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Business - Business Owner

Write Your Business Plan part 5

Part 5 Operations Analyse the capacity and efficiency of your operations and your planned improvements. Do you own or lease your premises? If you lease, do you have security of tenure or are you stuck in an unsuitable location? What are the advantages and disadvantages of the present location? Should the business expand or move? Explai...

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Business Plan Part 4

Part 4 Pricing policy What is your pricing policy? Explain how price sensitive your products or services are. Look at each product or market segment in turn. Identify where you make your profits and where there is scope to increase margins or sales. Explain how you set your pricing accordingly. Promotion How do you promote your product...

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Business Plan Part 3 How to

Part 3 Your customers Describe the nature and distribution of your existing customers. Give a typical customer profile for each market segment you target, for example, ‘businesses with a turnover of more than $2 million’, or ‘first home buyers’. Are you heavily reliant on sales to a few large customers? If so, ho...

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Business Plan Part 2

Part 2 Be professional Even if your plan is intended for internal use only, write and present it as if it’s aimed at an outsider. Put a cover on the plan and include a contents page, with page and section numbering. Start with an executive summary of the key points and purpose of the plan. Use charts if relevant, and include busin...

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How to Write a Business Plan Part 1

How to write a business plan by Nab 13 May 2013  Part 1
Posted in Business finance, Business planning, Business tips, Growing a business, Running a business, Starting a business A business plan outlines your strategy for the next couple of years. It may be used to help support an application for business finance or business ...

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