How to write a successful business plan - Corpseedby CorpSeed Pvt Ltd Environment | Compliance | Finance
How to write a successful business plan? Good question ... To write a successful business plan you need to follow the rule of thumb, the rule of rules ... consistency.
In truth, the whole life of the company must be marked by consistency. A life marked by coherence means financing the assets in a conscious way, achieving the balance of revenues - costs without disproportionate amounts, regularly paying employees, suppliers, the State, etc.
In order to arrive at a coherent company it is necessary to program it and this activity passes from business planning, or from
In order to write a successful BP, you need to know how it stands out and what to write in each section. Usually there are two sections: a qualitative and a quantitative.
The qualitative section is the one dedicated to proposing the business idea and explaining the business model. It consists of subsections that we can distinguish as indicated below:
Section dedicated to the description of the project idea in a few bars. Many call it executive summary. For many it is the very essence of BP because it summarizes, usually in 400 characters, the whole document.
This section is very important because it outlines the possibility of success of the idea in relation to the proposing group. The above coherence finds substance in this sub-section because it requires that there be correspondence between the profile of the individual and the operational and managerial development of the company.
Therefore call to the companies of engineers lacking economists and technicians as well as economists who want to develop software without having the computer engineer!
Within this section, the choice of the legal vehicle through which one imagines living the entrepreneurial experience also plays an essential role. Especially today that the legislator has evolved and exploded the offer with many innovative and low cost forms.
With the section dedicated to the project idea, BP becomes operational. Here it is necessary to describe the origins, contents and motivations of the project idea. Highlighting above all the value proposed and alternative to the market, many call it the value proposition or the description of the value proposal that a company makes to the market and which originates in an unfulfilled or dormant or unknown need!
Each self-respecting business plan cannot disregard a competitive and, where possible, territorial reference analysis. The latter is the case of an idea with a strong territorial vocation that brings value from the introduction of a product / service in a new territory or which provides for the export of a product / service from a territory in which it has demonstrated success in one new.
The competitive analysis provides an in-depth analysis of the needs from which the business project derives and of the trends in progress in the reference sector. The analysis of supply and demand follows, competitors (where present) and, finally, the threats and opportunities that the external environment offers in relation to the product / service proposed and the consequent impacts of the idea on the existing competitive context. .
The section dedicated to the objectives of the project idea represents the core of the entire successful business plan. We refer to the qualitative and quantitative objectives that are intended to be achieved through the realization of the idea by highlighting objectively verifiable KPIs (Key Performance Indicators) of their achievement. In the information age, the indication of simple KPIs in the conceptualization and objective in the results can pave the way for the business plan of one's idea. In fact, the investor needs, in a few steps, to verify the operational and accounting feasibility of the initiative because the decision to contribute will tie to it.
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Created on Apr 4th 2020 05:51. Viewed 212 times.