24/03/2023
How to Analytic Buisness Plan🤔
1. Start by analyzing the current market. Research the industry and its major competitors. Identify the potential customers and analyze their needs, wants, and purchasing behaviors.
2. Analyze the proposed business plan. Assess the plan's feasibility, financial viability, and potential for success. Examine the proposed marketing strategies, product pricing, and operational costs.
3. Evaluate the management team. Assess the background and experience of the team members, their skills, and their ability to execute the plan.
4. Develop a risk assessment. Identify potential risks and create strategies to mitigate them.
5. Analyze the financial projections. Review the financial statements, cash flow analysis, and any other financial information included in the plan.
6. Create a SWOT analysis. Identify the strengths, weaknesses, opportunities, and threats associated with the business.
7. Develop a recommendation. Summarize the analysis and make a recommendation for moving forward.
