Before starting a business you should calculate with excel whether your business plan is feasible or not.
The key point of Business Plan analyzing
- SWOT (strengths, weaknesses, opportunities, and threats)
- Strategy (Factor/ Strategy)
- Timeline (Phase/ timeline)
- Activities Plan (starting time, ending time, responsibilities, budgets)
- Target Market (Market or industry/ customer acquisitions)
- Time-base (customer based account or user/ quarterly time frame)
- TAM, SAM, SOM analysis
- Major Assumptions
- Loan or liabilities repayment schedule
- Marketing Expense (media name/ quarterly progress and expenses)
- Total Business Operation cost (fields/ quarterly expenses)
- Revenue Projections (service or products/ quarterly time frame)
- revenue Projection from other sources
- Projected income statements (Yearly income / yearly expenses)
- cash flow statements
- Quarterly receivable and payable
- Overall Profit or loss calculations
- Exit Plan
If you have a business idea then you definitely do a business plan for setup a startup. In this blog, I will guide you on how to do a business plan for a startup.
For making a business plan you can start it with MS office.
MS Word and Excel and PowerPoint are required. For doing a business plan it is mandatory to analyze your data and plan for a specific area geological fact business plan is very much important.
This blog is for those who want to build their own business plan and strategies. If you are with me then you will be able to make your business plans and strategies. But at the end of everything, nothing can bit experienced. Experience professionals are definitely making better business plans and strategies.
One last voice experiences are better than the business plan what is made by anyone except experiences business brilliants.
When I was in my Undergraduate school one of my teachers Dr Tabin Hasan said your phone call history can say your age, profession, and your mental maturity, and others.
Let's start with a new page.
No comments:
Post a Comment