A one–page business plan is ideal for organizations that are just about the early stages of figuring out the way the business idea might work out. Rather than spending days and money on a detailed business plan, working through a simple, one–page business plan is a better idea of getting a solid overview of the entire business in a format that’s easy to change and adjust.
EFFECTIVENESS OF ONE-PAGE BUSINESS PLAN
One-page business plan can get you going on the right path. Since it is easier to prepare, it costs far less than others. Nevertheless, it works much like the Pitch Deck. It allows you to know how feasible the idea is before committing much capital into it.
One-page business plan has most of the features of the comprehensive business plan. However, it is just one page. All the elements have to be stated in brief.
- One-page long
- Brief and concise
- Affordably cheap
- Interestingly exciting
- Idea for start-up
- Can transform to a comprehensive one
- Easy to read and digest
- Easy to prepare
MAY BE IDEAL FOR A START-UP
Less resources is committed to one-page business plan. It can transform in no time to a comprehensive business plan with the modification that will be frequently carried out on it.