10 Necessary Tools for a Successful Business Plan!
1) Identify what needs your business fulfills.
2) Be able to explain and describe how your business fulfills this need
3) Why is your business unique? Be able to explain this.
4) Be able to point out your key stakeholders in your company.
5) Find out the total size of your potential market
6) Find out who makes up the majority of your target market.
7) Create a well planned budget that will help you see how much money you need to get started and continue to grow your business
8) Create a good plan of promotional strategies
9) Break down your revenue streams
10) Create a plan so you can break even. Find out how long and what is needed.
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