The document outlines what a business plan is, what it typically includes, and the advantages and disadvantages of having a business plan. Specifically:
- A business plan is a formal written document that contains business goals and strategies, used especially by startups, to help attain those goals within a set timeframe.
- A typical business plan covers topics like the business overview, goals, strategies, products, target market, business model, funding needs, and marketing strategy.
- Advantages include helping to stay on strategy, clarifying objectives, better planning cash flow, and making it easier to gain funding. Disadvantages are that it takes time/money and can discourage innovation once set.
Many people want to be business owners, but one of the first things they need is a BUSINESS PLAN! This presentation provides plenty of help with creating your plan no matter what type of business you are interested in starting.
Many people want to be business owners, but one of the first things they need is a BUSINESS PLAN! This presentation provides plenty of help with creating your plan no matter what type of business you are interested in starting.
A business plan is a document that brings together the key elements of a business that include details about the products and services, the cost, sales and expected profits.
You need a business plan to document your business and your go forward plan. This is especially important if you are looking for financing. This outlines what is required for a business plan.
In this 1 hour webinar hosted by BizCentral USA, we discuss the ways to use and update your business plan to be most effective for your small business! For more information on business plans, please visit: http://bizcentralusa.com/businessplan.php
This presentation shows how a business plan document can be a document used to selling your business offering to would be investors, organisations you wish to do business. We had a client who was told be the CEO of Virigin global to send her company's business before she was given the job to cater to the culinary needs of the Virgin lounge at Lagos MM2 Airport.
Earthsoft Foundation of Guidance (EFG) is working as an NGO/NPO for students - Education & Career
guidance and for Professionals for soft skills enhancements. I am working on speading , sharing
knowledge; experience globally.It has uploaded important presentations at http://myefg.in/downloads.aspx.
Also https://dl.dropbox.com/u/83265908/Links-events.xls has links for all ppt files.
Read http://tl.gd/jm1gh5
Be mentor using your education, knowledge & experience to contribute for a social cause & do conduct
free training/ workshop seeking help of existing platforms like rotary,etc
Kindly spread to your friends.Thank you!
- Earthsoft Foundation of Guidance
Let us make earth little softer..
Presentation used at Meades & Company September 2011 Business Builder Forum.
Increasing your productivity and effciency with OnePage business plans.
experts@meadesandco.co.uk
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
A business plan is a document that brings together the key elements of a business that include details about the products and services, the cost, sales and expected profits.
You need a business plan to document your business and your go forward plan. This is especially important if you are looking for financing. This outlines what is required for a business plan.
In this 1 hour webinar hosted by BizCentral USA, we discuss the ways to use and update your business plan to be most effective for your small business! For more information on business plans, please visit: http://bizcentralusa.com/businessplan.php
This presentation shows how a business plan document can be a document used to selling your business offering to would be investors, organisations you wish to do business. We had a client who was told be the CEO of Virigin global to send her company's business before she was given the job to cater to the culinary needs of the Virgin lounge at Lagos MM2 Airport.
Earthsoft Foundation of Guidance (EFG) is working as an NGO/NPO for students - Education & Career
guidance and for Professionals for soft skills enhancements. I am working on speading , sharing
knowledge; experience globally.It has uploaded important presentations at http://myefg.in/downloads.aspx.
Also https://dl.dropbox.com/u/83265908/Links-events.xls has links for all ppt files.
Read http://tl.gd/jm1gh5
Be mentor using your education, knowledge & experience to contribute for a social cause & do conduct
free training/ workshop seeking help of existing platforms like rotary,etc
Kindly spread to your friends.Thank you!
- Earthsoft Foundation of Guidance
Let us make earth little softer..
Presentation used at Meades & Company September 2011 Business Builder Forum.
Increasing your productivity and effciency with OnePage business plans.
experts@meadesandco.co.uk
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
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involves recognizing relationships between elements of the marketing mix (e.g.,
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2. Contents
• Introduction
• What is a business plan?
• Contents of a business plan
• Advantages of business plan
• Disadvantages of business plan
• Conclusion
3. Introduction
• This presentation is about business plan. What a business
plan is and what it entails will be highlighted in this
presentation. Moreover, the importance of a business
plan to businesses, the advantages of having a business
plan and the disadvantages will be looked at.
4. • A formal written document containing the goals of a business, the methods for attaining those goals,
and the time-frame for the achievement of the goals.
• Background information on the organization and the different business strategies to implement
• A decision making tool
• Usually used by start-up businesses
What is a business plan?
5. • Business overview- name, logo
• Business goals
• Strategies to achieve the goals
• The product sold and the target market
• The business model
• Number of employees and departments
• Cost of organizing the business
• The sources of revenue
• Funding requirements
• Anticipated profit margins
• The market share
• Competition
• The marketing strategy
6. Advantages
of
Business plan
• Helps to stay on strategy
• The business objectives will be clearer
• Plan and manage cash flow better
• Easier to gain funding by presenting
the business plan
• Employees will understand their tasks
better
• Know the progress and success of the
business
7. Disadvantages
of
Business plan
• Time consuming to prepare
• Expensive to make
• Less flexibility if the business plan
is strictly followed
• Might discourage innovation after
the plan is set
• Some objectives set may not be
realistic
8. • Business plan is a document outlining the goals and various important information regarding
the business. In this presentation, we looked at what has to be included in a business plan and
the benefits and drawbacks to businesses of having a business plan. Even though there are
some disadvantages, it is more profitable for businesses to have a set plan.
Conclusion