A well-prepared business plan serves as a foundation for your company’s success. Whether you're launching a new startup or planning to expand, having a detailed business plan keeps you focused. Executive Summary It should highlight the key points of your business.What to include in an executive summary: - What your business is called and where i
If you’ve ever considered of becoming your own boss, now is the perfect time to take action. No matter your background, you can turn your vision into reality by following a structured approach.Identifying Your Business ConceptEvery great business begins with a solid idea. Your business idea should answer the following:- Which industries inte
Starting your own business from scratch can be both exciting and overwhelming. Discovering Your Business NicheThe first step in building a business from scratch is discovering a solid idea. Consider industries that are growing and align them with your expertise. Reflect on the following: - What problems can I solve?- Who would benefit from my pr