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Business plan - Coggle Diagram
Business plan
Creating
being upfront about strengths and weaknesses
writing it yourself
credibility
structure
promotion and sales
market research
operations
team
financial analysis
one-five year projections
profit and loss accounts
summarising figures
company information
history
information on the industry
analysis of customer base
description of products or services
objectives
SMART objectives
future vision for company
summary
confidence and catching attention
Hiring writer
reasons
lack of experience
time-consuming process
who
professional writer
finding
searching locally
business advice centers
fellow business collefgues
writing group or circle
online searching
before hiring
requirement samples of previous work
asking for testimonials
terms of contract
Writing it during a pandemic
three themes as successful solutions
prioritizing people
understanding existing trends
creating adaptive, long-term solutions
writing new one
analyzing market
updating marketing plan
facing operational challenges
forecasting realistically
adjusting existing one
defining challenges
making big decisions
being agile
Recession-Proof one
embracing adaptability
flexibility
detail-oriented entrepreneur
listening to customer's need
primary research
focus groups
surveys
cash flow management
innovative way to make sales
slashing cash spending
investments
new terms with vendors
reviewing every vendor agreement
seeking flexible contracts
diversification
putting passive income streams
keeping investing
marketing
advertising