20 June 2022 23:58

Is this a viable business plan to secure me real estate?

How do I make my business plan viable?

5 Steps to Develop a Viable Business Plan

  1. Step 1: Define Your Business. …
  2. Step 2: Determine Your Target Audience. …
  3. Step 3: Understand the 5 Forces that impact Your Business. …
  4. Step 4: Create a Competitive Strategy. …
  5. Step 5: Project Your Financial Performance. …
  6. Next Step.

What are the key features of a good business plan?

6 essential elements of a good business plan

  • Executive summary. …
  • Description and bios of your leadership/executive team. …
  • Description of your product(s) or service(s) …
  • Market/competitive analysis. …
  • Financials (how much cash you need and when you’ll pay it back) …
  • Marketing plan.