Santhosh Joseph - Building Business Plan

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Building a Business Plan

• by- Santhosh Joseph

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What is a Business Plan?
A Business Plan is a written document that
defines the goals of your business and describes
how you will attain those goals.
Santhosh Joseph
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Purpose of a Business Plan

• Alignment of team(s)
• Operating plan
• Communication across company, division,department,
  business partners
• Investment capital

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Importance of Business Plan
The Business Plan is by far the most
important element in starting and effectively
operating a company. A Business Plan gives each
company and its management team a "blueprint" to
follow as to how the business will achieve the
goals set forth prior to the start of business.
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10 Reasons Why You Need a Strong Business Plan

To attract investors To see if your business
ideas will work. To set up milestones. To learn
about the market. To secure additional funding
or loans. To determine your financial needs.
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Santhosh Joseph