What is Business Plan :
The summary of how to run the business like a MAP to success in the business you want to do including detail in marketing, cooperating, financial, SWAT analysis, etc.
Why Business Plan necessary :
That because it will give overview of business also, help bake or other financial make decision about how risk your business and should they give you load or not?
The Good business plan should answer these questions :
1.) What business we are in (Vision, Mission, Objective)?
2.) This project interested?
3.) Possibility that this business will survive and growth up?
4.) What position of our business in the market including pricing?
5.) How you fund your business?
6.) What is your marketing activity for your business?
7.) What the organization of your business?
8.) What is the SWAT analysis of your business?
9.) What is your business strategy?
10.) What is your functional strategy (Marketing, Production, Operation, Management, Accounting, and finance)?
In Business plan will have
1.) Executive Summary --> There should have only 1 page which contain all info of this business plan. Should very easy to read and understanding (Project name, product, capital needed, profit ratio, etc.).
2.) Vision, Mission, Objective --> There should be SMART (Specific, Measurable, Achievable, Realistic, Time-Bound).
3.) SWAT analysis (Strengths, Weakness, Opportunities, Threats).
4.) Business Strategy --> Superior Efficiency, Quality, Innovation, Cost Leadership Strategy, Differentiate Strategy, Focus Strategy, Fast Response Strategy.
5.) Functional Strategy Summary --> Marketing Strategy, Production and Operation strategy, Management strategy, Accounting and Finance Strategy.
The summary of how to run the business like a MAP to success in the business you want to do including detail in marketing, cooperating, financial, SWAT analysis, etc.
Why Business Plan necessary :
That because it will give overview of business also, help bake or other financial make decision about how risk your business and should they give you load or not?
The Good business plan should answer these questions :
1.) What business we are in (Vision, Mission, Objective)?
2.) This project interested?
3.) Possibility that this business will survive and growth up?
4.) What position of our business in the market including pricing?
5.) How you fund your business?
6.) What is your marketing activity for your business?
7.) What the organization of your business?
8.) What is the SWAT analysis of your business?
9.) What is your business strategy?
10.) What is your functional strategy (Marketing, Production, Operation, Management, Accounting, and finance)?
In Business plan will have
1.) Executive Summary --> There should have only 1 page which contain all info of this business plan. Should very easy to read and understanding (Project name, product, capital needed, profit ratio, etc.).
2.) Vision, Mission, Objective --> There should be SMART (Specific, Measurable, Achievable, Realistic, Time-Bound).
3.) SWAT analysis (Strengths, Weakness, Opportunities, Threats).
4.) Business Strategy --> Superior Efficiency, Quality, Innovation, Cost Leadership Strategy, Differentiate Strategy, Focus Strategy, Fast Response Strategy.
5.) Functional Strategy Summary --> Marketing Strategy, Production and Operation strategy, Management strategy, Accounting and Finance Strategy.
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