President Dwight Eisenhower once said: “In preparing for battle，I always find plans useless，But planning is absolutely necessary。”If you 188bet online sports betting to start a business，Whether you are starting from scratch or seeking external financial assistance，You should all have a business 188bet online sports betting。

The best business plans clearly describe what the company intends to do and how it will do it。Given the high failure rate of startups shutting down in their first year，Business 188bet online sports betting is also a safety test for the feasibility of the company，Defect found，Single out unrealistic plans，Ideal opportunity to identify and analyze competitive situations。

Business 188bet online sports betting doesn’t have to be complicated，But in order to achieve the function of the 188bet online sports betting and help you succeed，It must clearly demonstrate to the person looking at the 188bet online sports betting why your company will be successful，And you have practical steps to make your company successful。

To keep you moving in the right direction，Here is a guide，Teach you how to write a business 188bet online sports betting。

Overall recommendations

About how to write a business 188bet online sports betting，There are always many suggestions of all kinds，But the right way is not the only one。Your approach depends on your industry，Who should read your 188bet online sports betting and the purpose of this 188bet online sports betting。Are you trying to get financing？

Business 188bet online sports betting has many functions，But when it comes to writing your business 188bet online sports betting there are usually a few generally accepted aspects:

Prepare different versions of the 188bet online sports betting for specific audiences

“One of the common mistakes inexperienced entrepreneurs make，I just don’t know who the 188bet online sports betting they wrote is for。" David Ciccarelli said。He is a small business owner，After he founded his voiceover talent recruitment company Voices.Received consulting assistance from the local Small Business Association (SBA) at 14115_14140。

Your 188bet online sports betting must be a living document

Tim Berry, founder of business planning software company Palo Alto Software, took his company from penniless to million in sales in 3 years。Keeping the 188bet online sports betting dynamic requires frequent review and close tracking，Berry said。He meets with his management team every month to review whether what is actually happening is consistent with the 188bet online sports betting，Then revise the 188bet online sports betting。“If the 188bet online sports betting is useless and has no response to what actually happens，Then sticking to the 188bet online sports betting cannot be called a virtue。”

Be realistic about financial estimates and forecasts

Ciccarelli said: "When you present a 188bet online sports betting to bankers and financiers，Or even your employees，They will pay more attention to what is real，Rather than those castles in the air that will never be realized。”Therefore，Present an achievable sales forecast based on bottom-up information (for example: how many items are sold in how many stores each month)。Also，Stop overforecasting profits。

Writing a business 188bet online sports betting focuses on the process and creating a blueprint: "Writing Your Business 188bet online sports betting" states that your business 188bet online sports betting "reflects your thoughts about your company and its future、Intuition、Instinct and Insight。”A 188bet online sports betting can be a safe way to check out these aspects before you commit to action。And once you set up the company，The 188bet online sports betting can also be used as a reference point。“I will still print out the 188bet online sports betting。"Ciccarelli said，"You will catch the changes in time。If you have been modifying，You will kind of forget where you did last year。”

Sufficient arguments

Your predictions and assertions are followed by statistics、Facts or words from well-informed sources，Give your 188bet online sports betting credibility。

Presentation is very important

Reading any long document with many words is hard on the eyes，So be sure to format it well。Consider dividing the text page into two columns，Break up long paragraphs with charts。Arial、Verdana or Times New Roman are industry standard fonts。

Writing your business 188bet online sports betting is not a busy job or a luxury；It is a vital part of the entrepreneurial process，Allows you to arm your mind with the knowledge you need to know。below，Let’s move on to what information should be included in your business 188bet online sports betting。

What needs to be written into the business 188bet online sports betting?

A typical business 188bet online sports betting is usually 15 to 25 pages。There are many factors that determine length，For example, whether your company belongs to a new industry or launches a new product (new things need to be explained to readers)，Or are you pitching to bankers who typically expect to see a traditional business 188bet online sports betting and financial statements。

“Most equity investors prefer an executive summary or pitch deck for their first contact，However, a more detailed 188bet online sports betting will usually be requested during the subsequent due diligence phase。Potential customers don’t need to know all the details of your inner workings。Your management team needs to know everything。”

Most business plans include the following 7 parts:

1、Executive Summary: The Executive Summary immediately follows the title page，Explain the basic situation of your company。Business 188bet online sports betting describes your business idea、Financial characteristics and needs (e.g.: cash flow、Sales Forecast and Capital Requirements)、The company’s current business status (such as: legal form of operation、Company establishment time、Responsible persons and key staff) and major achievements closely related to the success of the company (including: patents、Prototype or test marketing result)。The executive summary is a clear and concise summary of your business 188bet online sports betting。

2、Business Description: This section usually begins with a brief description of 188bet online sports betting industry and its prospects。To involve different markets in the industry，Include any new products that will benefit or harm you。For those looking for financing，Consolidate 188bet online sports betting data with reliable sources，And footnote where possible。Also provide a description of 188bet online sports betting business operating structure，For example, wholesale、Retail is still service-oriented，State who 188bet online sports betting product is sold to，How will you distribute 188bet online sports betting product/service，What exactly is 188bet online sports betting product/service (this is what really gives you a competitive advantage)，188bet online sports betting company’s legal structure，Responsible persons and their contributions to the company。

3、Market Strategy: This section is where you define your target market and how you 188bet online sports betting to achieve your market goals。Market analysis requires research and familiarity with the market，So that the target market can be defined，The company can be positioned (for example: are you a high-end product or a product with a price advantage？），Only to win market share。Depending on size、structure、Growth Expectation、Analyze your market in terms of trends and sales/growth potential。This section should also include distribution plans and promotional strategies and tactics that will enable you to realize your business 188bet online sports betting。

4、Competitive Analysis: The purpose of competitive analysis is to determine the strengths and weaknesses of competitors in 188bet online sports betting market、A strategy that can give you an absolute advantage、Various barriers that can be used to prevent competitors from entering 188bet online sports betting market，and any weaknesses in the product development cycle that could be exploited。Show why 188bet online sports betting company outperforms others。

5、Design and development 188bet online sports betting: This part is only used when your product is in the development stage，For example, an app。The purpose of this section is to provide investors with a description of the product design，Depict its development in the context of production and sales，Show the development budget that will enable the company to achieve its goals。

6、Operations and Management 188bet online sports betting: This section describes the day-to-day operations of the company，Company location、Equipment、Personnel、Process and surrounding environment。If you have products that need to be manufactured，Explain how and where it is produced。Also，Describe your work facility、Staffing、Legal environment (e.g. license、Permission、Special provisions, etc.)、Main Suppliers and Inventories。This part also focuses on the company’s organizational work，Such as the various responsibilities of the management team and the tasks delegated to each department of the company。

7、Financial factors: Financial data is always at the end of a business 188bet online sports betting - but it is still extremely important。Financial data can include your personal finances、Startup expenses and capital、Your projected cash flow statement and 12-month income statement。Palo Alto’s Berry highlights: If you’re looking for investment，You have to present your investors with a cash flow statement and a break-even analysis – or a break-down statement，So they know where your company is breaking even。

The best way to prepare to run a company，Just to have all the parts of the business 188bet online sports betting in place。In this way，If you are presenting a 10-slide business 188bet online sports betting to a prospective investor，And asked about content other than the slides，You can respond fluently and follow up with a more substantial 188bet online sports betting。.

Different types of business plans

Generally speaking，Complete business plans are divided into four categories:

Work 188bet online sports betting: when conducting business operations，You need to use this kind of work 188bet online sports betting，This kind of 188bet online sports betting is not just a decoration，It is an internal document of a work team，It provides a detailed yet concise introduction to your work。So after having this 188bet online sports betting，You can skip describing the work process to the work team，Workers in the team can refer to this work 188bet online sports betting to arrange work。

Mini 188bet online sports betting: Sometimes people on your team may ask you to create a mini 188bet online sports betting，Or through a one to ten page description，Compress and streamline your original work 188bet online sports betting，And remove the redundant content，Extract the key content。Mini plans generally include solid business concepts、Financial needs、Marketing 188bet online sports betting、Financial statements (especially cash flow statements)、Profit Statistics and Balance Sheet。However，This shorter 188bet online sports betting is not meant to replace a full work 188bet online sports betting，But it can provide more diverse choices for potential partners or investors。

Presentation 188bet online sports betting: Whether your business 188bet online sports betting is electronic or handwritten，The information displayed in your presentation 188bet online sports betting will be more or less the same as your work 188bet online sports betting，But to outsiders，The wording should be different from the work 188bet online sports betting。The reader of your presentation 188bet online sports betting may be someone unfamiliar with your business，such as an investor or venture capitalist，So don’t use too many technical terms or special symbols。Because your work 188bet online sports betting is enough to guide the work。One thing to note is，Investors typically want to see your threat and risk assessment of competitors as well as financial forecasts。In addition，To make it look more refined，You can use a color printer to produce a beautiful cover and binding，Made into an exquisite booklet。Or you can present your business 188bet online sports betting as a PowerPoint presentation，There are many exquisite business 188bet online sports betting templates available。

Contingency 188bet online sports betting: This is an emergency 188bet online sports betting - used when unexpected situations occur，For example, loss of market share、Serious price competition or problems with important members of the team，If you would like to obtain support from external funds，You must consider these situations in advance。If things don’t go as planned，A contingency 188bet online sports betting can guide you on what steps you will take。You may not need this，But if you want to get outside investment，A contingency 188bet online sports betting can enhance your credibility，Because it can prove that you have considered the possibility of these situations happening。Even if you don’t need to get outside funding，Such an emergency 188bet online sports betting is also very necessary。

If the four 188bet online sports betting formulation processes，Make you look like you have a lot of work，Don’t panic and don’t know where to start。You can choose two work plans to start - a work 188bet online sports betting and a mini 188bet online sports betting，This will be a simplified version of your work 188bet online sports betting。

Spend a few months on your business 188bet online sports betting，This is more like a process，Instead of a task。