The 6 elements of a business plan

6 elements of a business plan

  1. A business name
  2. Your target customers
  3. Starting costs
  4. Cash flow projections
  5. Market analysis
  6. Sources of start-up costs

Other factors which you need to consider are:

  • Business location
  • Business lincense
  • Suppliers
  • Staff
  • Keeping up with the trends
  • Marketing-join similar groups-use banners and posters
  • Pricing –a reasonable price

 

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