Developing a business plan

Today I am going to study about "Developing a business plan".


The purpose and contents of business plans --- A business plan is a document setting out the business idea and showing how it is going to be financed , marketed and put into practice. For most of the entrepreneur,it is likely to be a crucial part of an attempt to raise finace from outside source such as bank.Whatever the heart of the business plan should be based around compitetive advantage.


The business plan should have :
1.Executive summary - the brife highlights of the report (like a plan to control that you make it before you do something)
2.Introduction of the product or the service
3.The market - need to know what dose the consumers want and the goal of your business also ways to increase sales...
4.Organisition -how to allocate the people work in your business
5.Financial- cashflow and forecast the bank balance also the cost ...
6.Conclution - the long term plan



PS:Tomorrow will continue on 'Developing business plan'