Tuesday, June 28, 2011

What is a business plan?

A Business plan is a formal statement of a set of business goals.



  • Business Plans are decision -making tools.
  • There is no content for a business plan.
  • It may also contain background information about the organization or team attempting to each those goals.
  • A Business plan represents all aspects of  business planning process ,declaring vision and strategy alongside sub-plans to cover marketing,finance,operations,human resources as well as a legal plan,when required.
  • A Business plan is bind summary of those plans.

    Normal structure for a Business Plan

                    01.Cover page and the table of content
                    02.Executive summary
                    03.Business discription
                    04.Business environment analysis 
                    05.Industry background
                    06.Competitor analysis
                    07.Market analysis
                    08.Marketing plan
                    09.Operations plan
                    10.Management summary
                    11.Financial Plan
                    12.Attachments and Milestones







 


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