A complete business plan.

in Project HOPE4 years ago (edited)

Dear steemit community

If you want to apply for a business loan from the Youth Auxiliary Association, the Small and Medium Enterprise Office, or the Vocational Training Bureau of the Labor Committee, the business person need to genrate a plan submit a business plan for review. Propose loan fund disbursement to the cooperating bank. Because of this, we often heared many complaints from companies who are older or who have never been exposed to the form of business plan books, worrying that they want to start a business but are stuck in not being able to write business plan books.

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In fact, it doesn’t matter if you don’t know how to write a business plan. Many matters are available for writing a business plan on the market. However, whether you need a loan or not, even if you are lucky enough to not need a loan, it is still recommended that you write a business plan yourself, because in the process of writing this plan, you can understand yourself What are the shortcomings of the entrepreneurial process, or find out what you don't understand through the writing process, so that you can improve and make more progress.

A well structured successful start plan need to have some main points: the first is to have a clear and simple organizational structure that is easy to read and understand. The second is that the content must be detailed and precise, and the regulations are clear. The material content of the general business plan must includes the this items:
Abstract:
entrepreneurial motivation, goals, content.

Products and Services:
Industry over view, industry backdata, industry positioning, products and services, growth strategies and investment scale.

Market research analysis:
consumer and market finding analysis, competitor analysis, feasibility analysis, market size and trends, forecast sales.

Marketing plan:
overall marketing strategy, pricing, services, advertising.

Operation plan:
operation time, operation location selection, operation strategy and plan.

Personnel management:
organizational structure, number of employees, shareholder structure, investment amount and proportion.

Financial planning:
cost control, profit and loss forecast, balance sheet situation, estimated current balance sheet, future debt repayment plan.

Estimated return on investment: Estimated
investment return period, financial target.

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Doing business is not easy but I must say that this is something that many of us want to do so if we can start with it then it's always a great decision I believe.

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