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PROFESSIONAL STUDIES TOPIC- BUSINESS PLAN

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PROFESSIONAL STUDIES

TOPIC- BUSINESS PLAN

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A business plan is a formal statement of a set of business goals, the reasons they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals.

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Operations Business Plans

Growth

Feasibility

Strategic

Internal

Start-Up

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Start your business today

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Describes in detail how a new

business is going to achieve its goal.

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Layout of marketing, financial and operational viewpoint.

4-8

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A new business or to be accomplished.

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It entice a reader to take

the plan seriously and read on.

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Details about the business’s ownership and

legal status, including start-up information.

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Who your customers are? Their purchasing habits? Their buying cycle? etc.

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Investors must feel confident about your management

team.

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Include any documents that lend support.

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No nonsense list, Turns a good idea into viable

Come up with creative ways

To obtain investment funds

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Once the business plan is completed, it should

become an operational tool to measure the

success of the business.

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By Afzaal Ali, Assistant Director at International Islamic University Islamabad, Pakistan, updated on 08 August 2013, online available at: http://www.slideshare.net/afzaalali14/chapter-4-entrepreneurship. accessed on 05 March 2015

By BizcentralUSA, updated on 12 July 2010. online available at: http://www.slideshare.net/BizCentralUSA/business-plan-development-4735860. accessed on 05 March 2015

By Jeffgoldb, updated on 23 May 2011. online available at: http://www.slideshare.net/jeffgoldb/selling-your-business-presentation-030711. accessed on 05 March 2015

By Ryantmanurung, updated on 16 September 2013. online available at: http://www.slideshare.net/ryantmanurung/building-a-business-plan-26225497. accessed on 05 March 2015