Business Plan Detailed Explanation (2nd Edition)

Author: (English) Statley / Xiong Xiaowen
Publisher:
Publish Date: 2005-01-01
Features: Planning should precede execution; planning is the core of leadership; Effective goal design can greatly enhance competitiveness; planning is a high-return task, worthy of meticulous effort. Why have a business plan? The four major goals of a business plan; the ten steps of a business plan; business plan examples. Seeking financing through a business plan; discovering competitive advantages through a business plan; determining business strategy through a business plan; numbers, profits, risks, implementation, and more. This book is an excellent guide for practical life and problem-solving, drawing its experience from various fields of the business world. These techniques have been proven to be effective, including: how to quickly complete a business plan; how to adopt a more acceptable expression; how to structure the analytical reasoning process of the plan. All these ideas and examples are designed to help you analyze a specific organization and create a wise and well-thought-out business plan. The knowledge, insights, and tips in this book will demonstrate what to focus on in others' plans. Additionally, the book will tirelessly explain how to gain others' approval for your plan, how to secure financial support for your brilliant ideas, and how to use your plan to guide business operations. In short, the book will tell you how to: evaluate the current state of a business, including operational skills, resource conditions, market, and competitive status; determine future aspirations, business mission, values, core objectives, and specific operational goals; develop strategic and operational business plans; conduct financial forecasts, cash flow planning, and business budgets; integrate the above components to create a well-crafted business plan; decide what type of funding is needed; clarify sources of funding when facing surplus resources or financial shortages; evaluate a business and estimate the profitability of an investment; obtain necessary support and financial funding; use the business plan to successfully and effectively operate the business. This book is suitable for both beginners in the business world and experienced entrepreneurs.