How To Do a Business Plan?

You would wonder how to do a business plan for your own business when this is your first attempt in Business Planning. The good news is that Business Planning is not a rocket science nor it is a complex process that may involve huge cost or time.What is needed is some understanding of what is a Business Plan and use your own knowledge to deal with each component of the business plan.

How to do a business plan based on your business objective?

It is easy say than done  that you may know your business objective. And most people I talked to told me they want to make money from their business as their business objective.  Seriously think about it, is it your business objective? or it is merely one of the consequence or result of you achieving your business objective?

What do I meant by that? Let say by pursuing your business objective ( put that aside what it is ), you ended up with broader customer base, build up your reputation as a company and credibility as a person. Due to these factors, your customer come back to you for more advice which turn into a sale or make repeated purchase of the product you promote. The return of the customer for additional service of purchased a product ended up with high revenue.

How to do a business plan – Start with you Business Objective

Yes, start with you business objective as a foundation in your business planning. Your objective should be a measurable and align to the Vision of your business. Some example of a Business Vision are as follows:-

1)  Reaching out to the community for my knowledge

Then your business objective is an articulated set of measurable that are align to this vision. Example: Enroll 100,000 subscribers to your newsletter by December 2011

You may notice that by the time you achieve your business objectives of 100,000 subscribers by December 2011, your would have a long list of potential customer who may read you periodic promotion in product or service which tune into revenue. A business objective help you to keep focus and hence all the key action you plan to carry out to get the 100,000 subscribers are therefore valuable contributor to your Vision.

View a video How to Create a Marketing Plan and see what you can learn about “How to do a business plan”.

Marketing is a Key Strategy for any Business Plan

One of the key strategies / Key action for any business plan is to enhance its Marketing Initiatives. Traditionally, Marketing is focus on the 4 Ps – Namely:-

Product / Price / Place / Promotion

PLACE: Depending on your business, the more people know you, the better it is. therefore, the key to an effective marketing is to REACH OUT to as many people as you can.

Of course there are many ways to reach out to people but which is the most effective yet low cost method? One very effective method is the DIGITAL MARKETING

What is Digital Marketing

It is   New Way of Marketing your business to the market place. The strategies in Digital Marketing includes:-

• Internet Marketing
• Viral Marketing
• eMarketing
• Niche Marketing

Why Digital Marketing

1. Your competitors are not doing it ( YET )
2. A low cost long term Marketing Channel
3. Add Value to your prospect or customer
4. Technology Driven – speed is the most important factor
5. Unlimited 24/7 exposure to mass media at no extra cost

What do you need to do an effective Digital Marketing

You need a highly exposed Website  that are :-

- High ranked in Google, Yahoo and MSN etc

- Provide Value Add to visitor / customers

Why KIS Consulting can assist you to rank high your website-

• We use legitimate methods to rank websites that stay at high ranking
• Our proven track records – see attached page

Proven Records – Try do a google search on the following keywords and you will find my client’s and my own websites listed in google page 1 :-

1. “management style” and you will find my website http://managementstyle.org 
2. “swot analysis template” to find my website http://swotanalysistemplate.com 
3. “marketing plan template” to find my website http://marketingplantemplate.org
4. “total quality management” to find my website http://tqmcasestudies.com
5. “fashion design sketches” to find my website http://fashiondesignsketches.org
6. “golf holiday algarve” to find my website http://golfholidayalgarve.org
7. “prom flowers” to find my website http://promflowers.com
8. “baldrige criteria” to find my website http://all4tqm.com
9. “oak dressers” to find my website http://oakdressers.org
10. “piano lesson seremban” to find my client’s website http://melodymusicschool.org 
11. “cctv installation” to find my client’s website http://cctvinstallationservicing.com 
12. “what is good customer service: to find my client’s website http://whatisgoodcustomerservice.com

Making Money Online Marketing Plan is an essential steps in an overall Business Plan. As there are many strategies to making money online, a systematic approach to the Markeing Planning for Making Money Online is essential

The arc bobs against a god.

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How it is done?

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