Joadre

The key to a successful business is a business plan. 7 reasons why!

For those of you that want to build a business that will flourish and grow, you must and I emphasise of the “MUST” have a business plan. Please, whether you want to sell yams or meat pies in the market, or you want to be a fashion designer or a road side tailor, which ever or no matter how small you want to start, you should work with a plan. Why?

7 reasons why you need a business plan.

  1. To save time and money.
  2. To see if you are ready. .
  3. To plan a strategy to start.
  4. To fund your idea.
  5. To get support and build network of partners.
  6. To know what resources you need.
  7. To reduce your risk of failure.

I have created a tutorial video in my business training app. You can access the app from google play store called “joadre” and start learning now why and how to create a business plan.

What must be included in your BP?

Beneath is a list of the basic content that your detailed business plan should have and you can learn more about every point in single tutorials.

  1. About your solution – product/services.
  2. About the problem your product solves.
  3. The target market.
  4. Your financial plan to include your budget, revenues, cashflow.
  5. About how you will operate your business
  6. Your setup
  7. About  your team and network of partners.
  8. Your distribution plan.
  9. Your marketing plan.
  10. Your branding plan.

I hope that you now understand why you should take the steady road and avoid the shortcut to prepare a business or project plan. Do not forget to watch my tutorial on how to design a business plan or individual tutorials on creating or defining your business solution, problem, analysing your market, financial plan as well as the 5 slide decks to land funding support.

There is more content and support on the way, so I strongly recommend you have or keep an annual subscription so that you can easily access every new tutorial you will need to build and grow your business.  If you require consultancy for the little issues, do not forget to book one using the “Advice me” menu or ask questions using the “Q&A” menu from our menu list on the left. Connect with me on facebook and instagram. Please keep learning and demanding content, for you are the future of our continent Africa. See you soon in the next tutorial.

Have a wonderful time. Bye bye.

Joana

Hi its me Joana, please subscribe to my Joadre weekly blog to stay updated and get my fresh articles right in your mail box.

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