How to Write a Business Plan
If you are in business or planning to start a business, you absolutely need a plan. You would not embark on a long road trip with your family with no travel plan or budget. The business plan maps out the path and budget for your business. The degree of detail and the length of the business plan varies depending on how fast you want to grow and your source of funding. Banks, investors, and potential partners will expect to see a business plan. But the most important audience for your business plan is you. It can be the living document and compass that keeps your business on track and moving in the fast lane toward your goals.
In this session, you will learn:
• The major sections of the business plan and why you need each one.
• How to know if you need a 1-page or a 40-page document.
• The three major ways to get a business plan written.
• How to use the business plan to increase the likelihood of business success.
ABOUT THE FACILITATOR:
Katie Gailes is a proud native North Carolinian who has devoted most of her professional life to helping small business owners and entrepreneurs. She attended Bennett College for Women in Greensboro and the Duke University Fuqua School of Business. After a long career with IBM, Katie launched a consulting practice, which she ran full-time for six years. She was a counselor in the Growing American Through Entrepreneurship (GATE) program at the NC Rural Economic Development Center where she helped displaced workers in rural North Carolina start businesses. Through this program and her consulting practice, Katie trained or worked with over 1,000 small business owners and entrepreneurs. She went on the become the first Director of Entrepreneurship Initiatives at Wake Technical Community College where she co-founded the LaunchMyCity community-based economic development model. In 2020, Katie co-founded OUR STORIES: Brave Conversations on Race to help bridge the racial understanding gap through small-group, facilitated conversations based on personal stories and experiences. This program has trained over 250 people and now has active chapters in three US locations. Katie’s strength is strategic visioning, messaging, and creative problem solving that makes a measurable difference in the lives of real humans.
Zoom Link: https://us02web.zoom.us/j/87457127135?pwd=amp2a3MzYStmSDZIZjBzZUJYR3ArUT09
Meeting ID: 874 5712 7135
Passcode: 343437
Speaker
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Katie GailesThe Entrepreneur WhispererKatie Gailes is a proud native North Carolinian who has devoted most of her professional life to helping small business owners and entrepreneurs. She attended Bennett College for Women in Greensboro and the Duke University Fuqua School of Business. After a long career with IBM, Katie launched a consulting practice, which she ran full-time for six years. She was a counselor in the Growing American Through Entrepreneurship (GATE) program at the NC Rural Economic Development Center where she helped displaced workers in rural North Carolina start businesses. Through this program and her consulting practice, Katie trained or worked with over 1,000 small business owners and entrepreneurs. She went on the become the first Director of Entrepreneurship Initiatives at Wake Technical Community College where she co-founded the LaunchMyCity community-based economic development model. In 2020, Katie co-founded OUR STORIES: Brave Conversations on Race to help bridge the racial understanding gap through small-group, facilitated conversations based on personal stories and experiences. This program has trained over 250 people and now has active chapters in three US locations. Katie’s strength is strategic visioning, messaging, and creative problem solving that makes a measurable difference in the lives of real humans.
