Sunday, June 8, 2014

Business Plan

Writing a business plan is a must if you ever need borrow money from a bank, meet with government officials or other authorities.  Write a paragraph for each of these key terms. 
Key Terms 

Company Summary
Company Ownership
Start-up Summary
Assets
Cash Requirements
Liabilities and Capital
Loss  
Insurance
Company Locations and Facilities
Products and Services
Product and Service Description
Competitive Comparison
Sales Literature
Fulfillment
Technology
Future Products and Services
Market Analysis Summary
Target Market Segment Strategy
Market Needs
Market Trends
 Market Growth


Case Study

You are starting up a new 
company and you need to formulate a business plan for the bank. 
Pick an industry, and you are presenting your plan to the bank for a start-up loan. 

General Questions

How does your product compare with other companies in your industry. 
What will you emphasize in your sales literature? 
What is your market analayis comparison?
How much market share will you get?
Who is the competition and what are the buying patterns? 


Good luck with your business plan! 
Rachael Alice 







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