#Define business plan

•the written document, which explores in detail how
the buisness is to operabe.

#Describe the different components of a business plas

• General description of the edics price - This is aotatement includes the name.logo and Gype of ownership.Vision. goals and objectives and type of products.

• Market: research - This includes the findings of the
market resarch done ( This includes: Largel maret
needs of customers. Competition, approbe pree
location. Cost and government regulations)

• Mackels plan - This includes the barget marker and
(price. place. product eland promotion)
markebing Mix.

• production / service plan - This includes the melted used to producte products. quality conlord standards, production costs involved. Source of supply and time frame & how long it will take to produce products,

• organization plan - includes the number of people to
employed and their reponsibilities

•financial plan-includes the barget. cost flow forecast and estimated start-up capital and source of capital

•Action plan- it indicates steps to be taken in order to achieve specific goals. it includes when the business will start apeting
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