Wednesday, 5 October 2016

The Importance of Strategic Business Planning

Some people call me and say Dominion; I need a business plan next tomorrow. See! Writing a business plan is no doubt a hard task. But it’s very essential, and it comes with lots of long-term benefits.

 The planning process forces you to understand more clearly what you want to achieve as well as how and when to take each step towards achieving it. I can't write a business plan without your contribution, anybody that promise to write a business plan for you without your major contribution is a BIG joker! 

Even if you don’t need financial support from third-parties, a business plan can play a vital role on helping you avoid mistakes or recognize hidden opportunities and challenges. Of course, it is much easier to fold a sheet of paper than it is to fold a business.
Now how can you make your executive summary stand out? What are the most important details to include in the different sections of your plan? How do you present financial projections? You will get answers to these and other questions when we interact.
Why I Wrote this Small Business Plan blog
Severally, I have met different individuals with brilliant business ideas roughly sketched on paper. But when I asked these individuals of their business plan, the usual reply I get is this:
·                I don’t know how to write a business plan
·                I don’t have time to write a business plan now, maybe some other time
·                I don’t have money to hire a business consultant to write a plan for me

If you have ever bore any of the thoughts above in your mind, then you are the reason I created this blog. I want to take the stress of writing a business plan away from you and most importantly, I want to teach you how to write your own personal business plan without hiring anyone. This is the sole reason why I created this blog.
Yes, the reason I called it a personal business plan is because a business plan should be personal. A business plan should not just be a file or document; it should be your dream in written form. In fact, I advocate that you write your business plan yourself; so that it will be engraved in your heart.
My Business Plan is Me
Now using myself as an instance, if you wake me up in the dead of the night, or you happen to run into me in a restaurant or fast food outlet and you ask me about my business; I will tell you everything you need to know about it. In fact, I don’t need to look into a book or tablet to do a business plan presentation to investors or lenders; I will just talk off-hand without memorizing or rehearsing anything. Why?
The reason is because I wrote the business plan myself. Yea, I may work with an accountant or attorney to get the technical facts I need but the bulk work will be done by me. This is the level I want you to aspire to, especially if you are just starting your first business.

Who I Created this Business Plan Blog for:
I created this blog for three set of individuals:
  •  Entrepreneurs who are just starting out in business and want to write their own business plan.
  • Established business owners who want to expand their businesses and need a business plan.
  • Those seeking funds (grants, loans or equity) to finance their business project.

7 Tools You Need to Write a Business Plan
To ensure a smooth writing and planning process, there are certain tools you need. Example of these tools are:
1.      A Pen
2.      A book
3.      A laptop or desktop computer or tablet
4.      Microsoft Word & Excel spreadsheet
5.      Electronic calculator

Needing Help or Guide to Write a Business Plan to Wao Your Investors?
We can help you to write a business plan on the following but not limited to the list below.
Agro-Businesses
  •     Fishery
  •     Poultry farming
  •     Snail farming 
  •     Grass Cutter
  •     Vegetable farming
  •     Dog Breeding
  •     Sachet/bottle water production
  •     Cold room (Frozen food)
  •     Poultry farming – Egg production, meat production, etc.
  •     Cattle Farming – Dairy (milk) production, beef, etc.
  •     Rabbit Farming
  •     Goat Farming
  •     Sheep
  •     Piggery
  •     Quail Farming
      To wrap it up, I can help you access loan of one digit interest rate per year to take your business to another level. I will also be discussing grant opportunities in Nigeria. The YES-Program is ongoing and I'm privileged to be part of it along side with people that I helped to write a simple business plan.  I also partner with major government support agribusiness school in Nigeria that disburses the CBN 220 billion naira loan to farmers and trained youths on Agribusinesses. So what are you waiting for before you take action? Call us on 0703-890-1997, lets discuss.




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