Kung Edward Kenneth

Page 3

What is a Business Plan?

• Why Prepare a Business Plan? • What to avoid in your Business plan?

Business Plan Format • Vision Statement • The People • Business Profile • Economic Assessment

Eight Steps to a Great Business Plan • Review Sample Plans • Focus and Refine Concepts • Gather Data

• Cash Flow Assessment

• Outline the specifics of your business

• Damage Control Plan

• Include experience • Review language and projections • Put your plan into a compelling form • Enhance with graphics

Does your plan include the following necessary factors • A sound business concept • Understanding your market • Healthy, growing and stable industry • Capable management • Able Financial Control • Financial Management Skills • Consistent business focus • Mind set to anticipate change • Plans for outline business


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