Book Review: Business Plan Secrets Revealed
His book provides the basic information you need to write a
business plan. But its real focus is revealing how to
communicate your plan to investors and convince them that your
business is their best investment choice.
When I first opened Business Plan Secrets Revealed, my heart
sank. You see, I had promised Mike I would read his book
completely before writing a review. And Business Plan Secrets
Revealed is no ordinary ebook with one sentence paragraphs,
large fonts and hefty margins. It's crammed full of information!
But as I began to read, I was pleasantly surprised. Mike's
writing style is engaging and practical, and his explanations
simplify difficult concepts. Throughout the book, I felt as
though a friend was sitting with me on the back porch,
matter-of-factly explaining exactly how to do something. It's
the kind of simple practicality that you can achieve only when
you fully understand a subject.
Mike's clear understanding of business planning concepts results
from experience spanning more than 20 years. Mike helps business
owners buy, sell and finance their businesses. He has overseen
manufacturing and sales locations in more than nine countries.
He is a CPA, holds a Masters in Business Administration, and has
served as Chief Financial Officer of two publicly held
companies.
Business Plan Secrets Revealed starts with tips for collecting
and organizing the information you'll need. From the beginning,
Mike concentrates on overcoming your biggest single
challenge--bridging the investor confidence gap. In the chapter
"Show Me the Numbers," Mike provides some of the clearest
explanations of business financial statements that I've ever
read If concepts like stockholders' equity or statements of cash
flow make your eyes glaze over, then your salvation has arrived.
Later chapters of Business Plan Secrets Revealed really deliver
on Mike's promise to help you communicate your business plan
effectively. There are complete instructions on writing your
business plan, including how to get your plan opened and read,
and how to avoid nine common writing mistakes. He explains how
choosing the right design can make your business plan easier to
read. Mike wraps things up by telling you how to prepare for
critical face-to-face time with investors, including developing
a 60-second, to-the-point, verbal pitch for your business. Tips
on finding investors and a resources section complete the book.
I must admit that several times as I was reading, I would ask
myself, "Do I really need this much business plan?" This is not
a fill-in-the-blanks-and-print-it-out business plan solution.
But then I realized--if I'm serious about succeeding, then I do
need to know as much as possible about my business up front.
Before I've started spending money. Before I put myself on the
line out in the market.
By the way, I did make it through the whole book. And I
confirmed that Mike delivers what he promises on the title page:
he teaches you how to quickly gather evidence, build a case for
your business, and write a readable plan that attracts investors
and makes your business the most appealing investment choice.
Even if you already own other business planning resources, I
highly recommend Business Plan Secrets Revealed.
About the author:
You can learn more about Business Plan Secrets Revealed at
http://selfemploymentstation.com/bpsecrets.html. Art Turner has
been self-employed for over 23 years. He is also the creator of
http://selfemploymentstation.com, a destination filled with info
on business startups, freelancing, consulting, working from home
and self employment.