Any project needs planning. Raising funds, sometimes considerable, requires careful and phased distribution. Any stage of the business is accompanied by a comparison of the desired and achieved results, making decisions on further development. A short algorithm will help to make your business plan, reflecting all the details.
Instructions
Step 1
State the idea and the reasons for its success. Starting your own business, you choose the activity in the implementation of which you plan to achieve success. Describe in detail what you are going to do, provide a reasonable justification for your choice, list the reasons.
Step 2
Define your client. Describe potential buyers - their number, age, profession, gender. List the possible benefits of purchasing your product or service, what expectations the buyer has, how much he is willing to pay, etc. To do this, you will have to conduct a little marketing research - all data should be close to reality, try to reason objectively.
Step 3
Assess the performance of your competitors. Explore all the competitive advantages, analyze the state of the market, the ratio of supply and demand, try to predict the actions of existing players when entering the market.
Step 4
Describe all stages of market promotion. Start by deciding on advertising - do you plan to communicate about yourself, when and in what way. Think over your pricing policy, methods of attracting customers, improving your product or service.
Step 5
Indicate the stages of your activity. List the activities that you need to take, indicating the approximate amount of costs. Reflect all the stages - renting premises, expenses for its maintenance, purchasing goods, hiring workers and monthly salary payments, settlements with suppliers, etc.
Step 6
Make a plan for expenses and income. List all items of expenditure and receipt of funds on certain dates of one month (after 5 or 10 days). Consider not only the profit from future activities, but also the possible options for investing and attracting additional funds. Combine the two plans into an overall final document and assess the perspectives.
Step 7
Assess your business plan. Any novice entrepreneur can make his own business plan and evaluate it using analysis tools. Learn the basics of evaluating business performance and go all the way on your own.
