Writing A Business Plan For A Small Business Computer Research Paper Topics
If you’re seeking funds for business expansion, include a detailed history of your current business practices and growth.Glenda Taylor is a contractor and a full-time writer specializing in construction writing.The Operations section of your business plan details management structure, employee training, communication, production or sales methods and office procedures.Explain your proposed bookkeeping, invoicing, debt collections and other procedures you intend to use.
The business plan is often used when seeking capital investment or loans but is also used to review existing market conditions, develop marketing strategies and define tangible financial goals.Your business plan serves the same purpose; it identifies your market, analyzes the industry and factors in probable costs and profits.Keep it brief, keep it truthful and back up your logic with figures. Use everyday language and outline your plan, grouping similar ideas under the same headings. A banker or investor doesn’t have time to wade through lengthy explanations.Break goals down into quarterly, annual and long-term goals.At this state, the notes are informal and the basis of your research.Copies of demographics and statistics, applicable articles from the business section of a regional newspaper, copies of market research and photos or descriptions of the services or products you intend to sell are all valuable documentation.Include copies of templates and forms you intend to use for forecasting cash flow, results of test marking and samples of promotional brochures.Separate the information into categories with clear headings.You can add categories depending on the type of business you’re starting, but standard business plan headings include Objectives, Market Analysis, Industry Predictions, Experience and Knowledge, Customer Benefit, Operations, Short and Long-Term Goals and Financing.She also enjoys writing business and finance, food and drink and pet-related articles.Her education includes marketing and a bachelor's degree in journalism from the University of Kansas.