Dec 29, 2008
Why 70% of all businesses do not survive after one year? Why 65% of small businesses do not survive the 2nd generation? Are you unable to retain great staff? Why does it need not cost a bomb for the brand of your company?

Before embarking on any business, a good employer will have to "blue-print" win-win-win business and marketing strategies to ensure business continuity and growth.

This is the most important component of your business ... even before you begin. It provides the essential framework and blue print of your company in 6 sections, to chart their business objectives, marketing strategies, operations framework, organizational structure, financial viability and expansion of business or exit strategies.

There are many complex Planning Business Software sold in the market, what is needed depending on the scale of their business. A simple check list as follows is a good beginning for you to take advantage. One of the main benefits for developing its own business plan, either using the software business planning templates or developing their own, is that it helps to sharpen their thinking process in exploring the essence of his business.

BusinessFast4ward template business plan

1) with a time targets - measurable and achievable within a reasonable period of time

2) their marketing plan with a time
* Feasibility Studies - Porter 5 factors, PEST analysis, SWOT analysis, meta analysis of the segment Product Life cycle analysis, value proposition of the products, Competitive Advantage Model, addresses product growth, BCG Matrix
* Planning Market - Marketing Mix (4PS) strategy, Internet Marketing, Integrated Marketing Communication, Marketing Implementation Plan, plan marketing budget
* Monitor and review plan

3) Your Plan of Operations with a time
* The structure of the company, scope, regulatory issues, Plant and Equipment, Production Agreement, distribution and warehousing, credit terms, quality control, location, hours of opening for business, Start Date
* Stand Operating Procedures (SOP) for each business function
* To monitor and review the Plan

4) The Plan of Organization with a time
* Structure of the organization, necessary skills, talent management strategy, business succession plan
* To monitor and review the Plan

5) The financial viability plan with a time
* Statement of Financial Forecast, profitability analysis, plan capital expenditure, investments and expenditures, ways to raise $, $ additional source
* Financial Contingency Plan
* To monitor and review the Plan

6) Business strategies
* Succession planning business
* Exit strategies for business

It is important to note that an intelligent hand and Business Plan is the first step to solicit funds from Bankers Capital jointly or in case of need.

His new or existing business should be planned adoption of the broad-based on the consideration of sustainability, scalability and contingency. Sustainability implies the consideration of realistic sustainable longevity of the company. They also must plan well ahead for the growth of its business, ensuring that the business is expandable through the scalability, as the famous "LEGO" blocks. Contingency is the most neglected part of most companies, whether in unexpected man-made emergencies such as terrorism or natural disasters and catastrophes such as hurricanes, earthquakes and floods, or simply unexpected financial crisis.

Therefore, the golden rule to the drafting of a good business plan is to adopt a conservative approach in the planning of financial and human resources. However, they also learn to strike a balance and that permeate curious and innovative thinking in developing its business plan.

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