Tanner Rankin powerpoint presentation

1. http://www.sourceapproach.com

2. The Essential Components of a Fail-
Safe Business Development Plan

3. Business development is the integration of concepts
and ideas of the plans and actions geared towards
making any business better.
INTRODUCTION

4. In its simplest sense, business
development involves sales,
strategic inventiveness,
business partnerships,
advertising, expansion as well
as marketing. Having stated
the following, most people who
are aspiring to enter the
complex and multifaceted
business world would be
asking one of the basic yet,
significant questions, what
business development is
exactly.
BUSINESS
DEVELOPMENT

5. The major goals of creating a fail-safe business development
plan are leveraging the revenues, business growth through
expansion, escalating profit, establishing a strong business
partnership and developing effective business strategies.
GOALS

6. Here are the scopes and concepts behind every successful
business development scheme that the Buffalo NY Small
Business Services can guide every business huge or small
with:

7. 1. Sales
Scopes and Concepts
Using effective sales strategies that are customer-based with a
projected time to attain its business goals is bound to bring
business success.

8. 2. Marketing
This is a very important scope of business development as it
involves establishing brand credibility and presence through
effective promotion and advertising.

9. 3. Business Partnerships and Strategic
Inventiveness
This is a very important
scope of business
development as it
involves establishing
brand credibility and
presence through
effective promotion and
advertising.

10. 4. Business Planning and Project
Management
Will there be a need for another facility to reach the new market?
Will it be more pragmatic to manufacture the products from the base
company and ship them to the target market or manufacture from satellite
facilities and cut on the shipping costs?

11. 5. Product Management
This is a very important scope of business development as it
involves establishing brand credibility and presence through
effective promotion and advertising.

12. 6. Vendor Management
This is a very important scope
of business development as it
involves establishing brand
credibility and presence
through effective promotion
and advertising.

13. However, giving the business development the exact and precise
definition can be so challenging as there are a lot of interrelated
essential components that should be mulled over in developing a
successful and highly influential business development plan.

14. Visit our website
http://www.sourceapproach.com
With Source Approach, pursuing a dream is just a click
away.