What makes up a business plan?

[Folaham]

BUSINESS PLAN: Structure and content

1. Nature of the business: (product and services, customer, consumer)
2. key people; (key people who works in the business)
3. sales plan; (customer, demand, pricing, reaching customer)
4. profit and loss forecast; (gross profit-overheads)
5. cash flow forecast; (total receipt-total payment)
6. capital expenditure; (items, cost, date, payment method)
7. stock level; (raw materials, work in progress, finished goods)
8. financial base; (how company is funded)
9. management information system; (how records will be maintained)
10. opening balance sheet;

we should not that above is the business plan structure. i will drop the business plan processes later

 

[Noor khan]

Before a business can be establish there is must be a proper plan for the business in which to run it successfully.
Therefore, there many components of business plan that must be considered when we are making a plan for business, the components are: budget, goals/objectives, product/service, price, location, target customer etc.

creating a business plan is one of the important stage of running a business. As a new business is created, you need to take a strong decision on how to make the business. and also think about things the business can need in order to succeed. Many entrepreneurs may see putting a business plan together as a daunting task involving hundreds of pages. However, in reality, it should be a concise and structured document that gives readers everything they need to assess your company's project. There's no one guaranteed formula for writing an effective business plan

 

[Ridorz]

creating a business plan is one of the important stage of running a business. As a new business is created, you need to take a strong decision on how to make the business. and also think about things the business can need in order to succeed. Many entrepreneurs may see putting a business plan together as a daunting task involving hundreds of pages. However, in reality, it should be a concise and structured document that gives readers everything they need to assess your company's project. There's no one guaranteed formula for writing an effective business plan

Yes, you say well. Plan is very important in a Business because plan is like a foundation of a house, if there is no strong plan for a business there's no how it will not collapse. But if there is proper plan for a business and the business practitioner follow the strategy definitely the business will succeed.

 

[joy101]

What makes a business planning, is the capital use to start up business because without capital there is no business plan, so capital is the pillar of business, and also the location where you can run the business they all your business plan.
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What makes a business planning, is the capital use to start up business because without capital there is no business plan, so capital is the pillar of business, and also the location where you can run the business they all your business plan.

 

[Adeyoola7]

The nature of your business, and the needs or demands you plan to supply. An overview of your products/services, customers, and suppliers. A summary of company growth, including financial or market highlights. A summary of your short- and long-term business goals, and how you plan to make a profit.

 

[Janita]

Creating business plans before starting business is really important.
Those who has planned before starting business are now going well because they had already planned and decided what to do.
I will never ever take a start of doing business untill I am not planned properly that what amount of capital I will need to start the business that I had been decided.
So I will must plane for everything.

 

[zenith]

Some of the components I know that make up a business plan includes how how you intend to raise money for the business,marketing plan,what you will produce,your target buyers,how much you intend to sell and make profit and the production process.these are the ones I know maybe there others but you can still search online to get more details.

 

[joy101]

There are a lot of factors that can hinder one from saving money, excesses of spending can hinder one not to save, buying clothes also can hinder too, but I don't say that buying clothes is bad, but someone need have budget on how to spend.

 

[JamoPosh]

Business plans has alot it entails to make It whole. Making in-depth findings about the business itself, if it require a space then it cost also facilities to use to carry out necessary work load. Then employers needed to cover some space and carry out there specific operatios. Resources or material needed needs to put into consideration as well.

 

[Lyrrex]

Concerning what makes up a business plan. Well, I will say that your fulfillment to succeed in that business is what makes up a plan for it. An individual is expected to make or draft out plans for his business so as to acknowledge when the business is failing or growing, there is a saying that "if you fail to plan, you plan to fail". Your plan is like a guideline to your way to success

 

[Read cash]

When we start a business we do it with forethought because if we start a business with forethought Because the people who start the business with understanding are the ones who succeed in the business. We have to think and walk every step of the way.

 

[Mandypaul]

A good business plan consist of a lot of things, it consists of all the requirement to start up a company ranging from the money to set up a company. It also contain the numbers of requirement and the needed machine to operate and run a successful business, that's it

 

[MarieArie]

Writing a business plan shouldn’t be complicated. In this step-by-step guide, I’ll show you how to quickly and easily write a business plan that will get the results you want. Don’t worry, you don’t have to have a business or accounting degree to put together a great business plan. This guide will show you how to get your plan done step-by-step without any of the complexity or frustration
[automerge]1612283689[/automerge]
Writing a business plan shouldn’t be complicated. In this step-by-step guide, I’ll show you how to quickly and easily write a business plan that will get the results you want. Don’t worry, you don’t have to have a business or accounting degree to put together a great business plan. This guide will show you how to get your plan done step-by-step without any of the complexity or frustration

 

[Hdre3m3n]

A good business plan undoubtedly shows the entrepreneur or business owner desire to win and be successful. His plans should also consist of how to face competitions or any other challenges in the future

 

[Neeta313]

First of all you need to look at the capital required in starting the business. That's like the very first step before venturing into any business. Another important thing is location. You need to look out for areas where you feel you will sell fast. Location plays a huge role on business, commercial areas are preferable to residential areas.

 

[Josemendez]

It's no doubt that before going into a business, creating a business plan is an essential stage in the process. As a new business entity, what do you think makes up a good business plan?, What are the components that makes up a good business plan

A business plan should have the following things ; a feasibility study showing how the business idea can be put into action,in order to achieve success .
It need to be able to solve a need in the society,in order to get market demand .

 

[Akinwale701]

creating a business plan is one of the important stage of running a business. As a new business is created, you need to take a strong decision on how to make the business. and also think about things the business can need in order to succeed. Many entrepreneurs may see putting a business plan together as a daunting task involving hundreds of pages. However, in reality, it should be a concise and structured document that gives readers everything they need to assess your company's project. There's no one guaranteed formula for writing an effective business plan

Business, plan as the name indicates highlight everything that has been set as the goals and objectives of a business. A business plans lists out how the goals of a business are to be achieved. Business plans is the result of business goals, this is to say that without business goals, there can't be business plans.

 

[Talibhussain074]

It's no doubt that before going into a business, creating a business plan is an essential stage in the process. As a new business entity, what do you think makes up a good business plan?, What are the components that makes up a good business plan

When we start any business, the main stage for running this business is a business plan. There are many main components of the business plan. These main components include table of contents, company background is seen as well as management overview and financial highlights. These components makes up a good business plan.

 

[mubinadaddy]

If you must succeed in your business you must try and draft a business plan in other to know what and what that should be in place and also know how much you will spend on the working capital and the rest and if it's difficult for you to sit down and write then you can pay a consultant to do the work for you in a professional way.

 

[Eyiteepraise]

A business should always come before starting the business. The business plan entails details of how you want your business to look like when you start it. It consists of a plan on how you want to beat off competitions, how to market your business easily and how to convince the people about what your products have to offer