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Writing A Business Plan:what You Need To Know - Business - Nairaland

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Writing A Business Plan:what You Need To Know by MITNEXUS: 8:24am On Oct 29, 2012
Are you trying to write a business plan for your business in Nigeria ? You are on the right track. Creating a business plan for any kind of business, but particularly for a major operation, is a critical part of launching a successful company that has a realistic shot at profitability. If you found yourself here you might be wondering what kind of information you need to include in a business plan . You should also consider the sections that should go in your business plan, which include the following:

An executive summary
Product/service description
Business Model
Market analysis
Operations plan
Marketing plan
Risk management plan
Financials

Financials are often the section that trip up entrepreneurs most, but if you remember a few important points they do not have to be that daunting. For starters, make sure that your numbers are realistic. Avoid overstating how much you can realistically make during the first few months or first year. Second, remember that investors and lenders are most concerned about your potential for profitability than they are anything else. As a result, you should create financials that focus on how you will accomplish that. Still want more help with your business plan? Call the business plan writing professionals at 07031517266 or send an email to iden25@yahoo.com for a free consultation today!

www.businessplansnigeria.com

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