Entrepreneurship

Business Plan- A formal statement of a set of

business goal, the reason why they are believe
attainable, and the plan for reaching those goal
-It is your guide

3 basic question
-Where are we now- If you are qualified on
putting up a business
-What do we want to be- You have a target
-How are we going to get their- Process
-Ways on how to achieve your
goal

Planning is important to be organize

- proper or in order
-Reach your business objective
Categories of Business Plan
1. Business Plan for Profit
2. Marketing Strategies- is very important
because it help you maintain your business
3. Internal Group

Business Plan
-Written document
-Scientific Approach or it is a study
-Views of customers
-Views of financial creditors
-Views of you workers or staff

Factors
1. Product you are going to produce- service
you want to offer
2. Target Market- Geographical Potential
-Financial Capital
3. What are your ways to make known your
product
4. To know their weakness- To have an idea how
to make your product stand out
5. Keep developing- You need to develop your
skills

Focus of Business Plan