Meet winners of the Second Annual New York StartUP! Business Plan Competition sponsored by Citi Foundation and hosted by NYPL’s Science, Industry and Business Library.

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Del Foit, a successful entrepreneur and award-winning business school instructor, discusses the keys to developing an effective business plan and presentation. Del has coached dozens of new ventures and hundreds of business school students thorough this process. Dan Gibbs, whose Hometown Farms enterprise seeks to transform vacant or underutilized urban land and buildings into highly-productive and efficient organic farms and produce markets. Dan Gibbs has over 30 years of experience as an entrepreneur, board member, CEO and business development expert. www.hometownfarms.com

Locate details about using a small business plan sample to help you create your business plan for your business. Reviewing others businesses business plans as a guideline and writing a business plan for your business, featuring Shaunta Pleasant.

972 I have no business plan. I have no spreadsheet with five years of projected earnings. There are two reasons: Most business “plans” never come to fruition, and five-year sales projections are about as accurate as political polls. Oh, there is another reason: The people that you prepare a business plan for never read them, unless you put a one-page executive summary at the front. THIS IS WHAT I RECOMMEND: Prepare a one-page executive summary. Then create a forecast of what you believe sales will be over the next 100 days, and the next 12 months. Nothing more. Beyond that it’s a wild guess. The reason to make a 100-day plan is to ensure that in the short-term everything is much more intense, and your blue-sky effort has a deadline. I sincerely apologize if I have busted your bubble. But in the long run I have just saved you 100 hours of work, a huge consulting fee (charged by people who use boiler-plated, cookie-cutter material), and the mental letdown of not achieving that plan anyway. If your banker insists on a business plan try this… Go online, download a business plan template, insert your name and logo, and in five minutes you will have a document that your banker will never read anyway. Ok, that’s a joke suggestion (or is it?). Here is the serious suggestion: Call a limousine service and rent a van. In the van, place your banker, any potential investors, some of your key executives, and your best salespeople. Create a road trip that touches five of your biggest …