The BUSINESS PLAN is the representation of the economic, financial and equity of the effects of a business project/idea; referring to a specific management of present or future company. It is based on the identification of a research hypotheses study.
This is a fundamental tool for internal business purposes, but it is also for external business to allow them to evaluate the business project and take a decision that may require a bank loan to equity investments in venture capital, etc.
The steps to develop a Business Plan
1
PROJECT KICK OFFMeeting with management to define the analysis and objectives plan.
2
COST/ REVENUE ANALYSISAnalysis of the estimated future costs and revenues for the economical/financial objectives.
3
OPERATIVE PHASECreation of Business Plan and highlights the economics and financial aspects.
4
PERIODIC EVALUATIONEvaluation of the economic/financial situation and proposal, if help is required from external parties.
