more link building method. This method involves searching for broken links and replacing them with active relevant links (from your website, of course):

  1. Select websites.
  2. Crawl them with Netpeak Spider to find all broken links within each website. You can read a detailed guide about broken links and how to find them in our previous post.
  3. Export and analyze broken links.
  4. Offer to website’s owner to replace broken link with a new one that leads to a relevant article from your website.

8. Participation in Conferences and Other Professional Events

Participation in professional events can not only be useful in terms of traditional PR: it also can provide additional possibilities for link building. Send your employee to an event as a speaker, become an media partner or a sponsor – and you are guaranteed to receive high-quality backlinks on event’s website. Don’t forget to speak out your requirements for links at the beginning of the partnership with event organizers.

9. Collaboration with Bloggers

In a perfect world partner (advertising) blog posts include an active dofollow link, and therefore content marketers and SEOs are interested in them.

Can we classify this method as free? If your company has sufficient social media authority or huge email subscriber base, your PR opportunities can be a good argument for collaboration with bloggers. Otherwise, you can always propose a straight swap if the blogger really needs your product.

10. Wikipedia

This backlink creating method is the most resource-intensive. And we don’t even mean money: it’s all about your time and nerve cells. The process of creating a Wikipedia page demands your perseverance: you’ll face series of edits before your article will be approved by Wikipedia administrators. However, when a page will be published you’ll get your treasured trusted backlink.