What are the factors to consider when writing a business plan

[Ayokex]

There are format and guidelines to be considered when writing a business plan. Business plan must include some important segments which will explain everything about the proposed business. Your executive summary must give the full explanation of your entire business plan.

 

[Fizzy_boi]

Before I say anything i will like to go with some bookkon business principles that we should all read like the books by Donald Trump's and Robert kiyosarki .You need to build your business bon strong holds .

 

[Chibson]

Business plan is very important for any business man or woman who wants to succeed in business. There are several factors to consider when writing a business plan. A well-written business plan will surely you make the business succeed. Some of the factors to consider when writing a business plan is; the needs of your customers, the kind of employees you want.
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There are several factors you need to consider when writing a business plan. first of all you must understand the kind of business you are going into how you are going to make it very successful in the long run.

 

[Sheyemanu]

Well, in reply to your question in the above post concerning the things to consider when writing a business plan, well first of all, you need to consider your target market, also you need to consider raising capital because it is important

 

[eLdavis]

The capital should be no1. Your plans should be based on what you can afford. Your plans should also be based on the kind of audience you are trying to attract. And of cause your location matters too

 

[cowantussie]

Here's what's important to consider when writing your business plan.
Executive summary.
Company description.
Market analysis and opportunity.
Competitive analysis.
Execution plan: operations, development, management.
Marketing plan.
Financial history and projections.

 

[tyrim88]

The things you need to consider in a business plan,is the need of the products or services by the targeted customers,then how to bring out a good and product that would be acceptable,then pricing and a good customer aqusition strategy couple with the finance to push up the business into action.

 

[Ayokex]

I want to write a business plan but is there any factors I should consider before preparing my business plan?

Before anyone start to prepare a business plan at all, such a person must sit down and think where and who is going to access such a business plan. You must consider the purpose for which you are writing it. Let the business plan speak the volume of your business even when you're not present in person to say anything.

 

[Sotherefore]

important factors we all need to consider when we are writing a business plan is the location in which the business will be located,another thing should be the budget and how you can manage the budget to fit into your business plan.

 

[Setfragil]

Business plan is very good as it helps the business to know how it operations will be run successfully. You must include the available capital to be invested in the business, the types of the business, the numbers of employees and the location of the business.

 

[Sotherefore]

When you're writing a business plan it is always advisable for you to consider the amount of money that will be necessary to start up and set up the business to a standard one,then you also need to consider what people will be expecting from you as a business organisation.

 

[Delight]

Most important factors when I am writing a business plan will be the amount of money that is needed to run the business, followed by the number of people I am going to employed, the location also might be another thing is I need to consider very important.

 

[Sotherefore]

When I am writing a business plan ,one of the things I consider first before starting is the amount of money I have to establish the business, also followed by the location in which the business will be located, what will be the means of my transportation of my product to a location that is needed most ? Those are the things I consider.

 

[Senator]

The factors to consider when writing a business plan is that, the business plan in all it's entirety must be very concise and we'll articulated without any ambiguity to understand it's layout

 

[Ralphjoe]

The first part is, of course, the description of the business with a hint of where the business office will be. The type of business if it is entrepreneur, partnership or corporation follows next. The simple description of the operation from the source to the end. You also need to specify the estimated capitalization so that it is easy to determine how big the business is. There are many more but you have to fully understand the business so you will know what to add in your business plan like the market and the source of supply.

I couldn't agree more with you on the way you have really simplified what a business plan it's actually all about and the fact that you rightly dealt with the business location and the kind of business that it is is quite correct and the fact that the business operation would be considered next makes it very interesting as a business plan.

 

[Chibson]

There are several factors you need to consider before writing a business plan. First of all you must consider your financial capacity and assess the level of knowledge you have.

 

[Josephjossy]

For you to start writing a business plan. You need to first have a good knowledge of the business you want to go into. You need to know the money involve in starting and running the business you need to know the terms and conditions if the business

 

[Alexandoy]

For you to start writing a business plan. You need to first have a good knowledge of the business you want to go into. You need to know the money involve in starting and running the business you need to know the terms and conditions if the business

The knowledge in the business that is planned for a start up will always be lacking. That is the main reason why a start up would require a thorough research to have a more complete knowledge that would help when the business starts the operation.

 

[Ralphjoe]

There are several factors you need to consider before writing a business plan. First of all you must consider your financial capacity and assess the level of knowledge you have.

There is a need for everyone that want to start a business so carefully articulate a great business plans that take several variables into consideration so that when the business start it can become actually successful without it having anything that will take it of guard.

 

[Setfragil]

When writing a business plan, you need to consider your financial strength and the size of the business that you want to establish. You should also put into into consideration the types of business and the numbers of staff strength that you intend to start the business with.