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EASES- connecting Europe and Africa through Technology, Business and Talents.

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Euro-Afric Systems Enterprises

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Business plan and planning
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Business plan and planning.

  • Strategic plans usually focus on the entire organisation, while a business plan focuses on a particular product, service or program of the organisation. The following is a simple guide to business planning:

    1) Define Your Business Vision:
    Defining your vision is important, since it will represent the driving force of your business. Here are questions that will help you clarify your vision:

    - Who is the customer?
    - What business are you in?
    - What do you sell (product/service)?
    - What is your plan for growth?

    2) Write Down Your Goals (Mission):
    Create a list of goals with a brief description of action items. If your business is a start up, you need to put more effort into your short-term goals.

    Create two sets of goals:
    - Short term: range from six to 12 months.
    - Long term: can be 2 to 5 years.

    3) Competition:
    - How is your business unique, and why will your goods or services appeal to customers?
    - What are the primary differences between your company and your competitors?
    - What are the driving factors to choose your business over another?
    - What is the underlying reason a customer would do business with your company?
    - What is your primary competitive advantage?

    4) State your Strength and Weaknesses

    5) Highlight the risks, risk assessment and risk management program/ strategy.

    6) Financial and budgetary matters, including the following projections:
    - Income & Expenditure
    - Cash flow (i.e. source and use of cash; and future cash availability)
    - Balance Sheet (Assets and Liabilities)

    7) Management and Staffing issues
    - etc

  • We can help in preparing business plans

    For more information, please click about the proprietor.

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