Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Restaurant business plan formatWhen you are starting any business, you will need to have a plan of all that the businesswill entail. Clipping is a handy way to collect and organize the most important slides from a presentation. Why foreign aid hurting africa - wsj, Why foreign aid is hurting africa money from rich countries has trapped many african nations in a cycle of corruption, slower economic growth and poverty..
Writing a business plan is often a difficult task for many especially those whowant some funding from investors or banks.
It would not be an exaggeration to say that business planning is the driving force behind any business venture. It is however as difficult as many peoplewould imagine and following the following simple business plan format will prove that toyou.A simple business plan format should basically consist of the business description, theobjectives, mission and vision of the business, the marketing plan, the financial reviewand a simple conclusion.


It is always planning that makes it convenient for managers to make adjustments as and when they are needed. Let us elaborate these key points a little further.Business descriptionThis details everything about the business. The planning not only makes employees work smoothly in organized manner but also act as guide. But it also happens at times that strategies go wrong and things do not just happen the way they have been intended.
It should give details about what the businessname will be, what products or services that the business will be dealing with, where itwill be located and how it will be managed.Objectives, mission and vision of the businessHere you state the objectives of the business in measurable terms.
The mission of the businessexplains the purpose of the business while the business vision gives a picture of wherethe business will be in say three or more years in terms of the products it will be offeringand its size by then.Marketing planThis is very crucial and should be given much time and consideration.
It is part of contingency planning and every good organization use to develop it along with general planning.


It should givedetails of how the initial market research will be done, the marketing strategies that willbe employed and the cost of all that.Financial reviewThis should outline all the financial processes and requirements of the business.
The action plan generally contains another plan and set of strategies that can be employed if the current selection does not prove useful.
This iswhere you state how much initial capital the business requires, detail how the funds willbe used and how the income is expected to stream in.ConclusionThis is simply summing up in a few sentences what the business plan entails and makingmention of any details that might have been left out in the main body. The action plan carries the same format the only difference lies in the scenario or perspective in which it is developed.



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