Learning how to write a business plan is often the first step of any action you need to take if you want to launch a venture or improve an existing one. Even Though, it doesn’t mean having one will set you off for success. But it equips you with directions and guidance. The following guide will surely be an addition to your path towards launching or just running your business in case you don’t have any.
The funnel is called the Pirate Funnel, as the first letters spell out AARRR for Acquisition, Activation, Retention, Referral, Revenue.
Learning how to write a good document is key. However, you should not spend to much time looking for the perfect business plan. Always keep in mind a business plan evolves and as you execute your plan. Also, too much planning kills your business. Even though, it is the document required by most investors or loan institutions when you are looking for funding.
You can divide your plan into blocks and prioritize which block to start first base on your market requirement and the stage of your business.
For example if you are looking to gain more insight about your persona, work on the block below:
If you want to further have clarity on the value your create for your persona, use the block below. More information: https://www.strategyzer.com/canvas/value-proposition-canvas
Perhaps, you are more interested in refining your business model instead: https://www.strategyzer.com/canvas/business-model-canvas
Put everything together in this simple word template to visualize in a nutshell your future or current venture.
But keep in mind no matter what your current goals are, never forget a business plan is a moveable block, not a rigid stone.
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