Project Report On Business Plan
A business plan is essentially a written description of a business’s future.
Method of operation: When describing your business, the first thing you need to concentrate on is its structure, i.e., wholesale, retail, food service, manufacturing or service oriented.
Business plans usually look forward in time for a period of one to three years to a "planning horizon," which moves forward periodically with reviews and updates.
Business plans for different organizations will differ somewhat in content and structure, but most are designed to address two fundamental kinds of questions: Founders and owners typically develop an initial business plan before startup.
b) The second is the marketplace product, in which you describe and analyze potential customers: who and where they are, what makes them buy and so on. It should point out just exactly what will be sold, to whom and why the bushiness will hold a competitive advantage.4.
Here, you also describe the competition and how you’ll position yourself to beat it. The management team: A brief summary of the business team composition, special skills required to operate the proposed business successfully should be provided in the executive summary of the business plan.