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Preparing for a Sure Business Plan

Posted by Mikky Webs on November 20, 2009 at 5:52am
Click here to read the main articleThis will certainly interest you if you are writing a business projection/proposal.Before getting into business one should ask a warm up questions like:1. What is the type of business?2. How will I be classified?3. What is the purpose of this plan?4. Who are our target audience?5. How can we use the plan to advance?6. What market need are we satisfying?7. How is my approach better than existing products and services?8. My time table to get my offering to the marketplace.Click here to read the main articleTIPSBe sure of these tips if you are writing a business projection/proposal.1. Approach to be market driven rather than products driven.Investors are only interested on how the product will be received in the market.2. Quality is the competition.3. Present your distribution plan to the targeted audience.4. Exploit you company uniqueness. (Like traded secret)5. Emphasis to be on management strength.6. Present attractive projections – be realistic in you market data.7. Show possible funding source because banks interest always lies on stability, security, cash flow coverage & fund return8. Close with a bang – drive home your points that you are offering a good deal.“Until you are able to say where your money goes you are not qualified to handle money”Click here to read the main articleA MUST HAVE FOR ENTREPRENEURS1. Intelligent, brilliant and has potentials2. Has a forward looking disposition towards the market prospects3. Believe God is more or his side than with anyone else4. Is faced by the twin evil of poor basic infrastructures, small or no capital.5. Is not attuned to borrowing to leverage.6. May or may not keep adequate recordsClick here to read the main articleSCHEMES FOR THE ENTERPRENEURSThe scheme are mostly credit orientated a few offer capacity building/ training and infrastructure development for entrepreneurs. Some are for export while some are in form of tax incentives owned by state, federal government Private Sector foreign agencies, non governmental organization; schemes for groups, individuals, firms etc. Micro Credit approaches are adopted in certain cases a general problem of poor access to the schemesClick here to read the main article
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