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In order to write a successful business plan, the following steps are important to notice before you start: Write out the prime business concept. Collect all the necessary information on the feasibility and the specifics of your business concept. Focus and perfect your concept based on the data you have collected. Draft the particulars of your business. Put your plan into a convincing form.
The course starting from the next chapter will help you create a business plan, which is divided into seven key elements through chapter two to chapter eight, including descriptions, guidelines for creation and tips for avoiding common mistakes, together with a business plan sample and financial statements formats in the appendices.
The executive summary will end with a summary statement, usually a persuasive sentence, which are designed to convince the readers that your business is a winner.
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It is very important to know that the executive summary is the first thing all readers will examine. If your executive summary is written badly, then it will be the last thing these people will read. C) Table of Contents The purpose of the table of contents is to provide readers a quick and easy reference to find different sections of the plan. Number all pages of your business plan. Then, the table of contents should include page numbers. After you have finished your plan and numbered your pages, go back to the table of contents and fill in the page numbers. Make sure you have created headings for all major sections and subsections.
For more statistics and information regarding different industrial sectors, you can visit the government trade department website in your own country. You can collect more information about industries and trade statistics from your government statistics department, local chamber of commerce or economic development center, etc. Try to collect the newest information. The followings are some skills for writing on this section: Dont just put assumptions for your plan. Back up with good research work and real statistics. This will make your plan look more reliable. Write down all the sources of these data. Collect industry and seasonal trends from business newspapers and magazines. List out your companys possible risks. This shows that you have done your research work. Make sure to tell how your company will
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