BusinessAsk the expert

How to make a business plan: the algorithm is simple, but the process is labor-intensive

Having decided to start a business, any businessman asks about how to make a business plan. Without this document, the risks of failure are high, in addition, without it it will be difficult to find partners or investors, to obtain credit funds. Finding special literature or advice on the worldwide network, how to compose a business plan competently, today is easy, there would be a desire. Most experts in this field offer approximately the same structure of this document.

Since it is possible to make a business plan, only having sufficient knowledge of its subject, first of all, it is necessary to collect the maximum amount of information about what it is supposed to do. These data will be used practically in all sections of the document and serve as a basis for correct conclusions and competent calculations. To understand how to make a business plan, you can, having previously studied several similar examples. In this case, it should be borne in mind that its first section is a summary, is the chapter that is written at the very end. It is developed when the market analysis is conducted, an organizational, production, financial, marketing plan is drawn up. The task of the resume and title page is to summarize the information about the company and the main essence of the business project to partners or investors in a concise, complete and maximally informative manner. From it, it should be clear what is required for the realization of the conceived, and what will eventually result in those participating in it.

As close as possible to reality, a business plan can be made only by conducting a serious analysis of the market. In it, it is necessary to determine the target audience of clients, growth rates, strengths and weaknesses of competitors, potential threats and risks. After that, you can start the production and organizational plan. In the first one, you need to determine what is needed to obtain the final product or service, in the second - how the duties will be distributed among the staff, what kind of qualification should the staff have, what can and should be more appropriately outsourced.

How to make a business plan for the project to pay off and bring profit? This task is designed to solve the financial section. It calculates all capital investments, current costs, revenues, taxes, various fees. If you plan to use credit funds, leasing, then the debt repayment schedule is described. At the same time, the financial and economic indicators for the first year of the project implementation should not be calculated as a whole for the period, but broken down by quarter, or better by months. The marketing section describes the methods and methods of advertising and, in general, the promotion of a service or product, the advertising budget is defined therein.

When drawing up a business plan, it is desirable to make all calculations based on several variants of the development of events. At the same time, it is better to focus on pessimistic figures, especially if the project is related to borrowing. In addition, the document should contain as few abstractions and assumptions. It is necessary to indicate not only that the entrepreneur has at the entrance of any process, and what is expected at his exit, but also ways how this will be achieved.

Similar articles

 

 

 

 

Trending Now

 

 

 

 

Newest

Copyright © 2018 en.unansea.com. Theme powered by WordPress.