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 About the presenter Mr Ben Botes My1stBusiness.com My1stbusiness.com, web portal for 1st time business owners More detail...
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Posted: 2008-09-18 / Author: Ben Botes How To Write A Business PlanYou’ve had a great idea and want to turn it into a business. You’ve conducted research that says that your idea is viable. Now you need to bring it all together in a clear and ordered plan that you can use as a working guide to the start up and future success of your business.Purpose of Class A well-written business plan acts as a map of direction for you, a marketing tool for your business and proof of credibility for your bank etc. Key Points The business plan is your best estimate, based on your current information –it can be changed. If you want to raise money, you’ll need a well presented, carefully researched plan. A business plan can help to clarify your thoughts about the likely success of your business. A business plan will show you the important steps that need to be taken. The plan should stress your management ability and demonstrate that there is a market for your product or service. Five Questions This Class Will Answer 1. What are the most important reasons for writing a business plan? 2. Is one plan enough? 3. Who should do the plan? 4. What should be in the plan? 5. How should it be presented? Five Common Problems This Class Can Help You To Overcome 1. To fail to prepare is to prepare to fail. 2. People haven’t done sufficient research before writing the plan. 3. People pay ‘experts’ to write their plan – it’s your business – you are the expert. 4. People fail to set targets - or don’t know how to make them realistic. 5. People fail to make their plan readable or believable. Date: 2008-11-04 Start time: 16:00:00 gmt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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