Business plan

Plan your business model

Lengthy business plan documents are frequently replaced nowadays by a much simpler business planning tool created by Alexander Osterwalder – business model canvas.

The more consistently each part is described, the easier it will be for you to see weakness, potential risks of your business model. Remember, a business model canvas can be supplemented and corrected on ongoing basis, to ensure you make the best adaptation to the market conditions and needs.

Calculate the costs of your business idea realisation

At the early stage of your business planning, you should assess your idea realisation costs and potential incomes. We recommend devoting enough time for that and assess your expenses in the greatest detail possible. The following tool may help you in your calculations:

Detailed business plan

Detailed business plan is necessary. If partners or future investors do not ask for detailed business plans which usually are thorough documents of many pages, we recommend at least considering your answers to the main questions.