₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,331,114 members, 8,448,754 topics. Date: Monday, 20 July 2026 at 07:04 PM

Toggle theme

Nisimimike's Posts

Nairaland ForumNisimimike's ProfileNisimimike's Posts

1 (of 1 pages)

BusinessRe: How To Write A Business Plan by nisimimike(op): 10:05am On May 30, 2016
esshman:
Helpful
Thanks
BusinessHow To Write A Business Plan (contd.) Market Analysis by nisimimike(op): 6:52am On May 30, 2016
The market analysis section of your business plan should illustrate your industry and market knowledge as well as any of your research findings and conclusions. This section is usually presented after the company description.
What to Include in Your Market Analysis

Industry Description and Outlook
– Describe your industry, including its current size and historic growth rate as well as other trends and characteristics (e.g., life cycle stage, projected growth rate). Next, list the major customer groups within your industry.
Information About Your Target Market – Narrow your target market to a manageable size. Many businesses make the mistake of trying to appeal to too many target markets. Research and include the following information about your market:
Distinguishing characteristics – What are the critical needs of your potential customers? Are those needs being met? What are the demographics of the group and where are they located? Are there any seasonal or cyclical purchasing trends that may impact your business?
Size of the primary target market – In addition to the size of your market, what data can you include about the annual purchases your market makes in your industry? What is the forecasted market growth for this group? For more information, see our market research guide for tips and free government resources that can help you build a market profile.
How much market share can you gain? – What is the market share percentage and number of customers you expect to obtain in a defined geographic area? Explain the logic behind your calculation.
Pricing and gross margin targets – Define your pricing structure, gross margin levels, and any discount that you plan to use.
When you include information about any of the market tests or research studies you have completed, be sure to focus only on the results of these tests. Any other details should be included in the appendix.
Competitive Analysis – Your competitive analysis should identify your competition by product line or service and market segment. Assess the following characteristics of the competitive landscape:

Market share
Strengths and weaknesses
How important is your target market to your competitors?
Are there any barriers that may hinder you as you enter the market?
What is your window of opportunity to enter the market?
Are there any indirect or secondary competitors who may impact your success?
What barriers to market are there (e.g., changing technology, high investment cost, lack of quality personnel)?

Regulatory Restrictions – Include any customer or governmental regulatory requirements affecting your business, and how you’ll comply. Also, cite any operational or cost impact the compliance process will have on your business.
Once you’ve completed this section, you can move on to the Organization & Management section of your business plan. We will discuss this in our next post.

Ninville Business Consulting is a team of business experts to help your Business to grow. Contact us for services like Business Plan and Business Proposal writing, Grant writing, Web design, Graphics design, freelance writing and social media marketing contact us at ninvillesystem@gmail.com or +2348134016691,+2349032260723.
BusinessHow To Write A Business Plan (contd.) Company Description by nisimimike(op): 3:23am On May 30, 2016
This section of your business plan provides a high-level review of the different elements of your business. This is akin to an extended elevator pitch and can help readers and potential investors quickly understand the goal of your business and its unique proposition.
What to Include in Your Company Description

Describe the nature of your business and list the marketplace needs that you are trying to satisfy.
Explain how your products and services meet these needs.
List the specific consumers, organizations or businesses that your company serves or will serve.

Explain the competitive advantages that you believe will make your business a success such as your location, expert personnel, efficient operations, or ability to bring value to your customers.
Next, you’ll need to move on to the Market Analysis section of your plan. We will discuss about that in our next post.

Ninville Business Consulting is a team of business experts to help your Business to grow. Contact us for services like Business Plan and Business Proposal writing, Grant writing, Web design, Graphics design, freelance writing and social media marketing contact us at ninvillesystem@gmail.com or +2348134016691,+2349032260723.
BusinessHow To Write A Business Plan (ctd) Executive Summary by nisimimike(op):
The executive summary is often considered the most important section of a business plan. This section briefly tells your reader where your company is, where you want to take it, and why your business idea will be successful. If you are seeking financing, the executive summary is also your first opportunity to grab a potential investor’s interest.
The executive summary should highlight the strengths of your overall plan and therefore be the last section you write. However, it usually appears first in your business plan document.
What to Include in Your Executive Summary

Below are several key points that your executive summary should include based on the stage of your business.
If You Are an Established Business

If you are an established business, be sure to include the following information:
The Mission Statement – This explains what your business is all about. It should be between several sentences and a paragraph.
Company Information – Include a short statement that covers when your business was formed, the names of the founders and their roles, your number of employees, and your business location(s).
Growth Highlights – Include examples of company growth, such as financial or market highlights (for example, “XYZ Firm increased profit margins and market share year-over-year since its foundation). Graphs and charts can be helpful in this section.
Your Products/Services -- Briefly describe the products or services you provide.
Financial Information – If you are seeking financing, include any information about your current bank and investors.
Summarize future plans – Explain where you would like to take your business.
With the exception of the mission statement, all of the information in the executive summary should be covered in a concise fashion and kept to one page. The executive summary is the first part of your business plan many people will see, so each word should count.
If You Are a Startup or New Business
If you are just starting a business, you won't have as much information as an established company. Instead, focus on your experience and background as well as the decisions that led you to start this particular enterprise.
Demonstrate that you have done thorough market analysis. Include information about a need or gap in your target market, and how your particular solutions can fill it. Convince the reader that you can succeed in your target market, then address your future plans.
Remember, your Executive Summary will be the last thing you write. So the first section of the business plan that you will tackle is the Company Description section. We will discuss that in Our next post.
subscribe and follow up with this blog www.ninville.com for further details of writing a business plan or a business proposal

Ninville Business Consulting is a team of business experts to help your Business to grow. Contact us for services like Business Plan and Business Proposal writing, Grant writing, Web design, Graphics design, freelance writing and social media marketing contact us at ninvillesystem@gmail.com or +2348134016691,+2349032260723.
BusinessHow To Write A Business Plan by nisimimike(op): 4:29pm On May 29, 2016
Now that you understand why you need a business plan and you've spent some time doing your homework gathering the information you need to create one, it's time to roll up your sleeves and get everything down on paper. The post will describe in detail the seven essential sections of a business plan: what you should include, what you shouldn't include, how to work the numbers and additional resources you can turn to for help. With that in mind, jump right in.
Executive Summary

Within the overall outline of the business plan, the executive summary will follow the title page. The summary should tell the reader what you want. This is very important. All too often, what the business owner desires is buried on page eight. Clearly state what you're asking for in the summary.
Business Description

The business description usually begins with a short description of the industry. When describing the industry, discuss the present outlook as well as future possibilities. You should also provide information on all the various markets within the industry, including any new products or developments that will benefit or adversely affect your business.
Market Strategies

Market strategies are the result of a meticulous market analysis. A market analysis forces the entrepreneur to become familiar with all aspects of the market so that the target market can be defined and the company can be positioned in order to garner its share of sales.
Competitive Analysis

The purpose of the competitive analysis is to determine the strengths and weaknesses of the competitors within your market, strategies that will provide you with a distinct advantage, the barriers that can be developed in order to prevent competition from entering your market, and any weaknesses that can be exploited within the product development cycle.
Design & Development Plan

The purpose of the design and development plan section is to provide investors with a description of the product's design, chart its development within the context of production, marketing and the company itself, and create a development budget that will enable the company to reach its goals.
Operations & Management Plan

The operations and management plan is designed to describe just how the business functions on a continuing basis. The operations plan will highlight the logistics of the organization such as the various responsibilities of the management team, the tasks assigned to each division within the company, and capital and expense requirements related to the operations of the business.
Financial Factors

Financial data is always at the back of the business plan, but that doesn't mean it's any less important than up-front material such as the business concept and the management team.

subscribe and follow up with or subsequent post or check our blog [url]blog.ninville.com[/url] for further details of writing a business plan or a business proposal

Ninville Business Consulting is a team of business experts to help your Business to grow. Contact us for services like Business Plan and Business Proposal writing, Grant writing, Web design, Graphics design, freelance writing and social media marketing contact us at ninvillesystem@gmail.com or +2348134016691,+2349032260723.
BusinessWhy Do You Need A Business Plan by nisimimike(op): 4:02pm On May 29, 2016
Just as a builder uses a blueprint to ensure that a building will be structurally sound, the process of creating and writing a blueprint for your business -- called a business plan -- will help you determine whether your business will be strong from the start. Without a business plan, you leave far too many things to chance.
A business plan contains a description of your business, including details about how it will operate a section on market research and marketing strategies, an evaluation of your main competitors, and several financial forecasts.
Reasons to Create a Business Plan

Writing a well thought-out and organized business plan dramatically increases your odds of succeeding as an entrepreneur. A good business plan can help:
• determine whether your business has a chance of making a good profit
• provide an estimate of your start-up costs, and how much you'll need to invest or finance
• convince investors and lenders to fund your business
• provide a revenue estimate (by defining your market -- who your customers will be -- and the percentage of the market you can expect to reach)
• make money from the start by devising an effective marketing strategy
• compete in the marketplace (through an analysis of what your competition lacks), and
• anticipate potential problems so you can solve them before they become disasters.
If You Need to Raise Money

If you need to raise funds for your business, it goes without saying that you'll have to write a solid, formal business plan. Business owners who want to borrow money or attract investors will be successful only if they have well-written, well-researched business plans. All of your potential lenders or investors will want to understand as much as possible about how your business will work before deciding whether to back it financially.
The Importance of Financial Forecasts

Predicting and planning your business finances can show potential investors that your business idea will fly. But preparing financial forecasts is a good idea even if you don't need to raise start-up money.
The discipline of developing financial projections for your business plan, including an estimate of start-up costs, a break-even analysis, a profit-and-loss forecast, and a cash flow projection, will help you decide if your business is worth starting, or if you need to rethink some of your key assumptions.
In other words, a good business plan will convince you that you're doing the right thing -- or not. As any experienced businessperson will tell you, the business you decide not to start because a financial projection doesn't pencil out can be more important to your long-term success than the one you bet your economic future on. To learn how to perform a break-even analysis, a detailed financial forecast or you need help in writing a complete Business Plan, follow our [url]Blog.ninville.com[/url] or upcoming posts or contact Our company Ninville Business Consulting. We have experience business developers who will not only help you write a detailed business plan but also help you out in proper planning and implementation of your plans.

Ninville Business Consulting is a team of business experts to help your Business to grow. Contact us for services like Business Plan and Business Proposal writing, Grant writing, Web design, Graphics design, freelance writing and social media marketing contact us at ninvillesystem@gmail.com or +2348134016691,+2349032260723.
HealthRe: Save This Little Girl by nisimimike(op): 3:46pm On Dec 25, 2015
Now you can donate to save Iwalewa by visiting this link https://www.generosity.com/fundraisers/save-this-little-girl
FamilyRe: Save This Little Girl by nisimimike(op): 3:41pm On Dec 25, 2015
Now you can donate online to save Iwalewa on rhis websitehttps://www.generosity.com/fundraisers/save-this-little-girl
FamilySave This Little Girl by nisimimike(op): 2:49pm On Dec 25, 2015
I met this little girl Iwalewa sometimes in August 2015 and was astonished at her sharpness. She learns so fast and conduct her younger ones so well as if she is an adult. I particularly took interest in her as she always says she wants to become a lawyer when she grows up like me. I went visiting the area back some weeks ago and was shocked with the condition I met her. My sharp intelligent little friend has become so lean and almost without no strength. She could hardly talk and all she could do was to groan in pain. When I asked what has happened to her, I was told she was diagnosed with a heart condition and needed to undergo heart surgery. I busted into tears and began to cry when I could no longer hold the effect of her groaning in pain. The most painful part is that the family did not know where to get money for the surgery as they have to raise more than 3 million Naira to save her life. I know this family very well, they are very indigent and this little girl is one of the hopes of the family. The brother told me they already contacted Kanu heart Foundation but probably due to long waiting list have yet to get any further response. After crying for a while, I felt I wasn't helping her. I had to leave the place and think of what I can do to help save this little girl. I decided to take her video recording and post it here for people to come to her rescue. A little child saved today may become the savior of others tomorrow. Please lets donate for the surgery of little Iwalewa and get her up from the bed of pain. She could no longer go to school, and I try to imagine how she feels seeing other kids running around in the neighborhood. You can donate to her mum’s account number given below or donate online by clicking here.
Account Name: Adegbulehin Moyosola Olayinka
Account Number: 1014657485
Bank: Skye Bank.

Account Name: Awoseemo Nike
Acct Number: 0037496675
Bank: GT Bank.

Account Name: Olanisimi Michael
Account Number: 1014155448
Bank: Skye Bank
watch her begging you for help here.
[url]
https://www.youtube.com/watch?v=zHbCwSxHIUQ[/url]
T o donate by western union, by cheque or back draft, call her brother Mike on (+234)9032260723 or her mother on (+234)7039277172 or you can call me on (+234) 8134016691

HealthSave This Little Girl by nisimimike(op):
https://www.youtube.com/watch?v=zHbCwSxHIUQ
I met this little girl Iwalewa sometimes in August 2015 and was astonished at her sharpness. She learns so fast and conduct her younger ones so well as if she is an adult. I particularly took interest in her as she always says she wants to become a lawyer when she grows up like me. I went visiting the area back some weeks ago and was shocked with the condition I met her. My sharp intelligent little friend has become so lean and almost without no strength. She could hardly talk and all she could do was to groan in pain. When I asked what has happened to her, I was told she was diagnosed with a heart condition and needed to undergo heart surgery. I busted into tears and began to cry when I could no longer hold the effect of her groaning in pain. The most painful part is that the family did not know where to get money for the surgery as they have to raise more than 3 million Naira to save her life. I know this family very well, they are very indigent and this little girl is one of the hopes of the family. The brother told me they already contacted Kanu heart Foundation but probably due to long waiting list have yet to get any further response. After crying for a while, I felt I wasn't helping her. I had to leave the place and think of what I can do to help save this little girl. I decided to take her video recording and post it here for people to come to her rescue. A little child saved today may become the savior of others tomorrow. Please lets donate for the surgery of little Iwalewa and get her up from the bed of pain. She could no longer go to school, and I try to imagine how she feels seeing other kids running around in the neighborhood. You can donate to her mum’s account number given below or donate online by clicking here.
Account Name: Adegbulehin Moyosola Olayinka
Account Number: 1014657485
Bank: Skye Bank.

Account Name: Awoseemo Nike
Acct Number: 0037496675
Bank: GT Bank.

Account Name: Olanisimi Michael
Account Number: 1014155448
Bank: Skye Bank

T o donate by western union, by cheque or back draft, call her brother Mike on (+234)9032260723 or her mother on (+234)7039277172 or you can call me on (+234) 8134016691


Iwalewa before the Illness

1 (of 1 pages)