Jun 15, 2013

7 Steps to Write Business Plan

7 steps to write business plan

Step #1 IDEA (or) DREAM
Take the dream that you have and write it into one sentence mission statement

Step #2 SET GOALS
What is Success for you? You should think about short term goal, medium term goal or long term

Step #3 UNIQUE OFFER
Make sure your message is simple. Make sure its very narrow and tight. Perception of Unique offer to your customers should be of high value.

Step #4 MARKETING
How are you going to your make your product attractive. Research the price for the same product in the market. Make a story to send the word out to your customers.

Step #5 DEMAND
Reasearch the demand. Make sure that the market share you are entering is strong and not saturated.

Step #6 MARKET
Research wether the market you are entering is declining or booming

Step #7 CUSTOMERS
Who's going to give you the money for what you are offering


Tags: Steps to write business plan, 7 steps to write business plan, business plan steps for startups, business plan india,Startup steps india

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