Your business plan is a
reflection of you so make sure it is up to the mark. It is the first step to
get your ideas known to the world. If you are looking for funding or investors,
having an efficient and effective Business Plan that conveys your message saves
your energy and makes your life easier. The following points are needed in
order to create a business plan that not only fits your needs but the
requirements of the investors.
For the First Part, 5 Key points
are listed in which your Business Plan will surely be a WINNER!
1.
Executive Summary
§
The executive summary is the primary part of the
business plan. You need to start by giving a brief explanation of:
·
What your company does?
·
What it aims to achieve?
·
How it will accomplish its goals?
§
In a concise manner, describe the unique
attributes of your company that will lead to its success and provide an outline
of your financial projection for the next 3 years. This will entice the readers
and enhance their trust towards your company
2.
Company Overview
§
Provide a brief history of your company.
You will answer the following questions listed below:
·
How it started?
·
Why was it established?
·
When did it come into existence?
·
How was the organization formed?
·
What type of legal entity is your
company?
·
What are your accomplishments or what do
you intend to accomplish?
3.
Industry Analysis
§
This particular section includes two sub-sections
which are listed below.
·
Market Overview
§
In this part, the size and characteristics of the
market will be discussed
§
Sectors in the market
§
Market trends
·
Market Size
§
Taking into account the market share, the section
on market size includes the projected annual revenue of your company,
§
The number of customers you are targeting,
§
The sum of services you are offering
§
The amount of money that the clients are willing
to spend
4.
Customer Analysis
§
This particular section included two sub-sections
which are listed below.
·
Target Customers
§
Containing current and intended client base
§
Discussing the demographic data
§
Age
§
Gender
§
Geography
· Salary
· Education
· Status (Married or Single)
·
Customer Requirements
§
You need to stipulate why the clients will choose
your products or services
§
What is your company providing which the other
companies do not have
§
What are the consumers focus on
§
How to get their attention
5.
Competitive
Analysis
§
This particular section includes three
sub-sections which are listed below.
·
Direct Competitors
§
Provide an outline of your direct competitors
§
Analyze their strengths and weaknesses
§
Highlight the main aspects that make you stand out
or different
§
Indirect
Competitors
·
Provide an outline of your indirect competitors
·
Analyze their strengths and weaknesses
·
Highlight the main aspects that make you stand out
or different
§
Competitive
Advantage
· Identify the factors that will make you effectually
compete against the direct and competitors
·
Define certain points that showcases your leverage
over the competitors
·
Highlight positive elements when customers choose
your products or service
To know more about our all services, call us on 056-9173311 or leave an inquiry on info@writers.ae
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