How do I develop my business plan?
www biofranca.co.ke
www biofranca.co.ke
There are various resources on the internet that explain how to do a business plan. I would suggest you use the lean canvas method. The old style business plan is too long, no one wants to read them and they are usually outdated as soon as they are completed.
Lean canvas is a modern approach to business planning preferred by many VCs. We used to call it a 1-Sheet. VCs are in the game of making massive returns on investments sometimes 100x or more. Trust their knowledge and use a modern business planning approach.
First of all what kind of business do you have in mind? If you don't have any business in mind feel free to use the post answer box to reply, I'm willing to help you.
Develop a marketing plan. Please see the suggestions at the following question here on Micro Mentor that may be useful: https://www.micromentor.org/question/4871
To develop a business plan you can use the guide below; 1. Business Name 2. Product/Service 3. Vison and Mission statement (s) 4. Product/Service Description 5.Customer Segment 6. Market research and marketing strategies 7. Finances (Income, sales profit/loss margins) 8.Future projections (Expansion/exit strategies) 9. Appendix