A business plan is a written document of your business's future, a good small business plan defines exactly what you intend to achieve, and more importantly, how you plan to achieve.
The following business plan guide has been provided by GE
Consult.
Overall Considerations
before Writing a Business Plan
a. Language must be brief, written in layman’s terms.
b. Each section must stand on its own, precisely define and
satisfy its objective.
c. All facts and numbers are to be evidently supported with charts
and graphs.
Before Writing Your
Business Plan
a. How long should my business plan be?
b. Who needs a business plan?
c. Why should I write a business plan?
d. Determine your goals and objectives.
e. Outline your financing needs.
Executive Summary
This is a very important page. Within the overall outline of
the business plan, the executive summary will follow the title page. The
summary should tell the reader what you want.
Business Description
The business description usually begins with a short
description of the industry. When describing the industry, discuss the present
outlook as well as future possibilities. Information on all markets within the
industry shall be provided, including new products or developments that will
benefit or adversely affect your business.
Market Strategies
Market strategies are the result of a thorough market
analysis, they are all about target market defined so that the company can be
positioned to foster competitive edge.
Competitive Analysis
The purpose of the competitive analysis is to determine the
strengths and weaknesses of the rivalry within your market, market strategies
that will provide you with a distinct advantage, that entry barriers can be
developed in order to prevent competition from entering the market, and weaknesses
that can be exploited within the product life cycle.
Operational Plan
The operational plan is designed to describe just how the
business functions on a regular basis, such plan will highlight the supply
chain and logistics, the tasks assigned to each division within the company,
and capital and expense requirements related to the operations of the business.
Financial Components
Financial data serves as the back-bone of your
business plan, financial assumptions and projections should be laid.
1 comment:
michael kors outlet
ray ban sunglasses
chanel handbags
oakley sunglasses
oakley sunglasses
cheap jordan shoes
replica watches
fitflops
christian louboutin outlet
michael kors
20175.22chenjinyan
Post a Comment