Business Plan.pptx

Overview of business plan with contents, advantage and disadvantages.

1. Business Plan Mamdhooha abdul azeez

2. Contents Introduction What is a business plan? Contents of a business plan Advantages of business plan Disadvantages of business plan Conclusion

3. Introduction This presentation is about business plan. What a business plan is and what it entails will be highlighted in this presentation. Moreover, the importance of a business plan to businesses, the advantages of having a business plan and the disadvantages will be looked at.

4. A formal written document containing the goals of a business, the methods for attaining those goals, and the time-frame for the achievement of the goals . B ackground information on the organization and the different business strategies to implement A decision making tool Usually used by start-up businesses What is a business plan?

5. Contents of a B usiness plan Business overview- name, logo Business goals S trategies to achieve the goals The product sold and the target market T he business model Number of employees and departments C ost of organizing the business T he sources of revenue Funding requirements A nticipated profit margins The market share Competition The marketing strategy

6. Advantages of Business plan Helps to stay on strategy The business objectives will be clearer Plan and manage cash flow better Easier to gain funding by presenting the business plan Employees will understand their tasks better Know the progress and success of the business

7. Disadvantages of Business plan Time consuming to prepare Expensive to make Less flexibility if the business plan is strictly followed Might discourage innovation after the plan is set Some objectives set may not be realistic

8. Business plan is a document outlining the goals and various important information regarding the business. In this presentation, we looked at what has to be included in a business plan and the benefits and drawbacks to businesses of having a business plan. Even though there are some disadvantages, it is more profitable for businesses to have a set plan. Conclusion

9. Thank You