Wednesday, July 1, 2009
Tuesday, June 30, 2009
Tuesday, July 22, 2008
3.0 Background of the Business
On this part you will give all the information about the business background. Click here for example of the background of business. Some of the item you will only fill when you finish on the financial part.
Monday, July 14, 2008
Sunday, July 13, 2008
Business Plan Objectives
2.0 BP Objectives
For objective part, the usual reason that listed in preparing BP is;
1. To explain in written form of your business idea to get the financial loan.
2. as a proof that business can be set-up (resources, management preferences)
3. As Your guideline/milestone of your business management (POLC)
4. BP as tool to forecast the possibility of problem/s in future and minimize risks.
FYI, POLC stand for management functions -Planing, Organizing, Leading and Controlling. When you send BP to bankers, they usually prefer for the summarized BP. (You Keep The Full version for yourself).
For objective part, the usual reason that listed in preparing BP is;
1. To explain in written form of your business idea to get the financial loan.
2. as a proof that business can be set-up (resources, management preferences)
3. As Your guideline/milestone of your business management (POLC)
4. BP as tool to forecast the possibility of problem/s in future and minimize risks.
FYI, POLC stand for management functions -Planing, Organizing, Leading and Controlling. When you send BP to bankers, they usually prefer for the summarized BP. (You Keep The Full version for yourself).
Subscribe to:
Posts (Atom)
