How to write a business plan

Starting a business always requires preparation and planning are not enough. And the main planning tool is the business plan. Of course, the ideal option is to turn to professionals. They know exactly how to write a business plan. But finances do not always allow for this. Therefore, those who decided to start their own business without the help of professionals, often wonder: “How to write a business plan?” After all, if you make it bad, it would hamper the ability normal operation of the enterprise and can become an obstacle to attracting investors and obtaining credit.

In the end, it is very difficult to thoroughly solve the question of how to write a business plan. So let's focus on what really matters – its structure and content.

Title page. Here is written that the name of the company address of registered office phone numbers, the overall structure.

Industry Analysis. For more clarity, consider this paragraph from the perspective of the question: “How to write a business plan cafe?” For starters, it is important to analyze the characteristics of supply and demand, to understand the characteristic of market trends and to predict possible ways of its development. It is also necessary to identify competitors, which can be as karaoke bars and small coffee shops, and well-known franchise network. To compile a list of potential competitors, it is necessary to pay attention not only to the similarity of the assortments, but also on the geographical location of the institutions, as well as their pricing policy.

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Recruitment. Before doing the recruiting, you need to clearly define the management structure of the firm and to prescribe the duties of each of its future employees.

Finance. Expenses, income, fines, costs, production costs and other indicators prescribed in this section. You need a clear and simple way to list all cash transactions. It should be taken seriously and to paint every penny. Don't forget to reveal the mechanisms of return on investment and tell you about the payback period.

Production. Speaking about how to write a business plan, not to mention  the procedures required the firm to provide services or manufacture products. This section has all the details of paint manufacturing process and contain information on providers, equipment, sizes and styles used by  spaces.

Marketing. everything that has to do with the promotion of goods (services), its advertisement and the expected results.

Introduction. Many will wonder why this item is worth at the end. In fact, it must be the second, immediately following the title page, but to fill it it is necessary only after the business plan is completely made up. Briefly describe your entire business. It would be appropriate to write about what will deal with the company, disclose the idea to describe the mechanisms of sales and anticipated profit, but also about payback, and return on investments.

I Hope my article answered the question: “How to write a business plan?”

Good Luck in business!