A simple-but-effective-business-plan

A simple but effective BP

Write a simple plan and
make it effective
- Amal Krishna Biswas

Presentation by Amal Krishna Biswas. http://premsworld.blogspot.com

What is a BP ?
 A Business Plan (BP) can be defined as a document
that describes an organization's current status and
forecasts / plans for the growth in the times ahead.
This can be from a quarter of an year to several years in
the future.


Main Features of a Business
Plan

The main motive of a business is profit. Business men don’t rush into
business unless they forecast their weaker areas first. A strong plan can
either sustain a business or can ruin it.

Business Plans is a simple representation of balancing and
gaining edge over the weaknesses of a business with the
strengths.


The Strategic Mind behind BP

If you fail you might be Heart Broken, but if you never tried you
are doomed. Working with strategies is the primary scope in
Business Development and for Business Managers.

Learn to strategically place yourself out of scenarios. You are
never the main concern. You are just the representing medium.


Focus Strategic Plans
Focus the strategic parts of your plan related to:

 Time and Energy to attain goals (predefine what is to be
achieved)
 Resource allocation (Count chickens before they hatch don’t
take in too much. Promise what can be delivered)
 Your Business and Competition (Analyze your strengths and
weakness)
 Employee communication (nice trick, don’t take the blame
over you)


Extended Tricks To Strategy
A Secret Business Mind working

 Divide the work. Take The Correspondence.
 Editable BP – make BP in revisions as you go in depth, make
it finalized when you are sure about zero loopholes
 Make another BP as a Plan 2, so that anytime you can seek
in more resource (handy but a tough trick)


A Simple plan that shouldn’t fail
Apart from working on strategies
and conventional ways of drafting
a BP, a simpler way to provide BP
is working on information.

This is what makes a simple plan
more effective and interesting

Simple they say is always the best



How to Draft a Simple BP
So How to work on a simple Business Plan ? Work on These lines:
 Vision of organisation (or whatever ur plan is)
 Goal of future
 Clients, Users, Target market
 Edge of you / ur team / company
 Barriers to achieve the target
 Better serve clients..how ??
 Ad more to target..possible ??
 Adding new customers / users / target market share
 Accountings
 Starting of the plan dates


Vision of organization
Know organizational vision

Where company wants to go ? Will the organization fully supply
you with resource ? How can you plan accordingly and what a
company needs to do to attain goals


Future Goals
Make Futuristic but realistic goals.

Dream in night, jot down in day how you vision the part of
business. Where do you want to go. Answer is this possible ? If
yes How


Clients, Users, Target market

Probably most important feature of the business. Understand
whom to target and how. Know a users mind and you know
business. If you provide Baby food to a teenager probably this
wont sell.


The Edge and Strength
Edge over your competition is the strength you possess. This also
features

 Special achievement and knowledge in team which can result
growth
 Special viewpoints and ideas


Barriers to achieve the target
These are the weaknesses and provide how these can be
removed.

Can be

 Resource
 Finance
 Machinery
 Communication barrier

Plan accordingly and suggest ways so as to remove barriers.


Better Client Servicing
Clients are your customers. They are God.

Always take a peek in better client services

 Communication
 Advices
 Response Time
 Suggestions

Everything can be accounted in this section


Increase in Target
Always Increase target. That’s why is a business plan, grow the
business.

The best way is dividing targets quarterly

During 1st phase it is least say 20% of total growth
Increase a bit in second phase based upon your calculations
The third phase is the highest increase
Remaining of target comes in last phase (where you also analyze
the present BP to formulate for new financial year)


New Segments of Scope
Is there a new market ?
Are their any growth in certain sectors ?
How can these be trapped ?
Are there any specific strategies ?
How do you plan to grab a new target market ?

Answer these questions in this section.


Accountings

Financials and Accounting facts to be dealt with. This might also
take into account project costs. The best way to calculate project
cost is upon hours you have to give in.


Time Management

Manage the time based upon estimation, take into account flaws,
limitations and resource. Always remember to add 15% - 20%
time leeway due to unknown factors.


The Last Words

Have a business plan that is simple to grab user / reader
attention. The simple rules and information can make a killer BP
to turn heads and maximize business.

Thanks And Regards
Amal Krishna Biswas

Image Courtesy: veer


A simple-but-effective-business-plan

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