Business Plan Worksheet
However, when the word “revenue” enters the picture perhaps you scratch your head in confusion or conclude that if you hustle hard enough on the front end, the money will follow.
While you might stumble into cash if you simply serve hard, devising a strategy for making money is made infinitely easier with the implementation of a framework.
Conventional wisdom would have us believe that a business plan needs to consist of 30 pages complete with bar graphs and pivot tables.
Therefore many entrepreneurs, eager to get started and afraid of spending too much time immersed in hypotheticals, give their ideas the once over and say, “I think I’ve got this.” It’s tempting to dive right in with your topic and ideal customer avatar, assuring yourself that you’ll see what happens.
If you aren’t in any kind of hurry to bring revenue in the door, then perhaps this approach can work.
But as many entrepreneurs juggle full time day jobs and family commitments alongside their side projects, getting to revenue as quickly as possible might be the difference between staying the course and giving up.
So why doesn’t every single entrepreneur have a written strategy to serve as a guide through the ups and downs of business building?
In Fizzle we frequently talk about business archetypes in an effort to profile the most common methods for making money.
For the revenue portion of the Business Sketch Template, the key questions to ask are simply, For the maker – Makers are characterized by having some type of physical good for sale.
This one page game plan summarizes your high level strategy in one page, so naturally there are a lot of questions to answer. How will you turn that value into something people will actually pay for? Fizzle’s Business Sketch Template serves as a guide through these aspects and beyond, breaking all the essential elements into straightforward questions.
These questions can be grouped into a few critical components: The problem – Who will you serve? Bridging problem & solution – How will you explain your business in a compelling, concise way? Business reality – What will this business require? These are the building blocks of your business fitting together on just one page.