AUTHOR BUSINESS PLAN

 

NAME

Pen name(s)

Address:

City, State, ZIP:

P.O. Box (for newsletter):

Email(s):

 

 

I. TABLE OF CONTENTS

 

I. Table of Contents [page 1]

II. Summary [page X]

III. Business [page X]

IV. Market Analysis [page X]

V. Marketing Plan [page X]

VI. Operations and Management [page X]

VII. Forecast [page X]

 

 

II. SUMMARY

 

{Side hustle} will generate {amount} per {time period} that will allow me to fund {need/want}. I also find it fulfilling to know that I can provide {product/service}.

My customers will be {kind of customer or client} in {demographic/environment}.

 

III. BUSINESS DESCRIPTION,

 

I will boost my income by meeting a need for {service/product}. My market research indicates that my side hustle will be successful due to {reason}, and that my pricing is accurate due to {reasons}.

This venture complements my day job because of {reason}, and I anticipate no issues making time for it due to {time management plan}.

The company will be set up as {legal setup, such as LLC, sole proprietorship, etc.}.

 

IV. MARKET ANALYSIS

 

I will be facing competition in the form of {description}. I am confident I can fill a void by {approach}.

My pricing will be {more than, less than, equal to} to the competition, and my delivery system will be {why your prices are what they are}.

I will also use {marketing and social media strategy} to increase the chances of success.

 

V. MARKETING PLAN

 

While working my side hustle, I will project the image of {brand/reputation}. In addition to {types of marketing} marketing, I will have a social media presence on {platforms}, and a website with URL {URL}. My budget will be {amount}.

The market is {description}, and because of that {describe confidence in approach}.

My research indicates that market can support {prices/rates}.

 

VI. OPERATIONS AND MANAGEMENT

 

I will run my side hustle out of my home, and {describe banking and tax plan}.

I may occasionally need {backup/assistance/service provider/etc.}.

The items I will need for initial startup include: {inventory/equipment/etc.} I also {will/will not} need to pay {franchise/licensing fee}.

{Note here whether you have a location. If you do, state what it will take to get it in working order; if you don’t, explain your plan for securing a location}

 

VII. FORECAST

 

My forecast for turning a profit via my side hustle is {amount of time}, after which I aim to net {dollar amount} per {time period}.

I {do/do not} eventually wish to replace my day job with this venture.