From this page you will get:
- Overview of the 9 steps to start-up
The best way to startup a small business is to write a business plan.
When you write a business plan you will be forced to consider many start-up issues.
This business plan consists of 9 steps.
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The startup business plan issues are gathered under the following 9 headlines:
1. Which Personal Resources Can You Give the Company
Running a newly established company is a very personal thing as its owner is
typically the only one present in the company. Therefore, it is important to
emphasise to yourself and others alike that you do possess the capacity and
resources necessary to run a business.
- More Start-up knowledge
about Personal Resources and Objectives
2. Describe Your Product or Service
The product or service you offer is the lifeblood of your business. Thus, it
is important to analyse its various aspects. Special attention should be paid to
what the customers demand from the product or service.
- More Start-up knowledge
about Product/Service
3. Description of the Market
Before you are able to carry out any sort of sales or marketing action you
need to identify the market you want to penetrate. A good marketing result
requires thorough market and customer insight.
- More Start-up knowledge
about Market Description
4. How Will You Perform Sales and Marketing
Sales and marketing are your tools to approach potential customers in order
to raise an interest in your product or service. Whether to run local newspaper
advertisements, direct mails, work out an internet solution, or attend
international trade fairs, is entirely dependent on what you sell and what
customer profile you want to approach.
- More Start-up
knowledge about Sales and Marketing
5. The Practical Organising of your Business
You need to describe the every-day running of your company and also take
into account the cost of arranging and running your business.
- More Start-up knowledge
about Practical Organising of Start-up
6. How Will Your Business Look Like in Three Years
It is hard to think 3-4 years ahead even before your business is up and
running. It would, however, be an advantage if you, at this early stage, can
envision the outlines of an even bigger and more interesting company than the
one you start out with.
- More Start-up knowledge
about Business Development
7. Budgets - Estimate Your Costs and Income
Budgets are the above topics described in economic terms. The more specific
the plans, the easier it becomes to work out budgets. Budgets will also
contribute to the concretizing of the plans and it is ok to go back and change
plans if the budgets prove them unrealistic.
- More knowledge
about Budgets
8. Financing - Where to Find the Money
Financing merely asks: “How do I raise the funds that I need to start my own
business?”
- More knowledge about Financing
9. What is Your Business Concept
A good idea is only a good business idea if you are able to make enough money
from it for you to live independently.
Once you have got an idea, in most cases it needs adjusting and further
development before it turns into a commercial concept
- More Start-up knowledge
about Business Concept
- Go to
next business issue: Start-up illustrated
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| Mbuh Melvin , United States |
01-03-2013 |
The material are worth uncountable bars of gold. Not only have they satisfied my wants and needs, but they have also kept me thinking, Is this the right time to launch my business consultancy move?
There is so much that you have explained down to earth in your book. Maybe this is the right time to go ahead and launch that business
Great way of structuring the startup process. Thanks
| Tsebo Mofokeng, South Africa |
11-05-2012 |
You guys are doing brilliant work. I struggled to get my BP done as a new Business man, I managed to get to your site. It´s so simply to draft BP.
I thank you for your good work.
| tebza, botswana |
22-02-2012 |
no experience
| Kukhanyakwezwe, Zimbabwe |
20-09-2011 |
Would like to thank you guys for splendid job you are doing . I was looking for a free business plan to start a small fabrication business at home and most the site were advertising free but they requested some moneys later. but yours has proven different Thanx guys keep doing good business
| ahmed , pakistan |
27-03-2011 |
excellent
| Mr. Kha Shasha, Vietnam |
22-03-2011 |
I really like everything about content in your web. So please keep doing for me.
| EJ SHINGANGE, SOUTH FRICA |
19-01-2011 |
I HAVE NO EXPERIENCE IN BUSINESS SO I NEED HELP TO START A BUSINESS SO THAT I CAN HELP OTHERS.
| Mogens Thomsen, Scandinavia |
27-06-2010 |
Read the startup thoughts of Nidhi Shrivastava, founder of Studio Plucap, Mumbai
in the online magazine Entrepreneurship.co.in
- Read Nidhi´s startup story
| Joe Carpenter, USA |
26-11-2009 |
Professor William A. Sahlman, Harvard Business School in Boston said:
“What is wrong with much business plans? The answer is relatively straightforward. Most waste too much ink on numbers and devote too little information to what really matters for intelligent investors.” I think this plan focuses on the rite things!
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