As i have been trying to finish my project, I haven't really posted that much of the progress of my work and the research that i have carried out.
Great Business (2019). Great Business | Write a business plan. [online] Available at: http://www.greatbusiness.gov.uk/writing-a-business-plan/ [Accessed 1 Sep. 2019].
LEICESTER CITY COUNCIL. (2019). Become a trader at Leicester Markets. [online] Available at: https://www.leicester.gov.uk/business/start-up-and-growth/become-a-trader-at-leicester-markets/ [Accessed 1 Sep. 2019].
As i stated in the previous post, i started the project using a template I downloaded from a website called score.
This is how a typical structure of the sections in the template looks.
Due to the way the template has been structured, it has made it very easy for me to create a business plan to the point where little research is required.
In a situation where i am confused, I go to Bplan website. This is because it is very helpful and it has everything i need to know on a business plan.
For example :An article on how to understand a particular section in a business plan has been written by various people which means that i can get the same information from the same website and with a different explanation of the section from different authors.
That is not to say i did not further my research . I did by looking at other form of texts such as a book called ‘Guide to a successful business plan’ (Friend and Zehle,2009) This book assisted in my research process by giving me techniques and tips required for business plans to grow into an established business, which was the goal of my project: to look credible. I also looked at two books by Iain Maitland called The business planner by Ian Maitland(1992) and Business plans in a week by Iain Maitland(2002) this helped in the financial section of my project because it helped explain the various types of financial projections and their uses in a business plan.While doing this,i would always compare these two books to Preparing Effective Business Plans by Barringer(2015) because i felt like all of them had the similar information but explained them differently ,so i used one when i couldn't understand the other which assisted in the development of my project.
In addition,using the Leicester City Council (2019) as a source it helped to give me some understanding on how the Leicester market is,how to enter ,the requirement and what to expect which was really helpful.
In addition,using the Leicester City Council (2019) as a source it helped to give me some understanding on how the Leicester market is,how to enter ,the requirement and what to expect which was really helpful.
All these sources were my key research that i went back to when confused .
I think theses sources helped in the creation of my major project greatly as they give me a deeper understanding of all aspects of business planning by explaining structure which was
- Executive Summary
- Company Description
- Products & Services
- Marketing Plan
- Operational Plan
- Management & Organisation
- Financial Plan
- Appendices
Most of my research focused on the structure of the business plan because I did not have prior knowledge about writing business plans and I wanted to produce a work that seemed like someone who had prior knowledge.
Being that it was a start up business for African snacks, I already have a food blogger that i use when i am making my African delicacies called Sisiyemmie. so i used her food blog to help me familiarise my self with the recipe of the snack i was going introduce in the Leicester market
Being that it was a start up business for African snacks, I already have a food blogger that i use when i am making my African delicacies called Sisiyemmie. so i used her food blog to help me familiarise my self with the recipe of the snack i was going introduce in the Leicester market
In my next post i will show the final result of my project and the way i will put it on my website.
Reference
BARRINGER ,B (2015) Preparing Effective Business plans;An entrepreneurial Approach. 2nd ed. Harlow :pearson Education
FINCH, B (2006) How to write a business plan. 2nd ed.. London and Philadelphia : Kogan Page.
FRIEND, G. AND ZEHLE, S. (2009). Guide to Business Planning. 2nd ed. London: Profile Books Ltd.
SCORE (2019)Business Plan Template for a Startup Business [Online] Available from: web address https://www.score.org/resource/business-plan-template-startup-business [22/08/2019]
Start Up Loans. (2019). Business Plan Template. [online] Available at: https://www.startuploans.co.uk/business-plan-template/ [Accessed 1 Sep. 2019].
GOV.UK. (2019). Write a business plan. [online] Available at: https://www.gov.uk/write-business-plan [Accessed 1 Sep. 2019].
Reference
BARRINGER ,B (2015) Preparing Effective Business plans;An entrepreneurial Approach. 2nd ed. Harlow :pearson Education
FINCH, B (2006) How to write a business plan. 2nd ed.. London and Philadelphia : Kogan Page.
FRIEND, G. AND ZEHLE, S. (2009). Guide to Business Planning. 2nd ed. London: Profile Books Ltd.
SCORE (2019)Business Plan Template for a Startup Business [Online] Available from: web address https://www.score.org/resource/business-plan-template-startup-business [22/08/2019]
MAITLAND, I. (1992).The Business Planner: A Complete Guide to Raising Finance for Your Business. london: Butterworth:heineman Ltd.
MAITLAND, I. (2002). Business plan in a week. 3rd ed. london: hodder headline.
Start Up Loans. (2019). Business Plan Template. [online] Available at: https://www.startuploans.co.uk/business-plan-template/ [Accessed 1 Sep. 2019].
GOV.UK. (2019). Write a business plan. [online] Available at: https://www.gov.uk/write-business-plan [Accessed 1 Sep. 2019].
Great Business (2019). Great Business | Write a business plan. [online] Available at: http://www.greatbusiness.gov.uk/writing-a-business-plan/ [Accessed 1 Sep. 2019].
LEICESTER CITY COUNCIL. (2019). Become a trader at Leicester Markets. [online] Available at: https://www.leicester.gov.uk/business/start-up-and-growth/become-a-trader-at-leicester-markets/ [Accessed 1 Sep. 2019].
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