smallbusiness
DESCRIPTION
TRANSCRIPT
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TITL
E: SM
ALL B
USINES
S
ESTA
BLISHM
ENT
BU
SI N
ES
S P
L AN
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BUSINESS PLAN
What is Business Plan? (1)
It is basically a written document that communicate to your Bank, your investors, your friends , your family members.
It clearly outlines your vision, your goals and your objectives.
Your Story!
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WHAT IS BUSINESS PLAN? (1)
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BUSINESS PLAN:
What is Business Plan? (2)
A set of the objectives of a business, the strategy and tactics planned to achieve them, and the expected profits, usually over a period of three to ten years .
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IDEA: I WANT TO ESTABLISH MY OWN COMPANY
CPI
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1-Summary of company Goals and Objectives
2-Curriculum Vitae (CV)
3- Products and Services
4- Marketing plan
5- Operational Plan
6- Management
7- Financial Plan
8-Attachments
PLAN
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COMPANY DESCRIPTION
Objectives1
Objectives2 Goals
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SMART OBJECTIVES.A simple acronym used to set objectives is called SMART stands for:
1. Specific – Objectives should specify what they want to achieve.2. Measurable – You should be able to measure whether you are meeting the objectives or not.3. Achievable - Are the objectives you set, achievable and attainable?4. Realistic – Can you realistically achieve the objectives with the resources you have?5. Time – When do you want to achieve the set objectives?
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SWOT ANALYSIS
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SWOT ANALYSIS
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C.V
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PRODUCT AND SERVICES
P
Is there a real need for the product or
service to be provided
What is unique
about the product or service?
What will be the channels
of distribution?
Who is the target
customer?
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MARKETING PLAN
•Who are they?•Who are your competitors?
•Which strategy to use?
•What is special ?
•What will it do for customers?
•Why?/•How?
Market Research Product
CustomersCompetitio
nStrategy
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OPERATIONAL PLAN
Production
LocationLegal
environment
Inventory
Suppliers
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FINANCIAL PLAN
Start-up costs
Monthly costs
Monthly income
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FINANCIAL PLAN
• Start-up costs
• Monthly costs
• Monthly income
• Balance
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QUESTIONS &
ANSWER
S