2. Purpose of Business Plan
Internal reason:
Forces the founding team to systematically think through every aspects
of their new venture.
External reason:
Communicates the merits of the new venture to the outsiders . It
provides a mechanism for young company to present itself to potential
investors, suppliers, business partners, bankers and others.
3. Model of Business Plan
Market Research
Business Model
Marketing Planning
Long Time Goals
Team Building
Development Strategy
Trend Analysis
Personal Resources
4. Market Research
Why conduct market research?
Understand your customers and their preferences (4 P’S)
Identify opportunities to grow and increase profits
Monitor the competition in your market
Interviews (either by telephone or face-to-face)
Surveys (online or by mail)
Collecting Data
5. Business Model
A business model is a company's plan for how it will
generate revenues and make a profit.
Key Partners
Key Activities
Key Resources
Value Proposition
Customer Relationships
Channels
Customer Segments
Cost Structure
Revenue Streamers
8. Long term Goals
Define your company vision
Define your personal vision
Know your business
Establish short-term goals
Outline strategies
Create an action plan
Review and modify regularly
Be Passionate
10. Development Strategy
Business Development Activities
Market Research
Competitive Analysis
Current Client Relations
Reach out to new clients
Networking Events
Enhancing the Public image
Website
Branding
Company Profile
Generic Company Brochure
Product Catalogues
Branded Folder
Branded CD’s
Customer testimonials
Press Releases
Office
11. Trend Analysis
Trend analysis is a mathematical technique that uses historical results to
predict future outcome.
Trend analysis is the process of comparing
business data over time to identify any consistent
results or trends. You can then develop a strategy
to respond to these trends in line with your
business goals.
12. Personal Resources
Personal and Team Resources
Your Product or Service
The Market Place for Your Product/Service
Sales and Marketing
Organizing and Legalizing Your Business
Making Budgets
13. Summary & Conclusion
According to previous dissuasion I Have added up brief
summary & conclusion for writing a Business Plan.
➢ Developing new technologies and products
➢ Be Precise for Market Stability
➢ Plan as per Market Demand
➢ Make SWAT Analysis
➢ Obtaining external financial support
➢ Managing mergers and acquisitions
➢ Arranging strategic alliances
➢ Building relationship with customers & Suppliers
➢ Attracting and retaining key Employees