Hello and welcome to this month's newsletter!

The new year is a great time to plan for your business.

For those who appreciate simplicity, a one-page business plan can be particularly effective. It clarifies your vision, objectives, strategies, and actions, serving as an easily updated roadmap for the year. 

Alternatively, the Business Model Canvas provides a visual chart that outlines a firm’s or product’s value proposition, infrastructure, customers, and finances.

The canvas helps businesses align activities by illustrating potential trade-offs. The Business Model Canvas was first introduced by Alexander Osterwalder in 2005.

A traditional business plan, usually over 30 pages, is often needed for bank loans or investors. It includes market analysis and financial projections.

Research shows that having a written plan in any format increases the likelihood of business success.

AI-powered planning apps can cut planning time from weeks to minutes. 
 

To help you get started, here are several recommended apps.
 

Mike 

Owner, Mike Grossman Consulting

Use the LivePlan Assistant to instantly generate ideas at each step of your one-page business plan. You can also access 550+ sample plans to find one that matches your industry.

Paid plans start at $13/month when paid annually.

 

Over 1,000 entrepreneurs and business owners use Bizplanr to streamline their planning process.

A library of industry-specific business plan examples helps you write yours.
 

Use this template to guide your business, share with your team or partners, or present in meetings. It is a practical tool for quickly and efficiently understanding your business.

If you would like to use AI in creating your plan, upgrade to Upmetrics. It integrates seamlessly with Bizplanr.

Bizplanr is free to use.