BUSINESS

PLAN
- BLUEPRINT OF
ENTREPRENEURS.
 ADVANTAGES
 It prevents you from going into the wrong
business.
 It allows you to prepare for possible causes of
failure in the business.
 It allows you to size up the magnitude of the
demands the business ay impose on you .
 It requires a lot of information seeking, hard
work and patience.
 Use to convince others to help you in the
business in case you need assistance.
 CONTENTS OF A BUSINESS

PLAN
Brief description of the product or service
Describe briefly what you want to produce and how you wish
to undertake the whole business from production to marketing.
 Market Study
In this activity you are going to establish whether you will
have enough sales and customers to keep your business going. It will
be helpful to answer the following questions.
a. What will you market or sell?
b. To whom will you sell?
c. How much will you sell?
d. How will you sell to your customers?
e.
 Production Study
 Financial Study
 Organizational Study
Production Study
 This part will provide details on how you
will produce the product or provide the
service that you are selling.
a. How are you going to produce
your product?
b.How much will you produce within a
period of time?
c. What will you need in order to
produce
d. Where will you produce?
e. Who will produce?
Financial Study

This part will show you how much capital

you will need to start and run the business,
as well as how much profit you may expect
to gain from all your efforts.

 Whatneeds to be financed?
 How will the business be financed
 How will you cost and price your product?
How much will the profit be?
 Organizational Study
This part of the business plan will explain how
you will organize and manage the business.