Bankable Business Plans by Edward Rogoff
Business plans serve two primary purposes: (A) clarifying your value proposition and revenue model; (B) convincing others that your business is sound enough to justify an investment or a loan.
Bankable Business Plans is a step-by-step guide that will teach you everything you need to know to create a clear, comprehensive, and compelling business plan.
Dr. Edward Rogoff has helped hundreds of prospective entrepreneurs create business plans as a professor at the City University of New York, and his advice in this book is straightforward and clear. Each chapter will guide you through a specific section of your business plan: (1) value definition, (2) needs assessment, (3) differentiation and competitive assessment, (4) market analysis, (5) marketing planning, (6) sales and promotion strategy, (7) organization design, (8) financing needs, (9) financial projections, and (10) risk analysis.
Bankable Business Plans also features a rare bonus: it explains how to use data from the Risk Management Association (RMA) to increase the accuracy of your financial projections, and thereby increasing the likelihood of obtaining funding for your entrepreneurial venture. Using Dr. Rogoff’s approach, you’ll be able to think through every aspect of your business and use RMA data to ensure your assumptions are accurate. Several complete business plans are included as examples to help you get started.
If you’re planning to start a business, you can’t afford to skip Bankable Business Plans.
(Note: special thanks to Dr. Rogoff, who came across the PMBA through a colleague and generously sent me a copy of this book. It’s a gem I wouldn’t have otherwise found among the thousands of sub-par business planning books currently in the market.)
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