Defining Business Plan

Beschreibung

Mindmap am Defining Business Plan, erstellt von Roxy Bredikhina am 01/03/2013.
Roxy Bredikhina
Mindmap von Roxy Bredikhina, aktualisiert more than 1 year ago
Roxy Bredikhina
Erstellt von Roxy Bredikhina vor etwa 11 Jahre
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Zusammenfassung der Ressource

Defining Business Plan
  1. What is BP?
    1. Details how company will materialize
      1. Explains market and competition with evidence
        1. Explains why your team is right on capitalize this opportunity
          1. Typically 15-20 pages
            1. Owner's material for company
            2. Why to write BP?
              1. helps to look at business critically
                1. Helps to focus ideas
                  1. feasibility study of firm's growth and success
                    1. Operational tool
                      1. Company's present status
                        1. Future opportunities
                        2. Helps manage the business
                          1. serves as a strong communication tool for biz
                            1. provides the basic for your fin proposal
                            2. Advantages and disadvantages of BP
                              1. Advantages
                                1. Yardstick to manage performance
                                  1. starting point for fin, dev and marketing
                                    1. demonstrates focus and plan for profits
                                      1. connects all the elements of company
                                        1. assist in attracting management and employees
                                          1. greatly improves fundraising ability
                                          2. Disadvantages
                                            1. requires solid research and thought
                                              1. must stand up criticism and challenges
                                              2. needs regular, recurring updates
                                                1. demands acceptance by management team
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