Sunday, May 22, 2011

Creating a simple business plan

A business plan is a simple word that communicates future goals, features, financial position of any business enterprise. An important thing kept in mind before making a business plan, you must be aware of the reader, I mean audience of this project.

Simple plan should not be long an average plan has a length of 40 pages. It is not fixed what you want to include in your business plan. Your business plan totally depend upon your audience.
Thought a simple plan cover following heading :

Business description
Marketing plan
Management team
Financial plan
Competitions plan
Environment analysis
Executive summary

Preparing a business plan is not a simple tasks. It requires full knowledge experts of business like marketing, financial, human resources, and operation management and chain management. A well plan business plan simply understandable, easy to apply and friendly for audience.

The aim of business can be different for profit and not profit business like profitable business want to make wealth but non-profit organization objective to provide facilities to audience or general public or society.





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