Business plan is the carrier to put many business ideas into practice in black and white. It has a guiding role in starting a business. A good business plan is not only clear at a glance, but also can increase the confidence of entrepreneurs. No matter how many kinds of business plans there are, there must be a standard, a certain chapter and something that must not be lost. Here are a few elements that need to be implemented in the business plan.

The first element is concept.

It means that in the plan, it should be written so that others can know what to sell quickly.

The second element is the customer.

After you sell something, who are you going to sell it to and who are your customers? The scope of customers should be clear, for example, all women are customers. What can women over 50 use? Are people under five also clients? Where is the appropriate age group should be clearly defined.

The third factor is competitors.

Has anyone ever sold anything? If someone sells it, where is it? Is it in Taiwan Province Province or in the United States? Is there anything else to replace it? Are these competitors directly or indirectly related to?

The fourth element is ability.

Can you understand what you want to sell? For example, if you open a restaurant and the master refuses to do it, can he cook if he can't find anyone? If you don't have this ability, at least your partner should be able to do it, or have the ability to appreciate it, otherwise it is best not to do it.

The fifth element is capital.

Capital can be cash or assets, something that can be converted into cash. It should be clear where the capital is, how much it is, how much part it has and how much it can be borrowed.

The last element is continuity and sustainable management.

What are your plans for the future when you do well in your career? If enterprises want to develop continuously, they must take a long-term view and consider the future.

Expanding the Hardware Necessary for College Students' Entrepreneurship

Hardware 1: the reserve of entrepreneurial knowledge

It is easy for college students to fall into the misunderstanding of being too arrogant and too theoretical.

Because of staying on campus for a long time, I lack understanding of society, especially in market development and enterprise operation.

Therefore, college students should be fully prepared before starting a business. On the one hand, we should rely on working or internship in enterprises to accumulate relevant management and marketing experience; On the other hand, by participating in entrepreneurship training, accumulating entrepreneurial knowledge, receiving professional guidance, charging yourself and improving the success rate of entrepreneurship. (Related news: Girls resign and open online stores with an annual salary of 200,000 yuan)

Hardware II: Capital preparation

You can't make a silk purse out of sow's ears. Nearly half of college students think that "capital is a roadblock to entrepreneurship".

Without funds, even the best ideas can hardly be transformed into realistic productivity. Before you get the funds, you must first know how much money you need, how to get the funds, and how the funds come from.

Entrepreneurs must have a certain business philosophy, whether to choose debt as the source of funds or equity as the source of funds, and what you choose to protect your investors. These basic problems will determine the success of the initial stage of entrepreneurship.

College students should broaden their thinking and raise funds through multiple channels. In addition to traditional channels such as bank loans, self-raised funds and private loans, we can also make full use of financing channels such as venture capital and venture capital.

Hardware III: Technology and Interest

Exchanging intelligence for capital is a characteristic way for college students to start their own businesses. Some venture capitalists are often willing to fund their business plans just because they take a fancy to the advanced technology mastered by college students. Therefore, college students who intend to start businesses in high-tech fields must attach importance to technological innovation, develop products with independent intellectual property rights and attract investors' funds.

Hardware IV: Personal Ability

Entrepreneurship is a process from simple to complex. For example, if you lack judgment on the market at the beginning, you should start with a simple market and accumulate experience.

College students are technically outstanding, but their abilities in financial management, marketing, communication and management are generally insufficient, and they are not familiar with the "rules of the game".

If entrepreneurs want to succeed in starting a business, they should not only have strong execution ability (perseverance and persistence), but also have basic business ability.

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