I recently had several business associates ask me about finding a good model for a business plan that they can use for their franchise.
Being able to market your business is, to a large extent, based on understanding your business. Understanding your business begins by creating a plan. One of the best models I’ve seen is one that I have used and recommended for years. It’s called the “Profit Puzzle.” It was developed by a good friend of mine – Don Osborne.
Below are the key categories (or puzzle pieces) that Don uses in his system. If you need, or want, to produce a business plan for your business. I recommend you check out www.ProfitPuzzle.com. Just remember – once you have a structure for your plan – it requires that you commit a fair amount of time and effort to actually complete the plan (the plan doesn’t complete itself!). You have to do the hard work to think about what goes into each part of the puzzle.
Check out Don’s categories below. They are very thorough.