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What is a Business Plan

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A business plan is a description of the business you want to start. It is also a plan for how you intend to run and develop it.

After making a business plan you will have great knowledge of the business world - the world in which your future lies.

Preparing yourself
The business plan gathers all the bits and pieces from the business preparations and your general life experience of relevance to your business. It contributes to a more well-arranged start-up – beneficial to the entrepreneur, his/her family, personal network, consultants, and sources of finance.

Dynamic plan
You should not see the business plan as the final statement for your business. Instead, you should see it more like a platform from where you gain access to the business world. It is a dynamic world so your plans for your business must be dynamic as well.

Working out a business plan serves many purposes:

  • Help structure and realise your visions
  • Gather knowledge and compelling information
  • Facilitate a framework for better business decisions
  • Convince family, banks and other investors that you are worth an investment
  • Proof of dedication
  • Base for better counselling from co-operators and sparring partners
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What is a Business Plan

 
patrick mahlokweng, republic of south africa 05-08-2010
I have started a medium business on distribution, marketing , advertising , sales of non alcohol beverage on my company called Kago Kano Beverage DISTRIBUTION , There is great potential in beverages in south africa , but i can´t get any financial help in any of south african bank , they need good business plan , sustanability , feasible studies , marketing strategy , budget & insurance to secure loans of which i don´t have have non of the above , pls help

muofhe prince, south africa 23-03-2010
hi im young man from limpopo,i have big farm its +- 25 hactors.im poor idont know what to do whith this big land bcs iwll need a tractor if i have to use it .pls may i get any assistant.no money no resourse.frm khunda village vhulaudzi venda limpopo province SA.I´LL BE GLAD TO HERE UR RESPOND

nthatise itumeleng, south africa 02-03-2010
since 2006 i wanted to start a chicken factory but every were i go to find advice people said i would not make it, when i see my self i saw that i have money to start this huge business but now i need help to start this business cause i love business but now i am in tertiary and i want to do that business

M.E.THOMAS, RSA 24-02-2010
I,LIKE TO OPEN UP A SERVICE BUSSINESS A SECURITYCOMPANY.

QUEEN MAHLANGU, SOUTH AFRICA 28-12-2009
Am interested in knowing how do business like IFA are registered,as they advertise Funeral Policy Insurance-Clientelle,I believe the very same multilevel businesses method can be used to fight poverty in our country-Given an opportunity I would love to run a business advertising food vouchers of well known super markets,e.g. Shoprite vouchers are also used to buy at House & Home Furniture shop-and that is something every soul needs-Please help.How do i get started?

sabelo ncube, south africa 11-12-2009
I am a young man who is willing to be involve in an international competition ,i am to stressfully so iam scared because i think it can affect my vission nagetively and i am experiencing some financial problem so i don t know what must i do about my vision and my family don t allow me to be involve in trade. I need your advise SIR .

 


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