A future plan

in business •  7 years ago 

A FUTURE WITHOUT A PLAN?
I Got Help, Let Me Help You Too

It was like drama, I wrote my first Business Plan in 2007. I was helped by the fuse of reading books, being an accounting student and huge appetite for owning a world-class Business.

I have written Tens of Business Plans

Here are the BENEFITS of writing a business plan.

*shows that you’re serious about your business.

*helps lenders and investors to understand your business idea.

*shows your predicted profits and income streams.

*remind yourself of your goals and priorities.

*assess whether your strategies are working.

*adapt to any new changes in your environment.

*make the most of new opportunities as they come your way.

*learn about your industry, market and competitors.

*write down exactly where you are in the market and where you're headed.

*identify challenges you may come across and work out strategies to avoid or overcome them

*understand your business finances, including managing cash-flow and determining your break-even point

*set specific goals, timeframes for achieving them and how you'll measure performance

*make sound business decisions that focus your activities, maximise your resources and give you a competitive edge.

I am *Andy bayo
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