Business Plan Part-2: What should be written in the business plan?

The business plan should include:

Brief information about the business:

Briefly explain all the information about your business

Introduction to business

Business identity such as business name, address, phone number

The purpose of the business

The purpose of the business should include:

What kind of products does your business want to produce or what kind of service does it provide to its customers? Will it expand after a while or not?

Market analysis

Write down this information about the goods you are going to produce/sell or provide services

What is the market demand? How much is being sold? What are the advantages of the products and services available in the market? What's so significant about a goat's head? ” And how much is likely to be sold?

Analysis of goods/services

Write about the product/service to be produced. If the product is to be written, its name, type, size, color, size, weight, characteristics, etc. If it is a service, what kind of service is it?

Analysis of business strategy

How do you sell the product/service you are looking to sell? How do you differentiate yourself from your current competitors? Can you sell cheaper than what is available in the market now? Do you produce and sell at a higher quality than if it is expensive now? Where do you start your business? If there is a retail or service providing business, it is advisable to set it up near the main market. If it is an industry, it should be set up near the place where raw materials are available.

Introduction of businessman

Introduce yourself. For example, if name, education, experience sharing is a business, you should introduce all the partners

Business operations strategy

How much is the cost of raw materials, how much is the cost of transportation and transportation, is it available all year round, is it available or not? How much and what kind of equipment is needed ? How much do they cost, how much does it cost? By the way, item/service is essentially a product of the works to do, and also details about the estimates by business operations, what skill and knowledge, How many workers need to pay much salary, and other facility writing by the owner of the organization.

Sales/marketing (how to sell in the market, how to increase customer) strategy

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Expenditure strategy

Estimate the cost of other expenses, such as rent, maintenance, transportation, transportation, water, electricity, telephone, tea, and other possible expenses.

If you are planning to take a loan from a bank, if your business costs a lot, it is possible not to give a loan. Therefore, you should try to complete the work by spending less to reduce the quality as much as possible.

From time to time, various organizations are also giving training related to business planning. You can also go there and get training yourself. You can contact the Vocational and Skill Development Training Center of the Government of Nepal.

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