• How to write a business plan
• The 5's of Successful Business Marketing
e-Council Inc.Com's Keys to Writing a Successful Business Plan
to Start a Small Business:
- Highlight what makes the Company's Business product or service unique, what are its benefits, what need will it fill, and why is it likely to Succeed.
- What is your Company's potential target market? Why are
customers likely to purchase the product and/or utilize
the services offered by the business?
- Identify Company's management team, experience, qualifications
- identify Company's current and/or potential problems and how
to overcome them
- Capital requirements (don't underestimate these
figures as they will be the key to capital-raising
scenarios)
- Company's Exit Strategy (going public/takeover/etc.)
- Identify potential strategic partners and synergies in the marketplace
- What is your Company's marketing plan - address the 5 P's of
Successful Marketing when writing the plan, since one of
it's major goals is to 'sell' the business.
The 5 P's of Successful Business Marketing
- POSITIONING- Why should prospective
clients/customers choose your business
- PACKAGING- How will your packaging set you
apart from the competition
- PROMOTION- How will your business be
promoted/marketed
- PERSUASION- How can you persuade prospects
to become customers/clients
- PERFORMANCE- How can you build
relationships to ensure that customers/clients
remain loyal.
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