Tuesday 17 December 2019

Business Plan Writing

Business Plan Writing
Business Plan Writing Lagos Nigeria
Business Plan Writing

A good business plan guides you through each stage of starting and managing your business. You’ll use your business plan as a roadmap for how to structure, run, and grow your new business. It’s a way to think through the key elements of your business.
Sections of a typical business plan:
  • Executive Summary
  • Overview and Objectives
  • Products and Services
  • Market Opportunities
  • Sales and Marketing
  • Competitive Analysis
  • Operations
  • Management Team
  • Financial Analysis
Writing a business plan may seem like a big hurdle, but it doesn’t have to be. You know your business—you’re the expert on it. For that reason alone, writing a business plan and then leveraging your plan for growth won’t be nearly as challenging as you think.

STEPS:

1. Research, research, research.

2. Determine the purpose of your plan.

3. Create a company profile.

4. Document all aspects of your business.

5. Have a strategic marketing plan in place.

6. Make it adaptable based on your audience.

7. Explain why you care.


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Monday 16 December 2019

How to Write a Business Proposal

Business Proposal Writing
A business proposal can bridge the gap between you and potential clients. It outlines your value proposition, and its primary purpose is to persuade a company or organization to do business with you.
Proposals of every type are intimidating. You’re asking someone to choose you — or, in the case of business proposals, your company — and hoping that they understand why you’re the perfect fit. Writing a business proposal requires that you convincingly articulate your understanding of the potential client’s problem, as well as the reasons your company is the best choice. Even the most well-crafted solutions can get rejected due to a sub-par proposal.

Step 1 – Sketch out the scope of the project.

Once you have gathered all of the relevant information, you should have everything you need to outline the scope of the project.
The scope of a project refers to the amount of work that needs to be completed to satisfy the clients requirements. 

Step 2 - 

Start Drafting Your Business Proposal

Now it’s time to dive into the actual proposal document. Proposals tend to follow a loose formula. They start with an introduction that summarizes your business and the project, followed by a body that fleshes out all the details (including a pricing table, photos, and charts) and a conclusion that tells the customer how to proceed.
Including the signature page, good business proposals should have between six and seven sections. Delving into this part of your proposal can certainly take a while. However, we have developed a business proposal template you can download to help you get started.

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