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The process of preparing a detailed bussiness plan
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[QUOTE="Accurate, post: 230846, member: 72786"] The following are the process of preparing a detailed business plan of any given organization: Before writing a business plan, in depth research into the marketand industryis required, this is very required irrespective of whether you have previous experience I the industry or not, and the following sources will aid you greatly in your research work, it will enable3 you to have an understanding of forces and the dynamics of industry eh competitors in your business line, industry experts and associations, internet and suppliers Executive summary: This is the summary of the entire business plan and its not sopposed to exceed two pages. description of the company: its establishments its goals and objectives key success factors in the industry and industry analysis, growth rate and stage of growth. Vision and mission statement: it describes the kind of business you are into, the values and the principles of the business ventures. Financial plan: it describes the financial statement of the organization, it equally gives information about the loans and investments proposal for the company Location and layout: it gives informationabout demographic analysis of the locationof the business compared with that of the target customers. Appendices: it contains prices of information needed to documentation like the financial statement, resumes, supporting documents for market research organization charts etc. [/QUOTE]
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The process of preparing a detailed bussiness plan
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