Thread by @kanmyexcellent

1)
Topic: HOW TO PREPARE VIABLE BUSINESS PLAN & LOAN PROPOSITION
Business Plan is a vital document required to be submited to Lender/Donor for secure Loan/Grant to finance a Businez, Project or Cash Generating Asset
@woye1 @iyaboawokoya @kennygee_70 @BashorunGa_ @ishakaa @IsuphJt

https://twitter.com/kanmyexcellent/status/1228353035887398913

2)
According to Wikipedia: Business Plan is a Formal Written Document containing Business Goals, methods on how the goals can be attained, Timeframe needed, nature of the business, background info on the organization, the financial projections & strategies to achieve the Goals

*To Secure Loan/Grant*

3)
Our Focus is on Analysis of the Components of A Viable Buz Plan:
-Title Page
-Table of Contents
-Executive Summary
-Body of the Report
-Operation Plan
-Marketing Plan
-Financial Projection
-Project Profile/Description
-Summary, Conclusion & Recommendations
@woye1 @iyaboawokoya

4)
You will need to prepare Business Plan either for a Startup or Expansion of an Existing Business. The Document serves as a roadmap that provides Strategic Direction, Method of Operation & Resources required to execute the Operation
@woye1 @iyaboawokoya @IsuphJt @kennygee_70

5)
Let look at a Typical Example of Components of Buz Plan
1-Title Page
Title of the Document: You hav to put a Title on the Front Page of the document and signify its purpose (i.e Establishment of or Expansion of). Name of the Org, Location, Details of the Preparer & Date
@woye1

6)
2- Table of Contents
You need to break the Document into diff aspect of your Operation, Markets, Competitors, Suppliers, Customers, Finance & the result of feasibility study on the business Environments as a whole.
@woye1 @BashorunGa_ @iyaboawokoya @fash360degree @kennygee_70

7)
3- Section One - Executive Summary:
This contain summary of the Operation, Marketing & Financial Plans; projected Turnover, Gross & Net Profits, ROI; Finance/Investment/Project Justifications, Conclusion/Recommendations
@woye1 @iyaboawokoya @IsuphJt @kennygee_70 @dmightyangel

8)
4-Section Two
- Introduction
- Background of the Report
- Buz Description
- Product/Service Description
- Mgt Structure
I will analyse what you're require to present in each of the components in section 2 - 7 after today's session
@woye1 @ChiefOjukwu @kennygee_70 @iyaboawokoya

9)
Section Three
-Operating Plan
-General Operation Workflows
-Production Processes/Procedures
-SWOT Analysis
-Organizational Success Factors
-Risk Management System
@woye1 @iyaboawokoya @BashorunGa_ @BashirAhmaad @kennygee_70 @IsuphJt @ChiefOjukwu @dmightyangel @fash360degree

10)
Section Four
-Marketing Plans
-Marketing Strategies
-Markets Analysis
-Market Size
-Market Stage
-Market Segmentation
@woye1 @iyaboawokoya @olusogaowoeye @ChiefOjukwu @kennygee_70 @dmightyangel @JohnFanimokun @IsuphJt

11)
Section Five
-Financial Plans
-Revenue Sources and Technique
-Pricing Strategy
-Summary of Preceding 5yrs Financial Statement
-Summary of Proceeding 5rs Financial Statement
-Loan Repayment Schedule (Note that this is not required for a Grant Application)
@woye1 @iyaboawokoya

12) SECTION SIX
-Project Description
-Project Cost
-Project Funding Sys
-Project Justification
-Business Environments
Industrial Analysis
Competitors Analysis
Regulatory Environment
Stakeholders Analysis
@kennygee_70 @woye1 @iyaboawokoya @bnbsignature @DrIsaPantami @Tenderbiggie

13) SECTION SEVEN
-Summary, Conclusion and Recommendations
- Summary
- Conclusion
- Recommendations
- Appendixes

We shall discuss in detail each components from Section 2 to 7 one by one, their importance and sample
@woye1 @kennygee_70 @bnbsignature @Tenderbiggie @ChiefOjukwu

Thank you for taking your time to read

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@ChiefOjukwu @woye1 @iyaboawokoya @JohnFanimokun @Tenderbiggie