A succesful business plan is a document that conveys the exciting prospects and growth potential of your business idea. A good business plan is a powerful tool for you to use as an effective selling document. For instance, a business plan may be used to seekfunding, to form alliances, or for other desired functions.

Just as advertising and promotional material sell a company, so should a business plan. A business plan must be managed just as most other projects managed. A business plan typically has these key sections:

• Executive Summary is firstto determine if your business idea is a potential candidate to read further. As a perfect brief of your business plan, this section should be prepared last.
• Company Description covers your company’s mission, history, current status and the future plans; in other words; past, present and the future of your company / business idea.
• Management and Organization is an important predictor of a succesful business for many potential investors.
• Marketing Plan section must define your company’s market and must include brand development, pricing, demand management and information about competitors.
• Operational Plan outlines how you will service your clients. Issues that must be adressed are Research and Development process of your service/product, how you will manufacture or deploy it and what your service costs.
• Staffing Plan covers your staffing needs like staffing roles, management structure, numbers of employees needed and their salaries.
• Financial Information covers current financing information like key investors or owners, existing loans liabilities; fianancial history; financial forecasts – the balance sheets, the cash flow statement and income statement; valuation of your your company or your brand.
• Risk Analysis is an optional section and especially used for internal purposes. and covers the market risks, operational risks, staffing risks and financing risks of your company / business idea.

In this post, we’ve mentioned about content of an effective business plan topic, briefly. If you want to succeed, firstly you must have a good business plan. We’ll continue on “Business Development Series” on Siteboat. This is the 3th post of “Business development Series”.

What is a business idea? – Business Development Series – 1
What is a business plan? – Business Development Series – 2

You can reach detailed information about content of an effective business plan form the sources below.

Sources:
Content of a business plan – Wikipedia – the free encyclopedia
Writing an Effective Business Plan, Fourth Edition - Deloitte & Touche

In this post, we’ll take a look at LinkedIn’ s excellent growth but firstly let’s talk a few about ‘Business Social Networking’ .

Day to day, social networking becomes more important for us. Organizations that want to manage partnerships with their customers, suppliers and other organizations in the same industries start attending ‘Business Social Networks’. These organizations gain more efficient methods of communication, feedback and insight opportunity from their partners.

Succesful businesses recognize the importance of increasing loyalty through active communities for their partners. Smart companies use Web 2.0 technologies to reach their ‘business partners ecosystem’ with a cheaper, faster, more measurable and more efficient way. They use their business social networks as an easy and a powerful tool to reach and listen to their partners.

The value of a business social network is limited by the ability of creating conversations, sharing experiences, answering questions and offering feedback from partners. Briefly, the business professionals have started to see the value of being trasparent to their partners and understand to use social networks as viral marketing tools – called ‘social network marketing’ . ‘Monetizing the value of social networks’ will be a topic of a future post.

LinkedIn is the biggest business social networking site that gives members the ability of creating business contacts, finding potential customers, hiring/seeking jobs. LinkedIn has 30+ million users representing 150+ industries around the world. LinkedIn founded in 2003 and has caught a sustainable growth in years. In 2007, LinkedIn grew more than 300%.  LinkedIn’ s creative platform has changed traditional business card exchange process into spending time on LinkedIn and watching number of connections grow.

Today, LinkedIn CEO Dan NYE is announcing on company blog that LinkedIn has received $22.7 million investments from market leaders in their sectors. SAP Ventures, Goldman Sachs and The McGraw-Hill join the LinkedIn team after this investment. LinkedIn’s D Round of Funding closed at $1 billion valuation. In this volatile economic enviroment, it’s a very precious success to get these important companies as strategic partners. We congratulate LinkedIn …

The Zpen by Dane-Elec is a revolutionary new input device that captures your handwriting, your drawings, etc… and lets you transfer these into your computer. In fact, Zpen is a two-pieces device: a pen and a receiver with OCR capability. It has 1 gb memory to store your pen strokes.

As we mentioned before in our ‘Use An Idea Journal – Protect Your Creative Ideas Forever‘ post; an idea journal is a must not to forget your randomly generated creative ideas. If you use an idea journal in a handwritten format and have a very good habbit to transfer them into your computer; the Zpen can help you in this process. With its OCR capability, the Zpen receiver transforms your handwriting to your word processor’s format and your drawings are included into this action, too. After your handwritten notes transferred to your computer, you’ll have the ability to organize and search your ideas in a digital form and protect them more easily. It’s small enough to carry in your pocket, so you can use the Zpen as an Effective Idea Journaling Tool, because of these keys:
1- It’s available when you need it to use,
2- It’s easy to use and protect,
3- It lets you organize your ideas easily.

We recommend you to use Zpen as an effective idea journaling tool.

TranslateIN.com is new web application to help you translate a word or a phrase from one of 34 avalaible languages to the remaining 33 of them.  It has a very simple interface for translation and powered by Google Language Ajax API. A mobile version of TranslateIN will be available soon.

In the video below this post, Google’s CEO Eric SCHMIDT discusses  Google’s ‘Clean Energy 2030′ project. But firstly, i’ll talk about what ‘Clean Energy 2030′ is.

Google continues to invest on our Earth’s future.  They have had 2 energy projects, RE<C and RechargeIT we have mentioned before. ‘Clean Energy 2030′ is Google’s new project about  using Clean Energy and reducing CO₂ emissions. The Energy Team at Google has analysed how we could greatly reduce fossil fuel use by 2030

To  the Energy Team at Google, we need immediate action on three fronts:

(1) Reduce demand by doing more with less = More Energy Efficiency

(2) Develop renewable energy that is cheaper than coal = RE<C = Solar, wind, geothermal and others…

(3) Electrify transportation and re-invent our electric grid = Plug-in cars, mass transportation and new electric transmision lines with less loss.

The cost of the Clean Energy 2030 proposal is about $4.4 trillion and savings are even greater ($5.4 trillion), returning a net savings of $1.0 trillion over the 22-year life of the plan.

You can read full article at this official google blog post.

If it’s not available, you can watch the full video here.