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What are the procedures for formulating a successful Business Plan

What are the procedures for formulating a successful Business Plan

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leakey
1 conducting proper research in order to analyze your product, your market and your objective expertise
2 establish the purpose of your plan to describe the nature of your business
3. formulate a company profile describing what products or services you offer, your target market and audience, your resources, how you’re going to solve a problem, and what makes your business unique.
4.documentation of the bussinnes aspects- document everything from your expenses, cash flow, and industry projections.
5.create a strategic marketing plan that meets all marketing objectives
6.make your plan flexible to the various needs of your audience
7.write a convincing statement by discussing the mistakes that you've learned, the problems that you’re hoping to solve, listing your values, and what makes you stand out from the competition.
leakeykinyua answered the question on January 26, 2018 at 16:22

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