Every venture should have a business plan. A business plan is the formal written expression of the entrepreneurial vision, describing the strategy and operations of the proposed venture.
The advantages of developing a business plan far outweigh the costs. The purpose of the plan is to enable the top executives of the firm to think about their business in a comprehensive way, to communicate their objectives to individuals who may have a stake in the firm's future, to have a basis for making decisions, and to facilitate the planning process.
We develop detail business plan for new and existing businesses for understanding various parameters of business. While preparing new business plan we consider following aspects
Market : In this section we consider the existing market condition with respect pricing, trade policy demand for the product, government policy, quality of the product etc
Finance: We develop detailed financial model for arriving at key financial indicators such as IRR, ROI and NPV to assess financial viability of the business. To develop financial model we examine the cost of operation , different pricing models, costing of product etc.
Regulatory Requirement: We evaluate the regulatory requirement of the business too for smooth implementation and functioning of the venture.
Man Power : We analyze the manpower requirement in terms of education, experience and skill.
Raw material source: Success of any business is depends on identifying reliable source raw material . We identify raw material source for the production.
Business Environment: Evaluating the impact of the environmental influences such as political, economic, technological, socio-demographic factors that affect your area of business.