A business plan provides a detailed overview of your business and how it intends to function and remain sustainable.
A business plan is also useful for investors and acquiring loans, as it also provides financial details of how a business is expected to progress towards becoming profitable.
Here you will determine what it is you need to be up and running as an individual, side-hustle, or full-time business.
Ideas for gathering data from your research:
1 Write a concise executive summary that outlines your business concept, target market, and unique value proposition.
2 Define your marketing strategies, including channels (e.g., social media, content marketing) and tactics (e.g., influencer partnerships, SEO)..
3 Create a financial forecast that includes startup costs, monthly expenses, pricing strategy, and revenue projections for the first year
4 Outline your operational plan, including inventory management, order fulfillment, and customer support processes.
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Use Notion for making lists and general planning...
https://lh3.googleusercontent.com/uIctXrrY6pI5O2coG6Af_hPwXB8KvwfoYkix1qSOgRfPO6qC1zw9DhukDmI6orliaieAJFE-scPX_rFOIy0TD_-iTGJWlJXEXNX-BCKe_s6Y-Ms7GZyI7C5diq4uZuQjlg=w1280
Try Quickbooks for your new business
https://lh3.googleusercontent.com/HiIko0yv9wzUt0xRGr3hctILFcXCjkF2fH-Nps-Im7F56vvOk5xFwkdQIEcEblB_MXPrnQpDyq3zoQ1gIOc47Bx1LYF7Q8IVTcM0SonYw7iPR3pgpIsB0egFovl2j7JS6Q=w1280
Try ChatGPT: Ask questions that may help