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Nairaland Forum / Nairaland / General / Business / Writing A Business Plan (677 Views)
Developing A Company Profile And Writing A Business Proposal / Free Ebook On Writing A Professional And Winning Business Plan / Format For Writing A Feasibility Study (2) (3) (4)
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Writing A Business Plan by okmoreal: 2:47pm On Jan 12, 2009 |
Once you've conducted research into the feasibility of your new business you're ready to write your business plan. Your business plan is essential for your business - it's your blueprint for the future. It sets the direction for your business and keeps you on track once you're up and running. It's also a requirement when you're seeking finance. Depending on what type of business you intend to start, your business plan could include these elements: * executive summary - a one-page overview written after your business plan is finalised * introduction - explains the purpose and objectives of going into business * marketing analysis - looks at the industry you are entering and how you fit in * marketing plan - your marketing strategy * operations plan - how you'll set up the business, i.e. structure, location, regulations * management plan - how you'll manage your business * financial plan - how you'll finance your business, costing and financial projections. Business planning is an ongoing business activity - you should regularly review and revise your business plan. |
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