Special Types of Business Plans

Special Types of Business Plans

Special Types of Business Plans : As it is known to start a business requires a well-thought-out business plan, you should take the time to gather as much business-related information as possible later, write down what comes to your mind, look for other information and data, what to include and what to include. , how to complete it and where you can find sources of information to develop a good business plan.

There are seven components in compiling a business plan (Business Plan), all of these parts are important, interrelated and interrelated in business planning activities so as to produce good preparation for starting a business. This time Wartawirausaha will briefly discuss how to make a simple business plan, of course, you can develop this concept as needed in order to find the most suitable and flexible concept.

In the second article, we also included a simple illustrative example of developing a business plan to create a marketplace site. The following are important components in drawing up a business plan.

1. Business Description Review

Here you should briefly describe what line of business you will run. is the potential of your product today and its possibilities in the future. Also provides information about market opportunities and product developments to survive and adapt to the existing market.

2. Marketing Strategy

The marketing strategy to be implemented must be the result of a careful market analysis. Market analysis is the power that you must use to create a target buyer, you must understand all aspects related to the market so that sales targets can be determined (where the product will you market).

3. Competitor Analysis

Competitor Analysis is used to find out the strengths and weaknesses of your competitors in the same market. After finding its strengths, then looking for a strategy to market the product in a different way from competitors. You should also look for strategies to prevent competitors from entering and copying the same strategy as yours.
Likewise weaknesses found, can be exploited by developing products that are better than your competitors.

4. Design and Development Plan

Design and development planning is needed to show the stages of product planning, development charts in the context of production and sales. This is useful for making a production cost budget plan that suits your needs.

5. Operational and Management Plan

Operational and management plans are created to describe how the business will run and be sustainable. The operational plan will focus on the company’s logistics needs, such as various tasks and responsibilities of the management team, assignment procedures between divisions within the company as well as budget and expenditure requirements related to company operations.

6. Financing

The financing factor becomes unimportant in a business plan. Where is the source of the funds, how to manage the budget to be efficient but still be able to operate all divisions within the company so that it runs smoothly.

7. Business Conclusion

Finally drawn up is the conclusion of the entire business plan framework. You can display the time schedule for each component to be worked on, the estimated time and other important things that will support all activities in starting a business.
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