Mission and Vision

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Words: 4568

Pages: 19

Category: Business and Industry

Date Submitted: 04/20/2016 12:58 AM

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Write and present a simple business plan:

Introduction

1. A business plan is a sales tool or a convincing argument to funders or investors.

2. Business plans are there to sharpen your own thinking by:

Understand the idea behind the organization

Ensure that the project has been fully worked out

Check that the organization is being realistic

Ensure that the organization has thought about possible risk

Check that the organization has the capacity to deliver

Understand the longer-term picture

3. A business plan should be an operating guide for the organization once you have started,

and will function as a monitoring and evaluation tool to see whether objectives have been

met.

Many formats for business plans exist. They contain similar material. There is not one

“right” way or a “wrong” way – just the format that best describes your particular business

idea. Choose the components of a business plan that will best describe your business idea,

and show that you have really considered all the issues seriously.

Do not include information that is irrelevant to your business idea just because someone else

has used it. Make sure that all information is appropriate.

Tips for a Winning Business Plan

A business plan must be clear, concise and professional looking. Presentation is vital

because the business plan speaks for you and your future business. Pay particular

attention to writing style, grammar and spelling in the document, and seek the

assistance of someone with good report writing skills rather than have a document

that may create an impression of non-professionalism.

Remember that investors get hundreds of proposals – make sure yours is interesting

and easy to read.

A business plan must convey your enthusiasm and passion for the proposed venture,

but still be professional in tone.

Oral presentations should be well-structured and formal. Don’t waste time and be

aware of your audiences’ responses....