Advertisement

Subscribe Thailand Professionals

Email Address: First Name: Last Name:

Thailand Professionals Business & Lifestyle Awards 2016

Best Condominium Development Pattaya
Best International Training Company Thailand
Best PR company
Best International Law firm
Best Photographer
Best Real Estate Property Broker
Customer Choice Award
Best Herbal Drink Thailand

5 Steps to Start a Business Plan

Each and every single product or business can’t be successful unless you plan properly. Especially in SMEs, your business plan will make your plan more valuable and effective. There fore planning is the heart of business! Tim Berry, the CEO of Palo Alto Software Inc., and also an expert in business planning has given us an advice how to start and create a business plan in 5 easy steps below:

1. SWOT Analysis

The very first step in analyzing your current status in your business

  • S – Strengths
  • W – Weaknesses
  • O – Opportunities
  • T – Threats

By doing this SWOT analysis, you will truly see the overall in details how your business and company is. This will followed up by even more powerful and effective meetings and further development in your company

2. Deep Down Details

When you finish with your business plan, use them. Once you launch your product or services, you’ll be able to see and manage all different departments which take different responsibilities. Control all the budget, marketing, promoting, logistics, etc.

3. Networking

Doing business in nowadays is a massive different from the past. Not just launch your product and sell it, NO! You need some network to drive your business along the path. Get yourself and your team in to networking events. Plan to meet more and more people to talk and run your business.

4. Truly Understand your Customers

Selling is not just about GOOD in your product, it’s about understand your customer’s need. Aim for the right target group of customers; gender, age, hobby, lifestyle, income, etc. Know how they think and you’ll be able to get in their heart !

5. Aim for the BIG Goal

Vision is a very important characteristic of how a leader should be. Look forward to the next 3-5 years, how your company or business is going to be like. It’s not about destiny that set up how your business is going to be, it’s all about you to make it real.

Planning is a very big and probably be the most issue to think about. You have a freedom to think of any imagination and ideas. So, imagine your future and GO FOR IT !

source

You may also like...

Sorry - Comments are closed

REACH OUT TO THAILAND

SPONSORS

Follow Us here @ThailandProfs

Bangkok

Partly Cloudy
Humidity: 79
Wind: 14.48 km/h
28 °C
26 34
25 Mar 2016
27 36
26 Mar 2016

Thailand Professionals Business & Lifestyle Awards 2016

Best Doctor in Chinese Traditional Medicine
Best Regional News Paper in Southern Thailand
Best Regional News Paper Eastern Seaboard
Best New Training Company
Best New Indian Restaurant (Voted by Tourists)
Best Real Estate Agent Krabi
Best International Journalist
Best Young Social Entrepreneur