Wednesday, May 12, 2010

Developing the Plan




Why write a business plan?


developing a good business plan can put you on the track of success, a business plan evolves your business like an out going strategy for turning your business idea into reality.


What to include in a business plan?


management team plan / company description / product and service plan /vision and mission statements / industry overview / market analysis / competitive analysis / marketing plan / operational plan / organizational plan / financial plan / growth plan / cover page / title page / table of contents / supporting documents

What are the key attributes needed to be successful and an entrepreneur?

Creative / Good leader / Good communicator / Hard worker / Persistent
Brainstorming
pizza sale / ice cream sale / hot dog sale / hamburger sale / ice cream sandwich sale / car wash / flower sale / water bottle sale / coffee sale / slushy sale
Hamburger sale
Positive-
Everyone loves hamburgers, easy to make, purchased for low amount of money so big profit
Negative-
Someone could get sick, might not sell as much as thought, might not have enough

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