Thanks to anyone who will help?
2007-01-13 17:56:51 · 7 answers · asked by bond007 2 in Business & Finance ➔ Small Business
You can buy business plans for most start up businesses for around $100. You can also take a college class on how to write one.
The link below is one example of the information you'll need to include or you can "google": writing a business plan
They need to be fairly comprehensive. Complete enough so the reader, when finished, knows exactly what you are going to do, and how you're going to do it. Done correctly you stand a greater chance of success than someone who either doesn't have a plan, or has a poorly conceived plan. They're worth the time, energy and money.
2007-01-13 18:11:29 · answer #1 · answered by Sarge1572 5 · 0⤊ 0⤋
In making a business plan for new venture one needs to consider following 4 steps .
Business Concept defined
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what is the purpose of the business? what an entrepreneur want to accomplish with the business?
Product - Market Sumarry :
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Product research :Is product or service feasible ?Realistic
Market Research: who will buy ? where r they ? what niche ? what compitior exist ?
Financial Planning :
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Finicial Projection : what cash is needed? how will income be generated ? what expenses are expected ? what is invested? borrowed ? what is needed to meet operating requirements ?
Pre-start Up implementation
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Getting ready to start : The entrepreneur must find resources , purchse begining inventory , hire those needed at start-up , and obtain necessary licenses , permit , leases , facilities & equipment.
2007-01-13 18:17:25 · answer #2 · answered by MatriX 2 · 2⤊ 0⤋
Insurance and workers Compensation,make sure you have enough money to pay the bills for the first 3 to 6 months and if you have employees also make sure you have enough money to pay them also for about 3 to 6 months.
2007-01-13 18:08:37 · answer #3 · answered by Big Boy 5 · 0⤊ 0⤋
Where are you going to get the money to live on while your business is starting up?
How much debt will you incurr?
How fast will you be able to pay it down?
2007-01-13 18:01:12 · answer #4 · answered by Cattlemanbob 4 · 0⤊ 0⤋
Mission statement. Why your product or service will be successful.
2007-01-13 18:04:44 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Have a good concept. One that you know will make money.
2007-01-13 17:59:46 · answer #6 · answered by Brownie-Girl 3 · 0⤊ 0⤋
You always want to be able to accept credit cards..............
2007-01-13 18:00:38 · answer #7 · answered by Anonymous · 0⤊ 0⤋