You Want To Know How To Make A Business Plan?

There is a universally accepted pattern for making business plans, so the general appearance of most business Plans have remained the same over the years. However, whether a business plan is acceptable or not depends on adding those known factors that make for a successful business plan.

Since most business plans are part of fund raising requirements for new businesses and because your business plan will be reviewed by those you seek fund from, it is best that you stick to the known conventional business plan and the normal decision making components of a good business plan, ,if not you may have your business plan not read through.

Correctly Write Your Executive Summary Section

The executive summary of your business plan carries the very first impression of your proposal and as such should be written very well. If it fails to capture the attention of your reviewers the reading of your business plan may be aborted. Let your summary be so powerful to clearly point to what your business plan is all about in not many words that deliver what you want to say without problem.


If you write a well thought out executive summary you are surely getting the reviewers on the side of your presentation by capturing their attention as you carefully show the reasons why they should invest in your company.

A well written summary gets a business plan easily understood. A well written analysis of the potentials of your target market, the amount of capital you are looking for to take advantage of the market, expected proceeds from sales projections and your repayment plan therefrom are all the hallmarks of an excellent executive summary.

Introduce Your Business

Here is where you give more details about your company: The registered name, business premises address and more description of the nature of your business. Remember that your reviewers are not going to waste their time trying to figure out what you are saying, so write simple and easy to understand statements of facts that need no thinking to understand. There is no point to speak a language your reviewers will not understand, if your company is technical, use ordinarily words that your reviewers will understand..

Clearly Analyze Your Market

This is where your reviewers will quickly appraise your knowledge of the market and business for which you are looking for funds. If you have done your homework, your analysis of the market will glow before them like a sun in splendor. Here you are just adding more shine to what you said at the executive summary. It is your marketing plan that you present here.


Funding, Your Source Of Expected Income And Your Financial Contribution

Your expected income from expected demand in your target market, a well researched market info that brings about clear competitive edge for your products or services against competitors, the marketing strategy and packaging and advertising and the policy of your company are what you put in this section. Also, you have to include your own monetary contribution in this section.


Finally, you present your reviewers with your management team - that is your organizational structure according to your type of company. If it is a limited company that you registered, your key staff resumes must be included for the perusal of your reviewers. Only people who have relevant qualifications should be presented as members of staff. With the above tips you now know how to make a business plan.


You will find more informaiton at Small Business Resources Free Information or How To Make A Business Plan to help you manage your business better

Leave a Comment

Powered by Blogger.

Small Business Development

Small Business Development
Small Business Opportunity

Stat

Distance Learning University