In 2017, Bizezi founder, Tony Henderson-Newport, noticed that many entrepreneurs and business owners were often asked for a business plan. The fact is that for many, the exercise can be mind-numbing with an overarching question of “where do I start?”
With a background in entrepreneurship, Tony also knew that for the start-up business owner, a tool such as the Business Model Canvas, the brainchild of Alexander Osterwalder and founder of Strategizer AG was part of the solution, but not necessarily for those who wanted a business plan.
Hence began a two-year journey to create a bridge to cross the divide between the small business owner, the entrepreneur… and those requiring a business plan… the banks, the investors, the philanthropists and the suppliers.
The end game (and yes, creating the Business Plan Hack) is to provide the business owner with a business plan they can polish… not one they have to start from scratch.
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Bizezi’s 4 principal modules
Business Model Canvas
A globally accepted template invented by Swiss business specialist Alexander Osterwalder, co-founder of Strategyzer. It is a great tool to use to improve the focus and clarity of what your business is trying to achieve. It eliminates all of the fluff from the traditional business plan and lets you zero in on what's important.
SWOT analysis (strengths, weaknesses, opportunities and threats analysis) is a framework for identifying and analysing the internal and external factors that can have an impact on the viability of a project, product, place or person.
It helps you focus on your strengths, minimize threats, and take the greatest possible advantage of opportunities available to you.
Firstly, what is your living budget? Most entrepreneurs forget to put themselves on the payroll. Based on your Business Model Canvas and SWOT Analysis, what would be a next year realistic financial projection of revenue and expenditure?
A business plan is a written document that describes in detail how a business (or an idea) —usually a new one—is going to achieve its goals. A business plan lays out a written plan from a marketing, financial and operational viewpoint.
Credits of the app sources
Business Model Canvas