Individual Sections Development Exercise 3Presentation Transcript
A. How would you prefer to read and
search for information from the above
article? Write in your own words; 75
It is very important to do the business
plan. So we should understand it. This
document can serve as a powerful financing
proposal. This article will take you
through the step-by-step process of
developing a business plan. The importance
of planning should never be overlooked.
Taking time to create an extensive
business plan provides you with insight
into your business. To make a better
business plan, we should spend a lot of
time. So we can learn about business
B. Write 5 major points in the
article that are important.
Write in your own words; 100
1, To complete an effective business plan you must dedicate
time to complete the plan. It requires you to be objective,
critical and focused.
2, Business plan is a strong communication tool for your
business. It defines your purpose, your competition, your
management and personnel.
3, Business planning is very important if a business is to
survive. By taking an objective look at your business you
can identify areas of weakness and strength.
4, The owner of the business should write the plan. He is the
one that knows the most about the business. Consultants can
be hired to assist you in the process of formulating a
business plan, but in reality you must do a majority of the
5, It is important for the reader to thoroughly understand
your product offering or the services you currently provide
or plan on providing. Don't overwhelm the reader with
technical explanations or industry jargon that he or she
will not be familiar with.
C.Explain 5 reasons why one should
read the above article when preparing to
design an important business plan on any
topic? Write in your own words; 75 words
1, We should think about the composition before making a
better business plan. The composition is important for make
2, You will realize needs that may have been overlooked, spot
problems and nip them before they escalate, and establish
plans to meet your business goals.
3, If you need further help in one area, then seek the
assistance of the consultant. The consultant might help us.
4, Your business plan's the first page should be a persuasive
summary that will entice a reader to take the plan seriously
and read on. The Executive Summary should follow the cover
page, and not exceed two pages in length.
5, Investors look for management teams with a thorough
knowledge of their target market. If you have existing
customers, provide an analysis of who your customers are,
their purchasing habits, their buying cycle.
D. Write a paragraph
explaining a business situation where
a business plan is necessary. Write in
your own words; 100 words minimum.
Business plan is very important for manage business.
Business plan helps to focus ideas and serves as a
feasibility study of the business's chances for success and
growth. It can help you manage the business and prepare you
for success. Business plan is important communication tool.
Once the business plan is completed, it should become an
operational tool to measure the success of the business.
This plan should be updated as milestones are reached. Often
companies will spend enormous time, energy and financial
resources to complete this arduous task just for the purpose
of obtaining additional capital. A business plan is very
specific to each particular business. To complete an
effective business plan you must dedicate time to complete
Business plan should be a persuasive
summary that will entice a reader to take
the plan seriously and read on.and
important for the reader to thoroughly
under stand your product offering or the
services you currently provide or plan on
・I make it the company satisfied by a
・I make an article unlike the other
・I make an article of high quality.
・I make a modern store.
・I answer the demand of the consumer.
・A purchase is done on the Internet.
・I make a reward card.
・Sell the article of various fields.
・I value the objection of the consumer.
・I make an advertisement.
At first, I collect funds.And I buy land.I
build a store to sell an article next.And
I order it from a factory to make an
article.Finally, I publicize it.
The Product or Service : That is very
important in a business plan.
The Market :I decide an article to make
The Marketing Strategy :Even an article of
good quality does not sell if I fail
The Competition :That is necessary to bring
up a company.
The Management Team:The Necessary for the
continuation of the company.
C. Write down the definition of 5
major key words that are used in the
concept map you developed.
a short statement that gives the main information about
something without giving all the details
making money by producing or buying and selling goods,
or providing services
a business organization that makes or sells goods or
something that you are trying hard to achieve,especially
in business or politics
ability to see
D. Write down three major questions that
might explain the major argument or
information in the the article you see
1. What is the advantage of a concise
2. What is the small and medium-sized
3. What is a final target?