How to write a business plan

How to write a business plan
 When you create any business there is always a need to draw up a business plan. It is an economic business management program that describes the company's development strategy, starting with production and ending with the optimization markets.
 If you want to create a solid, researched business plan, then write it without the help of specialists and reading of literature will be difficult. If you search the Internet, you can find a lot of programs and services to help write a business plan. In most cases this is at the cost. But a simple business plan you can make yourself.

The first section of the document you will have an idea of ​​the project. Here, a detailed description of what you intend to do, why this case will be profitable, your advantages over other competitors. Reflect all the prospects of the company as a long-term and short-term. Think about whether to pursue the case for yourself whether you need assistants, room for business, how much it will cost you.

The second section of the business plan - a market survey. Here you need to think about what you will be selling, for how much and why did you decide that people will have to buy it. To do this, from what sectors of society will be your customers, their purchasing power and the need for your proposed product or service. Identify the strengths and weaknesses of competitors.

The third section - the most important, the financial part of the business plan. Assess what resources are needed, the initial capital to start their own business. Try to take into account all - labor, raw materials, money and time resources. This is best done in the table Microsoft Excel, because there is easier to take into account variable and fixed costs, and more.

Literate and thoughtful business plan is important not only for the bank where you plan to take the credit. Even more important, he has for aspiring entrepreneurs, because in the process of compiling an abstract idea for the business will appear in real terms, carefully thought out all the details and nuances. Thanks to this result is much more efficient enterprise.

Tags: business plan, the idea