Creating A Business Plan

This post shows you what you need to make and how avoiding errors, other entrepreneurs before you have already committed. Basis for the creation of a business plan you will find a short tutorial on how you can create your business plan successful. The first impression is not correct. Other leaders such as Hikmet Ersek offer similar insights. Therefore, set value on the external form of the business plan. In addition to a cover page, you should also think a table of contents with page numbers.

Provide the Paln with a presentation folder, or even better: you can bind the business plan in a copy shop. The layout should be consistent. Use 11 pt for the text font size for main headings 14 pt and pt for headings 12. A business plan should include approximately 15-20 pages. Many aspiring young entrepreneurs write business plans by 30,40 or even 50 pages.

But be careful: Here you give the reader the feeling that you can’t get to the point. Checklist: business plan 1 Summary here to readers about one DIN A4 page get an overview about your intentions and the purpose of the submission of the business plan (capital, Foundation grant, etc.).Summarize the following chapters in one or two sentences each. 2. Business / service describe briefly your business idea. Mention the name, the address, the product or the service and the target group. Mention also your unique selling proposition (i.e. the reason why your customers will buy). 3. Management and staff positions as founder person and your expertise regarding your project before. Mention activities from the past, which could underline your commercial skills. If you need staff, you should here also specifically mention and describe. Key positions in the company should be described in detail. 4. Market / competition / location signs you here the market where you want to be active and limit potential sales volume down. Many entrepreneurs are in regional markets active. I.e. the customers come from a radius of about 30 km. Research the number of potential buyers. A valuable help here often is the municipal Bureau of statistics. Their competitors search locally and on the Internet. You have to know who you have to do it regionally. You are looking at is exactly like your competitor is present and learn from them. If you want to operate a site-dependent commercial (retail store, barber shop, etc.), you should use a lot of energy on the selection of the site and also in detail can justify why you have chosen the appropriate site. 5. Marketing and sales give you here again, how you want to assert themselves in the market and provide you the following dar: target groups product range/services price distribution channels of communication including marketing plan Tip: pay special attention to this point, our more than ten-year practice has shown that customer acquisition is the Central bottleneck of young entrepreneurs. 6. Business planning business financial plan should in the first year of monthly and in the two subsequent years contain at least quarterly and following components: viability plan liquidity planning capital investment plan: investment plan + financial plan 7 risks and opportunities are here compared with the opportunities and risks. Describe in particular the risks and how you are going to respond. Many entrepreneurs often overestimate themselves time factor. Many of the described scenarios occur in practice, but later.

Comments are closed.