by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Next Article: Business Plan, Part 5 (Competitive Analysis) Back To: BUSINESS PLANS What should I include in the Market Analysis portion of the business plan? Market Analysis plans your approach to understanding the entire market. The market analysis is the...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Next Article: Business Plan, Part 6 (Marketing Plan) Back To: BUSINESS PLANS What should I include in the competitive analysis portion of my business plan? Barriers to entry, competitors, and how you will beat them. In this section, you are trying to identify...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Next Article: Business Plan, Part 6 (Marketing Plan, Cont’d) Back To: BUSINESS PLANS How do I begin putting together a marketing plan? Begin by understanding your market, then arrange the tools to reach that market. A marketing plan involves how you will...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Next Article: Business Plan, Part 7 (Operations) Back To: BUSINESS PLANS What else should you consider in forming a marketing plan? You will also need to consider pricing and sales tactics. Remember, you have to understand the customer and the product in order...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Next Article: Business Plan, Part 8 (Management and Organization) Back To: BUSINESS PLANS What goes into developing an operational Plan? All of the components that allow your business to create value. The operations portion of the business plan serves two...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Next Article: Business Plan, Part 9 (Financial Projections) Back To: BUSINESS PLANS What goes into theManagement and Organization section of the Business Plan? Outline your organizational structure and then tell about your primaries. How your business will be...