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How To Write A Business Plan? Wharton Business Sc Lecture - Business - Nairaland

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How To Write A Business Plan? Wharton Business Sc Lecture by NigerianAngelo(m): 3:34pm On May 14, 2023

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Re: How To Write A Business Plan? Wharton Business Sc Lecture by NigerianAngelo(m): 3:57pm On May 14, 2023
Summary

Simple Document... Eight (cool Steps. Start with Table of Content" of the Eighth (cool

1. Introduction
✔️ What's the Company
✔️ Slogan
✔️What does it want to do in One Sentence

2. Management Team
✔️You MUST speak of the Team
✔️Their experience
✔️Their interests
✔️ Advisory Board (Industry Experts Affiliated or Helping You)
✔️Your Education
✔️Your Extracurriculars (Sports, Hobbies, Interests)

(The Team is the First Thing people look up to and what gives them confidence)

3. Operation/Product:
✔️How will you operate?
✔️(OR), What is the Product? How useful, enjoyable etc

4. Marketplace:
✔️Where is Your Market?
✔️ Show us ALL the places you intend to sell. The Strengths of Markets
(Show you FULLY understand the market)

5. Strategy
✔️ List Three Strategies On How you intend to infallibly make profit
✔️ Prove it
(Big flyers in retail shops, Medical Detailing in Schools/Offices etc etc)

6. Competitors
✔️ Try to find Competitors (even remote ones). Beware of Business without traction
✔️ Try to find. Try to explain their moves

7. Profitability:
✔️ SHOW SATISTICALLY how the Company gives profit:
✔️Cost of Product / Selling Price of Product.
✔️ Profit to the Investor? (I invest N2M for N70k every two months? N2M for 25% share? etc

8. Investor Request / Investor Status
✔️ What are you asking me as Request?
✔️ What is my Status As Investor? (Shareholder? "Investor", etc )
✔️ Do you Need me the Investor for any Meetings?

Maxims
Every good business must make profit.
The role of a Business is to make profit.

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