Do you have a good idea? Are you planning to start your
business but don't have a good business plan as a starting entrepreneur?
Writing a strong business plan is the basis of success.
Writing business plan
A business plan, also known as a marketing plan, is the
first step toward your own business. This allows you to map the feasibility of
your ideas. So what's in a business plan? A good business plan can be divided
into a section about the entrepreneurs, a marketing plan and a financial plan
so that you have all the parts of the Business Model Canvas you need in order
to draw up a business plan.
The entrepreneur
You start a good business plan by filling in your personal
details: Who are you? Where do you live? Are you married? What is your work
experience?
We then ask you to articulate your personal motives and
objectives. Who are you as an entrepreneur? Sketch an honest picture of your
personal strengths and weaknesses.
The marketing plan
In the marketing plan, you describe your idea, and you do
research. Among other things, you look at market developments, potential
customers, target groups and competitors. There is a market for your product or
service.
What product or service will you sell at what price and
location to whom in your own company? How can you best market your product or
service? Who are your customers, and how will I earn from them?
You will also get started with the marketing mix. This gives
your company a clear identity. What makes your company unique and recognizable
to the outside world? We use the 5 P's for this; product, price, place
(distribution), promotion and personnel.
Financial plan
Where does my capital come from, and where is it invested?
Am I profitable? Can I meet my financial obligations on time? Who are my
potential investors? Again, where does my capital come from, and where is it
invested?
In the financial section of the template, we refer to our
simple and comprehensive financial plans. The simple financial plan is designed
to provide a global financial overview of a simple business process. However, suppose
you have a more extensive business process with, for example, different product
groups. In that case, we recommend that you download the extensive financial
plan.
5 tips for starting your own business
Not sure what you need to start your own business? Follow
the following tips, and you're on your way:
·
Make your idea concrete and start writing a
business plan to approach a potential investor
·
Immerse yourself in your target group and get to
know your customers
·
Don't forget to arrange your insurance. There
are special insurance policies for different companies
·
Make sure your company is set up appropriately
·
Promote your business and ask your customers to
leave a review. This can be done via Facebook or Google, for example
·
You cannot do all the administration yourself,
so make sure you have a good accountant who knows the tax benefits of, for
example, the Tax Authorities
·
The plan is there, and the financing is (almost)
complete, but the actual start of your company is often postponed. So dare to
start and make mistakes!
Write business plan
Maven business plans offer you various
tools to help you with this. Consider examples, such as the business plan
template (e.g., restaurant
business plan template, etc.), e-learnings, and guidance in writing a
business plan.
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