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Transcript of Business Plan
Outline / Structure
thanks for your
What is your Business Idea?
Who are your target customers?
What is the value of your product / service for those customers?
What growth rates do you forecast?
What competitive environment do you face?
Gives a brief overview of the business most important aspects
Describes the ideas as clearly, compellingly and concisely as possible
What product will I sell?
How many / much do I plan to sell?
How do I plan to sell?
Why do we need to plan
To cope with the rapid technological and social change
To adapt to changing market needs
For survival or continuous profitability
To increase probability of achieving targets
To maximize use of resources
Basic questions for planning process
Where are you now?
Where do you want to go?
How do you get there?
How do you implement the plan?
How do you manage and control the plan?
How many products will I produce?
Where will I make the product?
What do I need to make the product?
How much will it cost to produce the product?
How will I set up and organize the enterprise?
Who will I do:
When will I start normal operations?
How much will I invest in the business?
How will I finance the business?
How will the business perform financially?
List of references
Leadership, Management, Command and Control are the four pillars of every organization as they directly drive the organization. Used properly, the business will grow; used improperly, the business will sink.
A good business plan spells out who a company is, what is does, how it does it and where it is going. Keeping this background in mind makes it easier to understand a business plan. Anyone who is involved with the inner workings of a company, has a part in shaping its policies and direction, or is involved in the funding process has to be able to understand a business plan.
Any Questions ???