Being a new entrepreneur? How do business start? Which work must be done first? How to do? Surely many questions are rotating on the head! If you are buying a prolonged expensive product from the market, as well as a guide book, you need to write a guide book before starting the business, where your business objectives, plans, procedures, etc. will be mentioned. In business language it is called 'Business Plan'.

There are many entrepreneurs who have already realized that their business needs a business plan or business plan. But how to write a business plan? Those who have already realized that they need a business plan, they must have thought a great deal about it? Spreading a lot in sporadically, but could not complete it.

Here I will show in detail how to write business plans; What to attach and what to exclude. How many different types of business plan and associated data source work.

EXECUTIVE SUMMARY:

In the beginning of the business plan, this part will show overall business planning or content. This part of the entire plan is to write briefly as title page or title. This summary will explain the plan to the reader clearly what your expectations are. For this reason, this section is very important. Your overall desire for this business should be summarized here clearly.

More clearly, an investor or government person can see a glimpse of the overall subject of your business.

BUSINESS DESCRIPTION:

Business descriptions or descriptions will usually begin with the description of your business organization. When describing your business, write the current status of the organization and the possibilities of future futures. As with all the business information, such as the current market of your business, the important product that has already occupied the market or doing very well.

If there is a new product coming to the market sooner or any action taken for the development of your organization, which is going to be implemented in the near future - all the information that is positive for your business and anyone else will be more interested in your business.

MARKET STRATEGIES:

Market strategy is the overall market analysis. Market analysis makes an entrepreneur well-known with all the perspectives of the market. As a result, it is possible to determine what the company's target market will be. Consequently, it can be possible to determine the quantity of the company's supply for this market will be beneficial.

COMPETITIVE ANALYSIS:

The objective of competitive analysis is to identify the strengths and weaknesses of your competitors in the market and determine the strategy of your business, which will give you specific benefits to achieve your goals. Finding the hurdles that your competitors may or may create against you in the occupation of the market.

DESIGN & DEVELOPMENT PLAN:

The purpose of the Design and Development Plan division is to give a definite listing of product design, production and development to investors, the realization of marketing techniques and the overall picture of the company. At the same time, making the company's development budget so that the company is able to achieve the goal. So the design and development plan is not only important as other things, but it is also one of the new ways to create a new business opportunity with new investments.

OPERATIONS & MANAGEMENT PLAN:

The operation and management plan is to explain how the business will operate continuously. The main feature of the operation plan is to properly manage and supervise the various types of equipment and activities of the company, such as the various responsibilities of the officials, responsibilities imposed on different workers, capital and daily expenditures. Overall, this is all about the operation and management plan.

FINANCIAL FACTORS:

Financial information is always an essential element of business planning. This is no less important than any other business component, such as the main idea of ​​the business, the source, the worker, the market analysis or the management council. Therefore, it is necessary to preserve the authentic information and information of the information and be involved in the business plan.

This is roughly a complete business plan, and the essentials of the business plan. The absence of any one of these could make the business plan a futile paper. Because the things mentioned here are related to each other. The fullness of one of these issues can lead to the extreme situation of your business. So you can add more to your business plan but it will be a suicide idea.

THANKS FOR EVERY ONE READING MY POST @robert31