YRCs Business Plan writing services believe in hand-holding and guiding you at each crucial juncture, adhering to a focused process-oriented approach to enable you to carve your own success story.
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1. HOW TO MAKE A
BUSINESS PLAN?
Key Insights & Blueprint
2. 2
INDEX
S.No. Title Page No.
1.
What is a Business Plan?
3
2.
Why make a Business Plan?
4
3.
Things to consider while crafting a Business Plan
7
4.
Format of a good Business Plan
8
5.
Well-Defined Objective
10
6.
Business Plan Writing Experts
12
7.
Why YRC to make your Business Plan?
13
8.
Conclusion
14
3. 3
WHAT IS A BUSINESS PLAN?
A Business Plan can be defined as any document which identifies, describes, and analyses the
techno-economic and financial feasibility of a startup or an already existing business.
Simple Business plan examples:
Start-Up Business Plans
Internal Business Plans
Strategic Business Plans
Feasibility Business Plans
Operations Business Plans
Growth Business Plans
A well written business plan can:
Turn any business opportunity into a
viable project and,
Propel existing business entities into an
upward growth trajectory
Create and establish all processes and
strategies
Index
4. 4
Before creating an effective business plan, its vital to know
the compelling reasons to draft it.
For starters, establish a Business focus, Attract top & mid
level management team and Analyze the project viability.
WHY MAKE A BUSINESS PLAN?
Index
5. 5
The main objective of a business plan is
to put in place a future strategy. It
should incorporate goals or milestones,
with detailed steps explaining how to
reach each step.
WHY MAKE A BUSINESS PLAN?
Establish a business focus
Investors, banks,
Get funded
Investors look for a well-researched
business plan, before planning to invest to
understand the firms operations, crucially
how they will receive a return on their
investment.
Business expansion and a larger scale of
operations necessitate the recruitment
of top-quality talent. Thus, a well-
structured business plan helps to attract
executive talent.
A global business plan acts as a strategic
process guide that helps organizations
in making key business decisions in its
foray into international markets.
By studying a business plans financial
projections, strategies, and the overall
company description, shareholder or
analyst can assess the feasibility of the
business project.
Strategic business management and
planning facilitates the setting up of
overall business goals and consequently
developing a business plan to optimize
and achieve them.
Attract the Management team
Global analysis of Business Analyze the project viability Strategic Business Management
Index
6. 6
A business card is synonymous with the
identity of the business. It introduces the
business to potential stakeholders and
offers an insight into the business
WHY MAKE A BUSINESS PLAN?
Functions as Business Card
Investors, banks,
Business milestones
The business plan lays out the long-term
milestones and a step-wise plan of action
critical to the success of the business.
This part of the plan documents how the
business will earn money for potential
investors, i.e. its revenue model, its
assumptions, challenges, and approach.
Creating a business plan helps to define
the companys role in the marketplace
and also optimally position the brand to
potential customers, investors, and
partners.
If the current sales and operations arent
effective, one can rewrite and reposition
the business plan to redefine,
implement, and validate objectives, and
strategies.
The business is seen in a different light,
with new ideas being constantly
incubated concerning product/service
marketing and business management.
Revenue model
Brand Positioning Business Repositioning Unlocking new opportunities
Index
7. 7
The secrets to writing a successful business plan consist of asking and
addressing fundamental questions like:
Where do we want the business to evolve to?
Where you would like to see the business in the long term, i.e. the next five,
ten, or fifteen years?
Revenue and profit expectations for the future?
The number of employees to be hired?
How would business expansion occur?
Initially, it is ideal to start with a short-term plan applicable to a shorter period, i.e. a
year or so.
THINGS TO CONSIDER
Index
8. 8
Appearing at the start of the business
plan, this provides a brief description of
the companys mission statement and
products & services portfolio.
FORMAT OF A GOOD BUSINESS PLAN
1. Executive Summary
Investors, banks,
2. Company Description
This is an overview of the key aspects of
the business, including the company
history, goals, target clientele, and the
USPs of the business
The management segment of the plan
outlines the organizational structure,
staffing plan, and the management roles
and hierarchy
The operational part should clearly and
transparently describe the functioning of
the business, including the logistics and
operational side of the company.
A quantitative assessment of the state of
the market and industry, examines the
market size in terms of volume and
value, customer segments and buying
patterns.
This analyzes the business vis-a-vis its
direct and indirect competitors,
including their SWOT and may include
their current and potential product and
service development.
3. Management Plan
4. Operational Plan 5. Market Analysis 6. Competitor Analysis
Index
9. 9
It will showcase the marketing strategy,
where and how the business fits into the
market and how its products and
services will be priced and promoted.
FORMAT OF A GOOD BUSINESS PLAN
7. Marketing Plan
Investors, banks,
8. Sales Strategy
A sales strategy plan is the companys
masterplan for securing stable, long-term
revenues through the acquisition and
retention of new and existing customers.
This outlines the future funding
requirements and financial plans of a
company, usually for the next five years,
especially when writing a business plan
for a startup.
This key section shows anticipated revenue projections for the first 12 months and annual projected earnings for the
second, third, fourth, and fifth year of business.
The section should include a sales forecast, expenses budget, cash inflows and outlays, income statement, balance
sheet, and a profit and loss statement.
9. Funding requirements
10. Financial Projections
Index
10. 10
My brand uses short
sentences that demand
action: Lets go! , Lets
get started!
Our products have been
named after famous
comedians, so we use
these names to refer to
each of our items on
social media.
WELL-DEFINED OBJECTIVE
Writing a business plan for a startup: This involves the following activities: Developing the
goals of the startup, choosing the business entity to be incorporated, budgetary analysis,
regulatory compliance, with respective authorities for the start-up, risk analysis and
mitigation, and keeping a close watch on the startups activities.
Writing a Business Plan for Investors: Keeping potential investors in mind, we help create a
unique, personalized business plan specifically focusing on the investment opportunity and
funding goals, team overview, market opportunity, revenue model, target clientele, user
acquisition and marketing strategy, traction & company milestones.
Index
11. 11
My brand uses short
sentences that demand
action: Lets go! , Lets
get started!
Our products have been
named after famous
comedians, so we use
these names to refer to
each of our items on
social media.
WELL-DEFINED OBJECTIVE
SME Business Plan: Our business plan writing services for SMEs consist of creating the SMEs
business action plan and objectives, strategic advice for business scenarios and funding
options, and regulatory compliance advice.
Large Enterprise Business Plan: Here, our business plan proposal is all about shaping
business strategies, services, product diversification, and expansion strategy consulting.
Vertical Specialization: This implies focusing on a niche domain or business sector to boost
business development and project management workflows.
Retail & eCommerce Business Plans: Leveraging on our years of retail and eCommerce
expertise, we help in writing a successful business plan outlining the retail business roadmap
and its growth strategy.
Index
12. 12
Business plan writing experts shall analyze and review your business plan proposal in terms of:
Financials
Any creative ideas or action plan from you
Any other information
After freezing the terms of engagement, the format of business plan will essentially comprise:
Business Introduction
Executive Summary
Business Products backgrounder
Financial Projections & Budgeting
Final Business Plan
BUSINESS PLAN WRITING EXPERTS
Index
13. 13
To prepare a Business Plan, the proposal has to be an agile, continually evolving
operational document that can adapt to ever-changing business, customer, and market
needs
YRCs Business Plan writing services believe in hand-holding and guiding you at each
crucial juncture, adhering to a focused process-oriented approach to enable you to
carve your own success story.
To tap into new age growth opportunities and realize the true power of your business
potential, reach out to YRCs business plan writers today and embark on your journey to
success.
Your Retail Coach (YRC), is a retail management
and finance consulting company with a proven
track record to help you in writing a successful
business plan every step of the way.
We are amongst top business plan writers with
established industry credentials in
writing a business plan for a startup
writing a business plan for investors
business plan development
market analysis.
WHY YRC TO MAKE A BUISNESS PLAN?
Index
14. 14
CONCLUSION
The blueprint to start your business project or venture, creating an effective business plan is necessary to chart
out the process roadmap of any organization.
The plan should try to address queries like: Goals for the current year? Targets to be achieved to reach this
goal?
Before creating an effective business plan, its vital to know the compelling reasons to draft it
Set the well-defined objective before creating the Business plan, which should be analyzed and reviewed by
Business Plan Writing Experts.
Index
15. 15
15
FOR MORE DETAILS
To know more about How to Make a Business Plan?
visit:
https://www.yourretailcoach.in/key-insights-blueprint-on-how-to-make-a-business-plan/
For India & South Asia: https://www.yourretailcoach.in/
For Dubai & Middle East: https://www.yourretailcoach.ae/
For Africa: https://www.yourretailcoach.africa/
Business Process Xperts: https://www.businessprocessxperts.com/
Index