Corporate Training Human Resource
Business plan: step by step movement.
August 24, 2020
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A business plan is a written description of your business’s future, a document that tells what you plan to do and how you plan to do it. If you jot down a paragraph on the back of an envelope describing your business strategy, you’ve written a plan or at least the germ of one. Business plans are inherently strategic.

What are the three main purposes of a business plan?
Establish a business focus. The primary purpose of a business plan is to establish your plans for the future. …
Secure funding. …
Attract executives.

A business plan is a written description of your business’s future, a document that tells what you plan to do and how you plan to do it. If you jot down a paragraph on the back of an envelope describing your business strategy, you’ve written a plan or at least the germ of one.

I must share two things here…..

1/ Business plan ( digital plan also) increases the possibility by 66% into reality.

2/ Written document raises up the productive output by 500% in real life.

Business plans are inherently strategic. You start here, today, with certain resources and abilities. And you want to get there, a point in the future (usually three to five years out), at which time your business will have a different set of resources and abilities as well as greater profitability and increased assets. Your plan shows how you will get from here to there.

So, here are seven steps for writing a perfect business plan.

Research, research, research. …
Determine the purpose of your plan. …
Create a company profile. …
Document all aspects of your business. …
Have a strategic marketing plan in place. …
Make it adaptable based on your audience. …
Explain why you care

About author

Dr Shailesh Thaker

Dr. Shailesh Thaker is a world-renowned management thinker and trainer on organizational behavior and development. He is the CLO of Knowledge Plus Inc., a highly reputed training firm based in Ahmedabad, India, helping organizations to achieve international benchmarks in management practices.

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