Business plans are key when presenting to
investors. This gives investors a professional way to look at a business plan
pitched, and how to understand the mechanics of it all.
Two Business plan experts I’m going to
talk a out is Tim Berry and Bryan Howe.
Tim Berry was refereed to as “The Obi Wan
of business plans” by Pamela Slim, best selling author of Escape from Cubicle Nation (Berry, 2015).
·
Tim
Berry has a MBA degree and a MA in journalism with honors from the university
of Oregon. Also has a BA in Literature magna cum laude from the University of
Notre Dame.
·
He’s
not only an expert in the field of business planning, he is also a
entrepreneur.
·
He
is the founder of Bplans.com, and chairperson of Palo Alto software. Which he
grew from 0 to 40 employees, and making multimillion-dollar sales, no debt, and
70% market shares without outside investments (Berry, 2015).
The list goes on with publish material too far to count. Tim
Berry is not just a expert, but a master (Berry, 2015).
The second person is Bryan Howe. Bryan is
the president of the number 1 Business plan consultant agency Master Plans: The
business plan experts (Howe, 2015).
·
Started
his company MP in 2002 as a soul proprietorship (Howe, 2015).
·
In
2004 he created a team plan, since then the company has worked with over 10,000
plus (Howe, 2015).
·
Achievements
2004—The first Alight Planning Certified Consultant
2007—Inc 500 list #111 in the US and #2 in Portland with
over 2000% growth
2008—Honored to join Friends
of the Children Marketing Committee
2009—Honored as one of Portland's Top 40 Under 40 business people in 2008 by the
Portland Business Journal based on business practices and giving back to the
community.
To every business, there are critical and key components to
keeping it not just afloat but successful (Howe, 2015).
Tim Berry makes it very clear that there
is a cycle when doing a business. Plan, Run, Review and Revise. These steps
allow you to save money, refine, make positive changes and figure out if your
business is working (Berry, 2015).
When is comes to Bryan Howe in 2004,
he couldn’t handle the work because it was too much. He started hiring people
to handle different parts of the company (EB5 Investors, 2015). This is something that many businesses
either succeed of fail at, because the company is now getting larger.
These are the key lessons I take
away from them. Properly analyze your business and review all areas of it. This
gives you a good look at the status your business is in. Also, when your
business gets too large to handle by yourself, work with those who can support
you in the areas you need.
References
Berry, T. (2015, August 9). Lean business planning and entrepreneurship. Retrieved from http://timberry.com
EB5 Investors. (2015, August 9). MasterPlans – EB-5 Business Plan Writer in Portland, OR - EB5Investors.com. Retrieved from http://www.eb5investors.com/directories/business-plan-writers/masterplanscom
Howe, B. (2015, August 9). Your team of business plan professionals. Retrieved from http://www.masterplans.com/people.php
