Consideration a business person may take into account when preparing a business plan

Consideration a business person may take into account when preparing a business plan

  • Objectives of venturing into the business
  • Skills to start and run the business
  • Commitment to the business
  • Interest whether the intended business will interest the enterprenuer or not
  • Availability of market where exists a market gap
  • Technology required to run the business/appropriate/cost of technology
  • Availability of raw material – quality of raw material
  • Government policy
  • Amount of capital
  • Level of competition
  • Difficulties in marketing
  • Security
  • Possibility of expansion




benefits of writting a business plan


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