a simple-but-effective-business-plan

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

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.

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

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.

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

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.

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

Focus Strategic PlansFocus 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)

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

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)

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

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

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

How to Draft a Simple BPSo 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

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

Vision of organizationKnow 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

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

Future GoalsMake 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

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

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.

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

The Edge and StrengthEdge 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

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

Barriers to achieve the targetThese 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.

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

Better Client ServicingClients 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

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

Increase in TargetAlways 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 growthIncrease a bit in second phase based upon your calculationsThe third phase is the highest increaseRemaining of target comes in last phase (where you also analyze the present BP to formulate for new financial year)

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

New Segments of ScopeIs 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.

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

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.

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

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.

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

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 RegardsAmal Krishna Biswas

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