HOW TO BE AN ENTREPRENEUR!!!
HOW TO BE AN ENTREPRENEUR--
--BUSINESS PLAN--
1. START YOUR BUSINESS PLAN
A business plan typically describes what your company does whom does it serve? what does it provide?, provides a market analysis, includes a detailed description of the product or service, and projects the expected financial future of your company for the next 3-5 years.
2.DESCRIBE YOUR COMPANY
This should be a brief summary of what your business does, what needs it satisfies and how, and why it is superior to other ventures of its kind. Be concrete and specific, but keep this short .
3.PRESENT YOUR ANALYSIS.
If you have done good market research, you should be able to talk in specifics about your chosen industry or field, your target consumer market, and your projected market share.
4.PROVIDE YOUR ORGANIZATION AND MANAGEMENT.
If your company is only you at this point, use this section to provide information on who owns your company, what their responsibilities are, and how you will structure your business as it expands. Will you have a board of directors? How will your employees be organized? Investors want to see that you have thought about the future of your company.
5. PROVIDE YOUR PRODUCT.
Provide details from potential customers’ point of view. If you have already talked to potential customers, you should have a good idea what their opinions of your service or product are.
6.DESCRIBE YOUR SALES STRATEGIES.
This section will focus on how your business plans to attract and keep customers. How do you plan to reach your target consumers? How will you use marketing to grow your business? Do you already have potential customers lined up.
7.UNDERLINE YOUR FUNDING REQUEST
If you are seeking investors or a bank loan, you will need to state exactly what you need to get your business started. You should include any amount you are investing yourself, how much money you need from your investors, and most importantly how you plan to use this funding.
8.WRITE YOUR SUMMERY.
This actually goes at the very beginning of the business plan, but you’ll need to wait to write this until you’ve thought the rest of the plan out. The executive summary is a snapshot of your venture as a whole: its goals, its mission statement, and an introduction to yourself and your company. As a new entrepreneur, you should highlight your background and experience with your chosen product or service.
--IT SHOULD BE NO LONGER THAN ONE PAGE--
THANK YOU..
PLEASE SUBSCRIBE..
--BUSINESS PLAN--
1. START YOUR BUSINESS PLAN
A business plan typically describes what your company does whom does it serve? what does it provide?, provides a market analysis, includes a detailed description of the product or service, and projects the expected financial future of your company for the next 3-5 years.
2.DESCRIBE YOUR COMPANY
This should be a brief summary of what your business does, what needs it satisfies and how, and why it is superior to other ventures of its kind. Be concrete and specific, but keep this short .
3.PRESENT YOUR ANALYSIS.
If you have done good market research, you should be able to talk in specifics about your chosen industry or field, your target consumer market, and your projected market share.
4.PROVIDE YOUR ORGANIZATION AND MANAGEMENT.
If your company is only you at this point, use this section to provide information on who owns your company, what their responsibilities are, and how you will structure your business as it expands. Will you have a board of directors? How will your employees be organized? Investors want to see that you have thought about the future of your company.
5. PROVIDE YOUR PRODUCT.
Provide details from potential customers’ point of view. If you have already talked to potential customers, you should have a good idea what their opinions of your service or product are.
6.DESCRIBE YOUR SALES STRATEGIES.
This section will focus on how your business plans to attract and keep customers. How do you plan to reach your target consumers? How will you use marketing to grow your business? Do you already have potential customers lined up.
7.UNDERLINE YOUR FUNDING REQUEST
If you are seeking investors or a bank loan, you will need to state exactly what you need to get your business started. You should include any amount you are investing yourself, how much money you need from your investors, and most importantly how you plan to use this funding.
8.WRITE YOUR SUMMERY.
This actually goes at the very beginning of the business plan, but you’ll need to wait to write this until you’ve thought the rest of the plan out. The executive summary is a snapshot of your venture as a whole: its goals, its mission statement, and an introduction to yourself and your company. As a new entrepreneur, you should highlight your background and experience with your chosen product or service.
--IT SHOULD BE NO LONGER THAN ONE PAGE--
THANK YOU..
PLEASE SUBSCRIBE..
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