Get Started On Your 2019 Business Plan

Get Started On Your 2019 Business Plan

• Get Started On Your 2019 Business Plan is  free article. I challenge you Mr. and Ms. Business Owner, to look further ahead and determine what you want to accomplish for 2019.

 Have you begun working on your strategy for a successful 2019 yet?

As a matter of fact,  most business owners are looking forward to ending their year on a high note. I challenge you Mr. and Ms. Business Owner, to look further ahead and determine what you want to accomplish for 2019.

Keep in mind, when developing this strategy follow the KISS principle – Keep It Simple, Stupid. Don’t over complicate the plan, the process, or turn your strategy into the Magna Carta.

Here are 5 strategies to help you get started:

1.    Incorporate Key People

As you’re developing your plan for 2019, it should be pertinent that you bring your key people into the fold.  If your key people, your managers, your department heads, whoever, aid in the development of your plan, they’ll be more invested in the plan.

2.    Have a Clear Timeline

You should have started your first draft on October 1, but it’s not too late to start right now . Grab a pen and paper and begin jotting down what you want to accomplish, and have your first draft completed by the end of the month, October 31. Reflect on it, make revisions, then have your CPA or trusted advisor take a peak and check for reasonableness, just remember to not complicate your plan.

Have a final draft completed by November 30, and begin rolling it out to employees by the second week of December. Don’t let up on this schedule.

 I’ve seen countless business owners still working on a plan for the New Year in the middle of February. Don’t let this be you!

3.    Determine What You Will Accomplish

“What are you looking to accomplish in the coming 12 to 15 months,” is a question that’s easier asked than answered. Think about sales. Think about profit. Think about your geographical footprint. Are you looking to expand in the locations you service, or are you looking to increase your market share in your area? What about expanding on the services you provide? Perhaps you want to manufacture new products?

Determine how you might be affected by tariffs, fuel increases, potential wage increases, interest rate hikes,  union issues, and more, and create a flexible plan to account for these changes.

Take some time in planning for all possibilities. Don’t have time? Invest one hour of your day and explore the possibilities. That time you spend browsing Facebook can wait .

4.    Resources and Strategy

After you compile a list of what you want to accomplish, look at developing a plan of action to make it work to turn it into a reality. Ensure you have the capital to move forward as well as a strategy that will hit the ground running on the first of January.

5.    Scorecard

Keeping track of your progress throughout the year is a strategy often overlooked by business owners. Break your plan down into goals and milestones to determine where you should be annual, quarterly, monthly, weekly, and daily, and segment that by each department.

If issues begin to rise, you can react much faster by knowing exactly what’s happening and which department it’s affecting.

As you’re developing this plan, just remember to follow and live by the KISS principle. Take the lessons you learned last year and apply them to the next. 

If you need help getting started on developing a plan, or you don’t know where to begin, jot down your ideas on a piece of paper and send it to us for a free evaluation via  www.chrisfarmnigeria.com

Do you know you can actually save yourself off this stress?

Engage CHRIS FARM NIGERIA to give you a professional business plans and a feasibility that will suit you demand today.

Chris Farm Nigeria develops well self-explanatory, irresistible feasibility studies or business plan for your Business start ups, Business Growth or Expansions through either personal funds, Grants, or loans, which could be new or existing ones. We delight in writing for people under Academic sectors, production sectors, manufacturing sectors, processing or packing sectors, advertising sectors, marketing sectors and other related sectors on mini, middle and large scale businesses.
For your Agribusiness, either production, processing, marketing of any Agro-industry, our feasibility studies or business plan are explicit. 

Generally, our feasibility study and business plans are developed so well that it becomes irresistible when you show them to your investors or sponsors. It gives you a clear picture of what you are expected to see when you put the feasibility study or business plans into use. It also shows how much it will cost you to own your desired business, what your money can afford. The kinds of product you will need to minimize input in other to maximize output, and how much returns you will get at the end of each accounting year until your business break-even on its initial investment capital. This will give the intending business person or investor or farmer, a vivid idea on the possible benefit he or she stands to gain, when he or she starts doing the business. With that, the intending business person or investor or farmer will not need a soothsayer to make decision for him or her.


You can use this format in developing your own business Plans and feasibility Study

OUR TABLE OF CONTENT INCLUDE;

SECTION 1(Business plan section)

• SECTION I – EXECUTIVE SUMMARY
• NAME OF BUSINESS / COMPANY
• OFFICE & SITE LOCATION
• MOTIVATION
• MISSION STATEMENT
• SOCIAL/ECONOMIC VALUE
• PROJECT STATUS & START UP
• WHY PREPARE THIS BUSINESS PLAN?
• SECURITIES FOR THE PROPOSED LOAN
• REPAYMENT
• SECTION II – STUDY AREA
• STUDY AREA
• COMPANY OVERVIEW
• MANAGEMENT TEAM
• DEPARTMENTS IN THE COMPANY
• EXPERIENCE
• MANAGEMENT TEAM GAPS
• SECTION III – INDUSTRY ANALYSIS
• DEFINING YOUR INDUSTRY
• YOUR INDUSTRY SIZE GROWTH RATE AND SALES PROJECTIONS
• INDUSTRY STRUCTURE
• MARKET OVERVIEW
• MARKET SEGMENTATION
• RELEVANT MARKET SIZE
• KEY SUCCESS FACTORS
• LONG TERM PROSPECTIVE
• MARKET CHARACTERISTICS
• SAMPLING TECHNIQUE
• SECTION IV – CUSTOMER ANALYSIS
• TARGET CUSTOMERS
• CUSTOMER NEEDS
• MARKET NEEDS / SOCIAL PROBLEMS AND SOLUTIONS
• BUYERS BEHAVIOUR
• MARKET SHARE
• SALES FORECASTING
• SECTION V – COMPETITIVE ANALYSIS
• DIRECT COMPETITORS
• COMPETITIVE ADVANTAGES
• SECTION VI – MARKETING PLAN
• PRODUCTS & SERVICES
• FINISHED PRODUCTS
• PRODUCT QUALITY AND PRODUCTION QUANTITY
• PRODUCTION CAPACITY
• PRICING
• PROMOTIONS PLAN
• DISTRIBUTION PLAN
• SECTION VII – OPERATIONS PLAN
• GENERAL APPROACH TO PRODUCTION
• TECHNICAL ANALYSIS / PRODUCTION PROCESS
• EQUIPMENT
• PACKAGING REQUIREMENTS
• SECTION VIII – FINANCIAL PLAN
• REVENUE MODEL
• FINANCIAL ANALYSIS
• FINANCIAL ASSUMPTIONS
• FINANCE CHARGES
• FINANCIAL PROJECTIONS
• FUNDING REQUIREMENTS/USE OF FUNDS
• CRITICAL ASSUMPTIONS

SECTION 2(Feasibility study section)

• FINANCIAL MODELS
• SUMMARY OF PROJECT COST
• BUDGET OF FIXED ASSETS / CAPITAL EXPENSES / INVESTMENTS
• DEPRECIATION
• UTILITIES
• OPERATING EXPENSES (OPEX)
• TOTAL REQUIRED INVESTMENT OUTLAY (REQUIRED START-UP CAPITAL)
• FINANCING PLAN
• INSTALLED / AVAILABLE EQUIPMENT
• BREAK-EVEN ANALYSIS
• LOAN REPAYMENT SCHEDULE AND INTEREST PAID
• FORECAST OF PROFIT AND LOSS
• CASH FLOW
• BALANCE SHEET
• GENERAL ASSUMPTIONS (BREAK EVEN ANALYSIS)
• BUSINESS RATIOS - PROFITABILITY ANALYSIS
• CONCLUSION
• SECTION 3 – APPENDIX

   Click other related clicks that may interest you below;

 

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A PREPARED FEASIBILITY STUDY FOR CATFISH FARM IN NIGERIA 

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CASSAVA PROCESSING MACHINE

GRASS CUTTER/ CANE RAT PRODUCTION, BEST SELLER

How to handle and manage Snail farming

Rabbit Management

MANAGEMENT OF RABBITS, BEST SELLER

·         NOTE; According to our policy, we are not “allowed / permitted” to disclose peoples business or written feasibility study, “to anyone”, irrespective of their personality.

·        BUT, WE are permitted to display only executive summary.

·         This is just a sample of our executive summary on poultry feasibility study and business plan, carried out in Rivers State. 

·         1^st sample;

These Feasibility study on poultry farming business (specializing on layers and boilers production), was conducted using projections, impressive publications, compounding interest/values, tables, graph, bar chart, pie chart, profits analysis and cash flow positions in other to give a clear picture of what is obtainable in that location, using eight plots of land, at Esemdiary village, Off Effurun Sapele Road, Okpe LGA of Delta state, Nigeria as a case study. 

Esemdiary village is a community in Okpe Local Government Area of Delta State with coordinates 05°26’N 5°57’E, which also plays the host community to the Warri Airport, which is actually located at Osubi. 

Okpe Local Government is a territory that used to be part of the original Okpe Kingdom, its headquarters is at Orerokpe, with a population of 128,398 people whose primary occupations include commercial farming, fishing, hunting, trading and gas exploration. 

After carrying out the feasibility study on Esemdiary village, Off Effurun-Sapele Road, Okpe LGA of Delta state, Nigeria, it was discovered that, farming generally will do well both on crop and animal production.

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If it is an E-Book, project materials, written project or written feasibility study, it will be sent to your immediately as soon as your transaction reflects in our account.

Please note; it will take ten working days to write (or prepare) a feasibility study or a project on your request.

Our bank details are on the website page, Just click on payment to get them

After placing your order, SMS your payment information (Manual title,

Name on teller, payment teller number, and your e-mail address)

E.g. catfish, Kelechi Bisi Amina,531796,allpurpose@yahoo.com

To +2348036925718 or +2348051270981 once I confirm your payment.

The material will be sent to your immediately! By e-mail Trust us 100% to do that.

Advantages of sending your request via email your e-book (electronic book) is downloadable from your e-mail box which allows you to read and print out this book

• Zero shipping costs.

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Thinking that we might live you after your purchase? Definitely no!

With the CBN policy in Nigeria via bank verification number (BVN), is almost impossible to steal your money from bank transfer or bank payment.

We assure you of maximum support when you need us. Please, do not hesitate to ask us for the way forward.  

Get in touch with us today on our phone numbers or send us an email. We await your response……………………….

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EMAIL: chrisfarmnigeria@gmail.com

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• Floating/Sinking Fish feed
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