Setting up a business is a daunting task, through Cognizance, Commit wants to help you with one of the essential step in starting a business, Producing a Business Plan. The experiences gained over the years through our associations with various start-ups are summed up in these of articles.
- Researching the market
- Defining the market
- Knowing market
- Carrying out market research
- The Product/Service
- Defining product/service
- Protecting idea
- Marketing strategy
- Marketing Objectives
- Target Customers
- Advertising
- Writing a press release / sales letters
- Sales promotions
- Future developments
- Management and Organization
- Legal structures
- Key tasks
- Premises and location
- Equipment
- Consumer laws
- Health and safety
- Insurance
- Project planning
- Time management
- Financial information
- Planning for profit
- Calculation of personal expenses
- Business costs
- Costing and pricing
- Breakeven point
- Cash flow forecast
- P&L Account
- Balance Sheets
- Funds for new businesses
- Book-keeping
- Completing the business plan
- Information requirements
- Presentation of plan
- Common reasons of the failure of small businesses