Professional Documents
Culture Documents
Dr Saif Siddiqui
“Those who fail to plan, plan to fail.”
-George Hewell
What is a BP ?
A Business Plan (BP) can be defined as
a document that describes an organization's current
status
forecasts / plans for the growth in the times ahead.
resource
How can you plan accordingly and
what a company needs to do to attain goals
Future Goals
Make Futuristic but realistic goals.
Dream in night,
Jot down in day that how you vision a
particular part of business.
Where do you want to go. You know the Answer
If yes : How
Clients, Users, Target market
Probably most important feature of the
business.
Understand whom to target and how.
Know a users mind and you create business.
right customer , right product , right market
The Edge and Strength
Edge over your competition is the strength, you
possess. This also features
Special achievement and knowledge in team
Special viewpoints and ideas
• which can result growth
Barriers to achieve the target
Provide weaknesses
also provide how these can be removed.
Barriers Can be
Resource
Finance
Machinery
Communication barrier etc
Plan accordingly and suggest ways so as to remove
barriers.
Better Client Servicing
Clients are your customers. Always take a peek in
better client services
Communication
Advices
Response Time etc
calculations
The third phase is the highest increase
Remaining of target comes in last phase
New Segments of Scope
Is there a new market ?
Are their any growth in certain sectors ?
How can these be trapped ?
Are there any specific strategies ?
How do you plan to grab a new target market ?
Answer these questions in this section.
Accountings
Financials and Accounting facts to be dealt with
This might also take into account, project costs.
Time Management