Business plan us a main component of a business plan. Without a perfect business plan,A business can not grow for long term.He i described all about a business plan.Hopefully this will help you a lot. If you need any more information, don't hesitate to knock me.

1. Importance of
Business Plan
Mohammad Anishur Rahman
Business and Financial Advisor
accruon@gmail.com www.fiverr.com/businessfixxx

2. Why do you need Business Plan
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To Grow your current business
Back up a business loan submission
Seek investment for a business
Make a new business
Assessment of the business for planning and tax matters
To sell your company

3. Why do you need Business Plan
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Deal with professionals consultants
Grow new business alliances
Share and explain business objectives with your management team
Decide whether you need new assets, how many, and whether to
buy or lease them
Appoint new persons
Share your plan, priorities and exact action points with your partner
Set specific purposes for managers

4. Key Success Factors of Your Business
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Sell each unit at a profit margin
Continue to reduce product/ administration costs.
Develop new products with high quality of existing products.
Find and retain customers.
Create and maintain customer satisfaction at the highest level.

5. Key Success Factors of Your Business
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2,877 people completed the survey. 995 had submitted a
plan.
 297 of them (36%) secured a loan from bank
 280 of them (36%) secured investment capital from finance or bank company
 499 of them (64%) had grown their business successfully
1,556 of the 2,877 had not yet submitted their plan.
 222 of them (18%) secured a loan
 219 of them (18%) secured investment capital
 501 of them (43%) had grown their business

6. Business Plan Quotes
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Yes, Its True

7. Business Plan Cycle
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8. Business Plan Cycle
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DO it
Check It
Take Action
Implement Plan
Propose Mission
Propose Goals
Examine External resources
Examine Internal resources

9. Why Business Plan fail?
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 Bad business ideas
 Employee compensation is not compatible
 No exit strategy for Sacking lazy co-founders
 The team is not well-balanced
 Detailed financial projections are not completed
 False assumptions for the projections
 Failure to improve business plan year after year
 Not having the right people involved

10. Why Business Plan fail?
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 Unachievable Goals and Aspirations
 Lack of Market Research and analysis
 Productivity and Motivation Issues problem
 Improper Budgeting
 Ignoring the market competition
 Ignoring financial risk, operational risk etc
 Profit or turnover
 Leadership Problem

11. How to avoid Business Plan failure?
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 Leaders should know the ins and
outs of the plan
 Money matters, Invest strategically
 Plan for the future
 Stay motivated and know your brand
 Be competitive
 Focus on your principles

12. Thank You
For More Details
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Business Plan & Financial Plan