Business plan writing step

The Entrepreneurship Project Competition requires participants to form a competitive group with complementary strengths and propose a product/service with market prospects to complete a complete, specific and in-depth business plan around this product/service to describe the company's entrepreneurial opportunities. Explain the process of creating a company, grasping this opportunity, explaining the resources needed, revealing risks and expected returns, and proposing actions. Entrepreneurship programs focus on specific strategies, goals, plans, and actions that should be clear and easy for those interested in a non-technical background. Possible readers of the entrepreneurial program include: those who want to absorb the team, potential investors, partners, suppliers, customers, and policy agencies.
The entrepreneurial programs of the business plan generally include: abstracts, company overviews, market research and analysis, corporate strategy, overall schedules, risk factor analysis and response, management teams, financial plans, assumptions that companies can provide benefits, etc. Nine aspects.
1. The abstract is a one or two page summary of the entrepreneurial plan. Including the following aspects:
- The purpose and business model of this venture - Our products and services - Description and forecast of the target market - Competitive advantage - Capital requirements, financing methods, sales summary, balance sheet - Team overview
2. Company Overview The company overview should include company profiles, detailed product/service descriptions, patents and related technologies, and how it meets key customer needs.
3. Market research and analysis mainly explain the following issues:
- Customers - market capacity and trends - competition and their respective competitive advantages - estimated market share and sales - trends in market development
4. The company strategy explains how the company competes. It includes three issues – marketing programs: pricing and distribution, advertising and promotion – planning and development projects: development status and goals, difficulties and risks – manufacturing and production plans: Production cycle, equipment and improvement
5. Overall scheduling of the company's schedule, including important books in the following areas - revenue - break-even point and positive cash flow - market share - product development introduction - major partners - financing
6. Risk factor analysis and response to assess the main risks of your business and the prevention of predicted risks.
7. The management team introduces the company's management team, which should pay attention to the education and work background of each member related to the management company; introduce the leadership members, entrepreneurial consultants and major investors and shareholdings.
8. The financial plan introduces the company's financial plan; and discusses key financial performance drivers.
Be sure to discuss the following levers:
- gross profit and net profit - profitability and durability - fixed, variable and semi-variable costs - the number of months required to break even - the number of months required to reach positive cash flow
9. Suppose the company can provide benefits. This is the “selling point” of the entrepreneurial plan, including – the overall funding needs – which level is needed in this round of financing – how to use these funds – the return that investors can get, Can also discuss possible investor exit strategies

Business plan writing step

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