Topic > Business Plan Essay - 720

It will also depend on what the entrepreneur intends. There may not be a one-size-fits-all formula, but here are some guidelines that will help achieve a great outcome for your new business: 1. Vision and Mission In any organizational business, vision and mission are the first thing to take care of. This will indicate the direction of the company. 2. Inception Provide a brief summary of how the plan or business came to be. What is the basis of the business idea? Who are responsible for the idea? Why did you decide to create the business?3. Company Objectives Provide short-term and long-term objectives. What are the aspects to focus on immediately? What are the areas that will need to be addressed in the long term? How long will it take for the company to expand? When is the expected profit making date?4. Products and Services It is important to pay particular attention in presenting the products and services that the company intends to offer. Even at the planning stage, these should have been materialized