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The tips for business planning?

Discussion in 'General Business' started by healthnwealth, Sep 18, 2010.

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  1. #1
    Undoubtedly define your business idea and be able to briefly expressive it. Know your duty. Be willing to commit to the hours, discipline, continuous learning and the irritations of owning your own business. Observe your motives.Make sure that you have a passion for owning a business and for this particular business. Seek help from other small businesses,vendors,professionals, government agencies, employees, trade associations and trade shows. Conduct a competitive analysis in your market, including products, prices, promotions, advertising, distribution, quality, service, and be aware of the outside influences that effect your business. These are some of the tips business planning.
     
    healthnwealth, Sep 18, 2010 IP
  2. fionix

    fionix Well-Known Member

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    #2
    Why did you made the title of this thread as question while it contains information about how to manage your business?

    Others, then I agree to the points you outlined.
     
    fionix, Sep 18, 2010 IP
  3. Avelina

    Avelina Peon

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    #3
    And often ran the business and corporate managers with immediate issues that were losing sight of the goals in the end. This is why in the preparation of the Strategic Plan is the need apparent. This may not be a recipe for success, but without the business is much more likely to fail.

    Strategic plan is not the same operational plan. The former should be visionary, conceptual and trend in contrast to the operational plan that is likely to be term, and shorter tactical, focused, implementable and measurable. For example, compare the process of planning a vacation (where, when, duration, budget, and who goes, and how to travel all the strategic issues) with the final preparations (tasks, appointments, finance, weather, packing, transportation, and so on are all operational matters).
     
    Avelina, Sep 19, 2010 IP
  4. editionart

    editionart Guest

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    #4
    Why did you made the title of this thread as question while it contains information about how to manage your business?

    Others, then I agree to the points you outlined.
     
    editionart, Sep 20, 2010 IP
  5. Tom_Lee

    Tom_Lee Peon

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    #5
    Strategic plan is not the same operational plan.
     
    Tom_Lee, Sep 28, 2010 IP
  6. Rev Jain

    Rev Jain Active Member

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    #6
    we make new plan for each and every task.
     
    Rev Jain, Oct 1, 2010 IP
  7. kristyberends

    kristyberends Greenhorn

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    #7
    Business plan is usually developed to launch a new idea, product, service, location, etc... Start with an executive summary, then run through your operational idea, market data, marketing plan, etc... You are basically trying to sell your idea to a VC, or pretending to, so make it logical and to the point. Why would someone invest in your idea? You can find lots of examples on the web or your local library
     
    kristyberends, Oct 2, 2010 IP