Wednesday, May 12, 2010

Developing the Plan

i. Developing a good businees plan can put you on the right track to success in a small business. A business plan summarizes a business mans proposed venture. It provides an organized
report of a company's goals and how the management intends to reach their goals.

ii. What to include in a business plan. Vision and mission statements, market analysis, Industry Overview, Competitive analysis, Marketing plan, Operational Plan, Organizational Plan, Finacial Plan, Growth Plan, Contingency plan, Executive summary.

iii. Some key attributes needed are having some goals and objectives, establish the business's goals and objectives and relate them to the invesment you seek. Some people to be successful advertise there business or there ideas as a entrepreneur

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