How to Make Business Plans

Hi,
My name is Syed Mazhar Hussain Shah,I have complete my graduation in commerce subjects.
I am very intrested in starting my own business.In this way i share with you some planning of starting your own business.

A business plan is a document that summarizes the operational and financial objectives of a business and contains the detailed plans and budgets showing how the objectives are to be realized.

Profit-making business planning is all the general business planning that must be done to start and run a successful business. The best known example of this type of business planning is the business plan. The business plan isn’t a do-it-and-forget-it business planning exercise but a living document that needs to be updated throughout the lifecycle of your business.

Once the business has officially started, profit-making business planning will center on setting and meeting goals and targets. While some businesses make business planning an annual event, business planning is most effective when it’s done frequently and consistently. The business planning process of reviewing progress on business goals and targets and setting new ones should take place at least monthly.

13 comments:

Alaika Abdullah said...

Hi, u r absolutely rite about that. Having a SMART plan is a MUST to start and do any business. Keep writing, I will visit u often. :-)

Unknown said...

It good marketing plan, thanks friend... Keep writing... Now, I have new schedule for visit your blog...

peggysue said...

Best of luck with your business, having a plan is always a good way to get started on the right track.

Ade Andriyani said...

I don't really understand about this business thing. So really appreciate your idea, mate.
Keep writing ok? :)

prashant said...

Best of luck....


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Anonymous said...

Great article. Thanks a lot.

Urva said...

Nice site, looks like a real professional businessman made it !

imelda said...

yes it is important to really have a buasiness plan.

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mappear said...

Ok..that's very good so share with me..:0
mappear@yahoo.com

Boundlesstech said...

Great post buddy thanks for sharing.


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