Business Plans

Within their book Write Your Business Plan, the staff of Entrepreneur Media, Inc. offer an in-depth knowledge of what’s necessary to any business plan, what’s befitting your venture, and what must be done to have success. In this edited excerpt, the authors outline what things to use in your business plan’s executive summary and just why.

The first part of your business plan that anybody will dsicover may be the executive summary. It’s a short look at the important elements of the complete plan-and it’s critical.

Within their book Write Your Business Plan, the staff of Entrepreneur Media, Inc. offer an in-depth knowledge of what’s necessary to any business plan, what’s befitting your venture, and what must be done to have success. In this edited excerpt, the authors discuss which kind of information you will include in the management portion of your business plan.

In the management portion of your business plan, you describe who’ll run the business. This may be only a straightforward paragraph noting that you’ll be the only executive and describing your background. Or it could be a significant section in the program, comprising an organizational chart outlining interrelationships among every department and manager in the business, plus bios of most key executives.

Within their book Write Your Business Plan , the staff of Entrepreneur Media, Inc. offer an in-depth knowledge of what’s necessary to any business plan, what’s befitting your venture, and what must be done to have success. In this edited excerpt, the authors outline which kind of details you will include in the industry portion of your business plan.

It isn’t enough to just work hard. If you are in the incorrect industry at the incorrect time, making your business grow will be difficult. The investment community will think that any business could be buoyed by a business increasing and that the contrary is true within an industry whose tide is ebbing. This implies it’s very important to you to include a business analysis in your business plan.

Within their book Write Your Business Plan, the staff of Entrepreneur Media, Inc. offer an in-depth knowledge of what’s necessary to any business plan, what’s befitting your venture, and what must be done to have success. In this edited excerpt, the authors discuss the info you will include in the marketing portion of your business plan.

The marketing information you will need relating to your business plan must show you know your marketplace and learn how to make certain those customers know where they are able to find you. You must define what you’re selling, at what price(s), from where, and how you are going to spread the term. To simplify, you need to use the four Ps of marketing: product, price, place, and promotion.

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2011 was a big year for social media. Not merely did Facebook land 800 million monthly users, Google+ became the brand new kid on the market and my father joined Twitter. But as more folks glom on to internet sites than previously, businesses also have had to intensify. Nowadays, entrepreneurs and brands are constantly searching for innovative ways to not only promote and market themselves and their companies but also turn into a valuable friend, fan and follower.

In Guerrilla Marketing in thirty days, the late founder of guerrilla marketing, Jay Conrad Levinson, and guerrilla marketing expert, Al Lautenslager provide a dynamic marketing blueprint to greatly help companies attract more customers and maximize profits. In this edited excerpt, the authors explain the best way to double your marketing results by teaming up with another business to accomplish fusion marketing.

Imagine the surprise on people’s faces when three weeks once they move they get yourself a coupon in the mail from Lowe’s home building supplies stores that says, "Congratulations on your own move! Here is a housewarming gift for you–10 percent off special savings, compliments of Lowe’s."

Beyond the crisis response, family based businesses must adapt themselves to a changed post-crisis landscape.

This article was co-written with Ramy Sfeir, Partner, Strategy&, and Bilal Mikati, Principal, Strategy&.

The dual shocks of the COVID- 19 pandemic and low oil prices are severely stressing GCC economies. This especially pertains to many family based businesses, which entered the crisis on shaky footing with high leverage, limited liquidity, and depressed profits. It is essential these businesses weather the existing storm and prepare themselves for future years, considering that these organizations constitute 60% of the region’s non-oil GDP and employ 80% of the workforce, according to PwC’s Middle East Family Business Survey .