The process of putting together a business plan, including the thought you put in before beginning to write it, forces you to take an objective, critical, unemotional look at your business project in its entirety. The business plan is an operating tool, which, if properly used, will help you manage the business and work effectively towards its success.

The importance of planning cannot be over emphasized. By taking an objective look at your business, you can identify areas of weakness and strength, pinpoint needs you might otherwise overlook, spot opportunities early, and begin planning how to best achieve your business goals.
The business plan also helps you see problems before they grow large and helps you identify their source, thus suggesting ways to solve them. A well-prepared business plan will even help avoid some problems altogether.

The business plan also provides information needed by others to evaluate your venture, especially if you will need to seek outside financing. A thorough business plan can quickly become a complete financing proposal that will meet the requirements of most lenders.

Since many business plans are submitted to banks or other sources of financing, it is important to realize how a banker analyzes a business plan and what questions will be asked during this analysis. A bankerโ€™s job is to assess the degree of risk for each proposed loan and to be satisfied that the loan can be repaid by the borrower while still allowing the business to operate profitably.

This analysis is based on factors such as: the nature of the business, the purpose of the loan, the amount of the loan, the ability to repay the loan and the character and management skills of the business owner.

Bankers, lawyers and certified public accountants are professionals in their fields and should be included in the planning at whatever point their knowledge and expertise can be helpful. You must do the work. A professionally prepared business plan wonโ€™t do you any good if you donโ€™t thoroughly understand it. That level of understanding only comes from being involved from the very start. The best way to enhance your chances of success is to plan and follow through on your planning. It is also important to note that there are numerous software packages on the market that will assist you in preparing your business plan. However, you should not rely on the software and simply โ€œfilling in the blanksโ€ โ€“ you must understand the document and avoid preparing a document that has a โ€œcookie cutterโ€ look to it.

It is important to emphasize that businesses with several years of successful operation will find it far easier to obtain financing than start-ups, as lenders will be much more receptive and confident in your ability to repay a loan at that point. In fact, without a strong business plan that has realistic expectations and forecasts, demonstrates managerial experience, and provides collateral, it may be impossible for a new business to get extending financing for a new venture as they represent a high risk of default.

This doesnโ€™t mean you canโ€™t get a loan as a start-up, but rather that you will have to compensate for the lack of a track record by being strong and well prepared in other areas. Demonstrate by your enthusiasm and the thoroughness of your business plan that you are committed to the venture and that it will succeed. Keep in mind that when applying for a loan; youโ€™re selling both yourself and your business.

The business owner should remember that he/she bears the financial responsibility for all decision-making and that the success or failure may be the result of these decisions.

Remember that as you develop your business plan, you may have to modify or revise your initial questions.

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๐Ÿ“Œ Where you wait for the bus ๐ŸšŒ doesn't matter but your relationship with driver does

There's an old story of the boy who stood on a sidewalk, waiting for a bus. A man walking by spotted the boy and gave him some gentle instruction. "Son," he said, "if you're waiting for the bus you need to move to the street corner. That's where the bus stops for passengers."

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๐Ÿ“Œ What is a Business Plan?

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๐Ÿ“Œ Children speak their mind!!!

Teacher: How old is your father?
Kid: He is 6 years.
Teacher: What? How is this possible?
Kid: He became father only when I was born.
Logic!!๐Ÿ‘Œ๐Ÿ˜ณ

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๐Ÿ“Œ Basic business skills

Starting up and running a business requires special skills such as careful planning, research risk assessment, commitment and patience.

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I WANT TO BE A TV

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๐Ÿ“Œ Where to look for business opportunities

(1) They can develop/evolve as a result of your personal background including your previous jobs, hobbies and personal experiences, or
(2) From opportunities in the external environment or general market place

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๐Ÿ“Œ The sin of pornography

*THE SIN OF PORNOGRAPHY:*
*"
*
Porn was not made for entertainment or fun it
was made purposely to destroy both the actors
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That is what result in masturbation and all abominable sexual act.

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๐Ÿ“Œ Assessing the Viability of the business Idea

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๐Ÿ“Œ Think Critically act Positively


1. ON EARNING:
Never depend on single income. Make investment to
create a second chance.

2. ON SPENDING:
If you buy things you do not need, soon you will have to sell things you need.

3. ON SAVINGS:
Do not save what is left after spending, but spend what is left after saving.

4. ON TAKING RISK:
Never test the depth of a river with both feet.

5. ON INVESTMENT:
Do not put all eggs in one basket.

6. ON EXPECTATIONS:
Honesty is a very expensive gift. Do not expect it from cheap people.

7. Past is a waste paper, present is a newspaper, and future is a question paper. Come out of your past, control the present, and secure the future.

8. When bad things happen in your life, you have three choices. You can either let it define you, let it destroy you or you can let it strengthen you.

9. Our eyes are in the front because it is more
important to look ahead than to look backwards.

10. We use pencil when we were young, but now we use pens. Do you know why? Because mistakes in childhood can easily be erased, unlike now. So read and write carefully, otherwise, life will be a
tissue paper.
__

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A How to become smarter

Exercise Your Brain Just like you workout to build and strengthen your muscles, your brain, too, requires proper exercises to sharpen itself. Often, it is assumed to be a useless body part, but this is not true. As such, whenever you are engaging yourself in some activities, you are exercising your brain. Consider practicing activities, such as puzzles, crafts, reading, painting, gardening, and other recreational activities that will refresh and rejuvenate you and your mind, in particular. Read Quality Books Most of us love reading. But we often end up reading fiction, suspense, or romantic books. However, these books do not mentally stimulate us. So, if you really want to improve your thinking and writing skills, pick up books that force you to really focus. Read a classic novel that changes your perspective towards this world and exposes you to precise, elegant English. Do not feel shy to pick up new words and find their meanings. This, in turn, will make you smarter with a more comprehensive vocabulary. Make reading fun as well as useful. Avoid The Idiot Box What do we do after a long tiring working day? Pick up a bag of chips and a can of cola only to land up in front of the television. Though there is no problem with refreshing yourself while watching a reality or a talk show, it doesn't really put your mental capacity into use. Further, watching television continuously does not relax you, instead, it exhausts you. Hence, pick up a book or magazine when you want to relax. Or, switch off the idiot box when you have friends or acquaintances around and indulge in a conversation instead. Learn A Foreign Language Researches indicate that learning an unknown foreign language boosts brain power. Quite smart, indeed, right! Learning and understanding the foreign culture through the language induces your brain to implement its muscles. Identify Your Qualities All of us have had our share of several idols and dream jobs during childhood. A scientist, a social worker, an airhostess, a 40-wheel lorry driver, an astronaut, or even a rock star! But, in reality, how many of us are really able to convert our childhood dreams into a reality? Probably, just one out of hundred. That's because to move onto their paths, we need to understand the values, commitment, and endless efforts to meet the requirements and achieve our goals. However, this should not be mixed with our idols. For if we try to imitate our idols, we will only land up making a fool out of ourselves and not creating a niche amongst the rest. Hence, it is important to identify your qualities and be yourself rather than being others.

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A Clear explanation of Planning

Planning means looking ahead and checking out future course of action to be followed. It is a preparatory step. Planning is a detailed programme regarding future course of action. It determines on when, how and who is going to perform a specific task

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A Tips of being yourself

Who Are You? There's no possible way you can be yourself without knowing who you really are. You pretend to idolize football player David Beckham because your neighbor does and you want to gain his approval. Soon enough you will realize that you don't know what interests you because you've been whiling away time with what least interests you. Understand yourself, figure out where your deepest passion lies and be proud of your qualities. Contemplate your life and the choices you've made. Take personality tests and you will eventually disentangle the buried mesh of what had been your true interests and hobbies all along! Accept it with pride! Forget The World! So what if the person besides you passed a nasty comment on your outfit. As long as you're comfortable, does it really make a difference to your welfare? Or do you hesitate to raise your hand in class to ask the question that's persistently been pestering you simply because you fear your classmates might find it silly and doubt your intelligence. Why is their opinion even worth it? You should feel stupid for putting their opinions before your clarity on the subject! Forget the world, live your life and be yourself. Happiness will be right behind you! Breathe & Be Honest Why do you want to live through the rest of your life safeguarding your sticky web of lies? Life is never rosy for anybody. Maybe at the beginning, you might not be as fortunate as certain other coveted beings. Nevertheless, if you hold your breath and take each day as it comes, life's delicate balance will soon manifest itself. There is no good reason to be ashamed of who you are. Whether it's a physical or mental shortcoming, the most trusted way to overcoming it is by acknowledging it with courage. We are all blighted with flaws and by hiding them, we are only adding to that list! Express Your Individuality The moment self-confidence is on your side, a beautiful and unique personality will blossom! Standing out isn't easy but it usually comes from within. It might be a skill, or a manner of speaking or infectious charisma. Build up on a character that singles you out from everybody in your planet. Be yourself. Even oddly colored slippers might accentuate your eccentric character after which you might garner admiration from different sides. Don't be a prototype, be a proud unique individual. Believe In Yourself Take off that hideous mask and unleash the beauty hidden underneath its eternal ugliness! If you try to be what you're not, you're going to be unhappy through the remainder of your fake life. Thrive on solitude, engage in soul searching and you will soon be well acquainted with your new best friend- The Real You. Life will soon turn into a elongated party interspersed with memorable episodes of sadness, joy, laughter, bitterness and all the emotions experienced in the life that is worth living!

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A Ways. To increase concentration

Pick a valid subject of concentration. If there is no passion or plausible motivation, then your task of concentrating is going to be one hell of a challenge! Remember how you used to do the laundry or mow the lawn so half heartedly and the outcome was a disaster? Analogously, you cannot ace your mathematics test if you resent it and hence if you fail to concentrate, you will also fail the test! The Five More Rule is a technique that has certainly helped many individuals who invariably fall short of concentration. You set a target to finish a fixed amount of work or studying. However, ten minutes later, you are already tempted to step out for a smoke or check the football game score. Block all lures and enticements to immerse your heart and mind into achieving your goals. Solve five more math problems or dedicate five more minutes to a chapter of history, or else face guilt when you indulge in play. To your delight, five minutes is all it takes to engross you to such an extent that you forfeit your break! Stretch your attention span and build mental endurance! If you are convinced you have the world's lowest attention span, here's an interesting exercise. Walk into a movie theater and catch up on a random gripping action or drama film. Thirty minutes into the movie, shift your gaze from the screen and look around. What do you see? Probably a hundred riveted faces. If you stare long enough, you will notice how rarely they blink. Only a false alarm of a fire breakout could distract them! Observe the audiences and learn the art of concentration as they stay still scene after scene. To encourage your strong desire to maintain concentration, eliminate stumbling blocks such as multi-tasking, blaring radios or TV sets and flashing multi-colored lights.

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A I hope everybody will reflect on this

1. If you are SINGLE and keep on saying "I DON'T TRUST MEN OR WOMEN!" Remember your mates are getting married every Saturday. Let me ask you, are they marrying spirits? Wise up!

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A Developing Business Ideas and Opportunities

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A Later of stoping job

LETA OF STOPING JOB.
Dear bhosi
I ryt this leta to refuz job as gardenboy. Enafu is enafu! Yu didi not add money from long ago. U giv mi young money witch can only by 5 pakets of shuga. Very moon yu giv envilope, I open only to c young money inside. One de I weo ap let bcoz I was seek, madam kik me lyk soka. My board was hate lyk I waz bitten 619 race-ling. This is ova, am also a woman beeing.

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A Thanking God

๐Ÿ‘๐Ÿ‘THANKING GOD ๐Ÿ“–

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A Where do entrepreneurs come from and how do they develop?

If you choose an entrepreneurial career much will depend on your ability to learn quickly from experience, cope with uncertainty, respond to changing circumstances, and deal with unexpected critical incidents. You will find these things less difficult if you develop your general enterprising tendencies.

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A Beautiful story

Couldn't resist sharing this beautiful story ๐Ÿ˜Š

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A Heart touching story

<HEART TOUCHING STORY>
.
A boy and a girl Loved each other very much.
Unfortunately the Girl Died..
The Boy was So Upset and he couldnโ€™t Stop his
Tears.
.
He kept on Crying Day and Night.. Many People
gave him Sympathy,
but no Argument could Stop His Tears.
.
One Night He Slept and had a Dream;
.
He saw the Girl in Heaven with so many Girls of
Her age.
He felt Relaxed.. But He Noticed that every Girl
was in Fairy Dress;
and had a Lightened Candle in their Hands, but
his GF had a Candle which was not.Lightened..!
.
He asked Her:
โ€œWhy is Your Candle not Lightened?โ€ She Replied:
โ€œWhenever I lighten My Candle;
Your Tears fall on it..!
Please Stop Cryingโ€ฆ
.
PRAYER !! !! !!
.
TODAY I PROPHECIES THAT YOU WILL NEVER
LOOSE ANYONE YOU LOVE ON EARTH
PREMATURELY.
.

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