BUSSINESS PLANNING

Every business needs to have a written business plan that provides direction. A business plan is vital for a business to be successful. A business plan must include the following;

• An executive summary - detailed explanation of your business.
• A company description - explaining what you do.
• Market analysis - research findings on the market. 
• Organization and management - structure to be followed.
• Service or product - what you are offering.
• Marketing and sales approach - your marketing and sales strategy.
• Funding/Money - proposed amounts required for the venture.
• Financial projections - how you expect your venture to perform

Before drafting a business plan, one needs to pay attention to the following;

• Do extensive research
• Determine the purpose of your plan.
• Create a company profile.
• Document all aspects of your business.
• Have a strategic marketing plan in place.

For help drafting a business plan, contact us through service4businessweknow@gmail.com