What are the factors to consider when writing a business plan

[Kaffyfolla]

These aspects have to be considered in writing business plan:
Executive summary.
Company description.
Market analysis and opportunity.
Competitive analysis.
Execution plan: operations, development, management.
Marketing plan.
Financial history and projection

 

[Shigobad20201]

When writing a business plan , you must always thinks about the present condition of your organisation before thinking about the future , the decription of the market and also the market analysis .

 

[tyrim88]

There are lots of factors involved when writing a business plan,the technical input of the proposal,the structure of the organisation,the board as well as the team,the unique value proposition,financial forcast,how well one understand the market,etc.

 

[Shigobad20201]

The company description is very important when writing a business plan , and you must also list on how to analyse the opportunity coming your way , and marketing plan is also very important.

These aspects have to be considered in writing business plan:
Executive summary.
Company description.
Market analysis and opportunity.
Competitive analysis.
Execution plan: operations, development, management.
Marketing plan.
Financial history and projection

 

[Syldan]

Some of the factors to be always consider in writing down business plans include the availability of capital, the location of the business and what kind of service will be provided and to whom is it to be provided.

 

[Ononivami1]

The location of the business should be taken very seriously because , a business with a very good plans but with a bad location May not succeed. The location of the business is very important .

 

[Sotherefore]

Generally you cannot write a business plan alone , you will need some sort of experts to help you and guide you on how to write a good business plan. You could decide to consider the amount of money you have and also the size of the company and the location.

 

[Ononivami1]

Considering the risk factor of starting a business , you must try and make a thorough research of using the available resources and reduce the cost of your business start up,

You are very correct and perhaps I will take this point as the most important factor that is needed in any business. Don't always look at the profitability of the business. Always look at the risk involved too.

 

[Setho]

Whenever you want to create your business plan it is very important that you should capture the following. The business plan should contain what your business is all about and your vision statement together with your mission statement. It should contain the initial capital in which you require to start the business and also the people who are going to be involved.

 

[Shigobad20201]

Looking at the risk involved in the business before starting the business I very important because you would have prepare a possible solution for each of the problems in the future

You are very correct and perhaps I will take this point as the most important factor that is needed in any business. Don't always look at the profitability of the business. Always look at the risk involved too.

 

[Ononivami1]

Looking at the risk involved in the business before starting the business I very important because you would have prepare a possible solution for each of the problems in the future

The risk management will come into play once you can analyse the possible risk that is involved in a business. I prefer to explore the risk in a business before starting up.

 

[Shigobad20201]

The risk management will come into play once you can analyse the possible risk that is involved in a business. I prefer to explore the risk in a business before starting up.

That's the exact reason why you need to make a research when writing your business plan in order to know all the loopholes involves in th business and find a solution to it before starting.

 

[Ononivami1]

That's the exact reason why you need to make a research when writing your business plan in order to know all the loopholes involves in th business and find a solution to it before starting.

Sometimes, it is better to look at the negatives in the business rather than the profit and that's the mistake that most of us do. It is very pathetic that we tend to forget this.

 

[Shigobad20201]

You are right , the best thing is to look at the problems you are facing or the one you might be encountering in the future and try to find a lasting solution to the problem.

Sometimes, it is better to look at the negatives in the business rather than the profit and that's the mistake that most of us do. It is very pathetic that we tend to forget this.

 

[Setho]

You should consider everything that is going to be relevant to investors whenever you are starting a business and you want to create a business plan . This is going to include things like the initial capital you are starting and how much you expect to be able to make within two or three years.

 

[Ononivami1]

You are right , the best thing is to look at the problems you are facing or the one you might be encountering in the future and try to find a lasting solution to the problem.

Getting to the root of the problem is very important because it will help you to get rid of the problems once and for all. That's definitely the best thing to do , instead of beating around the bush.

 

[Syldan]

Before starting out your business plans is expected of you to know which perspective you want your business to be, The funding issue, location and the management of the business most be considered.

 

[Ononivami1]

The location should be considered first in the business plan. A good business plan with very bad location would amount to total failure. So, the business location play a very important role.

 

[Setho]

When you are writing a business plan, you should consider every possible thing that can be able to affect the business in the future. This is going to include things like the management staff at the moment and the amount of capital that you are starting and what you project for in the future.

 

[Shigobad20201]

I quite understand you that location is a very important aspect of a business, for the survival of the business , but what about the money needed to start the business .

The location should be considered first in the business plan. A good business plan with very bad location would amount to total failure. So, the business location play a very important role.