Establishing a Business
This involves developing the business idea or concept.
Conceptualisation
Gathering the necessary resources and organising them in an efficient way so that production flows and goals are met.
Planning
Working with many organisations, stakeholder groups, government, communities etc. whey they create new business or expand existing ones.
Collaborating
The summary of the other parts of the business plan and gives a quick synopsis of the business and its layout.
executive summary
Many businesses require a suitable supply of power and water as their equipment and machinery are dependent on them.
Access to power and water supplies
The things that you will need to run the business such as materials, machinery, premises and people
Identification of Resources
Identifying various sources from which finance can be obtained to start the business.
Accessing finance
Supporting economic, social and political integration and development within a country.
Contributing to nation building
An in-depth description of the finances predicted for the business.
Financial Forecast
Safe and reliable transportation is vital. Getting to and from the premises easily is important.
Access to roads, ports and other infrastructure
A 'road map' for setting up and running the business. Details of how resources will be organised.
Operation of the Business
The performance of business should be monitored and assessed against targets so that measure can be taken if the business if underperforming.
Evaluating
Developing goods and services that consumer need and want and are willing to pay for.
Providing good and services to satisfy citizens
A detailed plan that sets how each team, section or department will contribute to the achievement of the organisation's goals.
Operational Plan
setting up where there is access to the skillset required for the jobs made available by the business
Supply of labour
Money needed to start and run the business. May be personal funds, borrowed from friends and family, a bank loan or investors.
Acquisition of funds
Operating the business
The creation and expansion of business providing employment opportunities both within the business and with suppliers.
Creating jobs
It includes various ways that marking will organised and the information on marketing strategies which will be used.
Marketing plan
In the event that workers are injured or need medical assistance.
Access to health facilities
Creation of a business plan
If the business fails or succeeds, the entrepreneur is solely responsible for the outcome.
Growing the economy in various ways such as international business, tourism
Earning foreign exchange
This section gives a description of the product or service.
The business opportunity
Developing close to suppliers
Access to raw material