Business Plan

here is a simple guide to making an effective business plan

Posted by michelle G.

About

If you are looking into starting your own business, or getting a loan to start or even funding.

Here is one way to complete your business plan:

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You Will Need (4 things)

  • Computer
  • Ms Word Computer Program
  • Paper
  • Printer

Steps (8 steps, 180 minutes)

  1. 1

    first a computer program; like word or indesign to type up your your document

  2. 2

    then use this as a outline or basic elements to include

    TOMBSTONE- Name, address and contact of your busniess

    STRUCTURE OF BUSINESS- sole proprietorship, limited, parternship

    PRODUCT/SERVICES- what will you be offering

    LOCATION- where you are offering services

    STATUS TO DATE- what you have completed

    INDUSTRY KNOWLEGE- research

    GOALS- short amd long term

  3. 3

    I started mine with making a header

    using the name of my company
    the address
    and my web contacts(webpage/email)

  4. 4

    then using the guide lines I started to write my concept

    I started mine with About the company

    I bolded he header, and used 14 size font) to make it stand out from the other text

    Talk about your company, what you are offering, who is in the company, pricing, target demographic

  5. 5

    Next ADVERTISING

    talk about your advertising plans, are you using the internet? social media? making flyers

  6. 6

    next STATUS TO DATE

    write about contacts you have made in your community, equipment you have bought, items you have sold

  7. 7

    now its Indusrty Knowlege

    this is about your competitors, the demand for your product, any issues you may have to face

  8. 8

    and last your Business Goals

    write your short term goals
    what you expect or want to happen in the next year

    and your long term goals,
    what you want to happen in the next 5 years