guys pa help, thank you
define the ff. each parts of business plan:
•EXECUTIVE SUMMARY
•MARKET ANALYSIS
•COMPANY DESCRIPTION
•MANAGEMENT AND ORGANIZATION
•MARKETING AND SALES MANAGEMENT
•PRODUCT OF SERVICE LINE
•REQUEST FOR FUNDING
•FINANCIAL
•APPENDIX
again thank you, needed lng po
Answers & Comments
Answer:
•An executive summary is the overview of your entire business plan and should succinctly highlight the most important parts of the plan
•The market analysis section of your plan provides the evidence that there is a niche in the market that your company can exploit. This analysis provides the foundation on which your marketing and sales plan will rest.
•The business and/or company description section is the second section of your business plan, after the executive summary. This section outlines vital details and key aspects about your business such as what you do, your company's location and what makes your business original.
•Organization and Management, is where you’ll explain exactly how you’re set up to make your ideas happen, plus you’ll introduce the players on your team.
•The sales and marketing section of your business plan is especially crucial because it determines how you'll plan on generating profit and describes how you intend to create exposure to best sell your product.
•The products and services section of your business plan outlines your product or service, why it's needed by your market, and how it will compete with other businesses selling the same or similar products and services.
•The funding request section of a business plan. Information needs to be provided about the company's future financial plans, such as the amount of funding required at different phases or the different sources of capital.
•A financial business plan is created by gathering all the components of the business and expressing them in numbers – both revenue and startup expenses.
•The appendix of a business plan is usually the last section to appear in the business plan. The appendix of a business plan is the place to include any additional documents that you want to use to give your reader a feel for your product, marketing, services and so on.
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1. The first section, the executive summary, is the most important one. It is only if they find this section attractive enough that potential investors will dive into the other sections of your plan to get more details.
2.This part is a summary of our article on how to do a market analysis, please refer to the article for more details
the market is large enough to build a sustainable business
you know who your customers are and why they buy
despite the competition, it exists a gap in the market where your business will fit
The first step of the analysis consist in assessing the size of the market.
3.company description (sometimes referred to as an “about me” or “bio” section) is defined as a general overview of your company as well as who you are as a business owner. Anyone who reads your company description should get a clear idea of what your business does as well as the hole you're working to fill.
4.Management may be described as the the people who design an organization 's structure and determine how different aspects of the organization will interact. Management entails six basic functions: planning, organizing, staffing, leading, controlling, and motivating
5.Sales Management refers to the process of developing a marketing team, leading a marketing team, coordinating sales activities, and implementing sales techniques. The general goal of sales management is to help a business achieve its sales objectives or, ideally, exceed them.
6.product line is a group of related products all marketed under a single brand name that is sold by the same company. Companies sell multiple product lines under their various brand names, seeking to distinguish them from each other for better usability for consumers.
7.funding request section of a business plan. ... Information needs to be provided about the company's future financial plans, such as the amount of funding required at different phases or the different sources of capital.
8.This is the most crucial part of your business plan. The tone of this section will depend on who the recipient of your business plan is.
9.This is where you add any detailed piece of data or backup materials you might have. The objective of the appendix section is to serve as a reserve of materials that the investor can use either to investigate certain areas of your business plan in more details or as a starting point to do his due diligence.
Explanation:
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