Grace Made Inspiration.

Pastor Seun Osigbesan of the Grace Made Christian Centre teaches the importance of business plans and how to make them work

Every place is a starting point. It's about scale (audience you sell to)

1. Owning a food joint or home cooking and delivery services

2. Barbeque and Asun

3. Production of smoothies and exotic drinks

4. Selling hair wigs, nets

5. Selling akara, boli

6. Home service carwash

7. Bead making

8. Soap making and liquid wash

9. Ankara accessories

10. E payment, and bulk recharge

11. Owning a table tennis or Grinding machine

12. Sales of fairly used goods, male/ female under wears

13. Printing and photocopying business

14. Home service Barber

15. Selling bedsheets and

16. Phone parts and accessories sale

17. Digital marketing business

18. Phone photography

19. Organizing tutorial classes

20. Small scale farming. Poultry snail farming


Others are

Printing on shirts and materials


How to write a business plan

Misconception: need business plan only when applying for a loan
Why-

Helps structure your business and put things in perspective.

Business plan is a formal written document containing business goals and how to attain them in the time frame stipulated

Describing the nature, organization and structure of the business to attract desired

Elements of a business plan

Executive summary: snapshots

Company description: specialization. Target market

Market analysis: research and demographic audience

Organization and management structure

Service or product offered

How to market the business and sales strategy



Funding

1. Family, friends & fools

2. Plowed back savings ( what have u raised coming)

3. Loan with reasonable return plan (not recommending bank loans for SME)

4. Favors money

5. Funding projection (capability of productivity)


How to start

1. Research, evaluate and analyze your product, competition and market

2. Why you want to get involved in the business, understand the inner workings

3. Company profile (antecedents)

4. Document all aspects of your business, location, etc.

5. Have a strategic marketing plan in place

6. Make it adaptable based on your audience



Power of Goal setting
Goal setting is the process of identifying something you want to accomplish



Reasons why some People don't set goals. Remember you're the boss of your life

1. Some don't know how to

2. What will be will be

3. Busy schedule

4. Failed past goals.

5. Past disappointment



Benefits of goal setting

1. Deliberate and purposeful living, reduces NFA mentality

2. Creates focus

3. Serves as inspiration and motivation

4. Yard stick for measuring progress advancement

5. It creates a platform for gratitude

6. Creates platform for celebration


Factors affecting Goal setting

SMART

S- Specific (down to details]

M- Measurable

A- Achievable

R- Realistic

T- time bound



Types of goals

Family goals: family outing

Spiritual and personal development goals. Books & conferences

Career/ Ministry or academic goals. Promotions

Business goals: take my business international

Financial goals: struggling millionaire or thriving

Material goals: car, clothes basic needs

Social and relationship goals: partner wise

Health goals: drink more water, amongst others



Next Sunday

Thanksgiving Sunday

With an unannounced special music artiste


Note:

Recommended advise henceforth is to attend personal development conferences, trainings and knowledge based gatherings

Very informative post, definitely saving this page, then do a screenshot as well, money must be made