Business Plan Proposal
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the first blow is half the battle! Having a strategy and being prepared is nowadays of vital importance to become successful in business. Nowadays the internet creates more transparency in markets, people learn quicker, which makes the current players more competitive. If you want to grow a business, you need to have a good business plan.
Besides this, if you are looking for investors in your current business, this Business Plan Proposal might inspire you to finish a plan faster.
By using this Business Plan Proposal, you will take a head start and you will see you will save time, increase your effectiveness and increase your chance to become successful.
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How large is your target market (in numbers and/or dollars spent) (research) Why do they need your product or service Will your product become obsolete with new technology Market Penetration Strategies – o What are you going to do to gain customers o How will you capture business from competitors o What type of image do you plan to project/brand o Is signage a part of your strategy o Is the Internet part of your marketing strategy and if so, how o Does your marketing include personal selling o Advertising Tell us about formal advertising or promotions that you will offer.. Owned or leased What type of lease What about traffic count, major roads, freeways, parking, sidewalks o Mississippi Department of Transportation has traffic counts on their website (http://mdot.ms.gov) Is this business convenient for the customer o Hours of operation Are there any environmental issues that need to be entertained What is the economic outlook (recession, recovery, growth) What is the outlook concerning governmental regulation Are there any social issues that have to be considered Description of the Product(s) What is to be developed or sold – Describe the product (this includes services) and the manner in which it is sold to customers..
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