How to make a business project

For the realization of a business project it is necessary to know perfectly what are our main objectives and what services or goods can compete in the market. You have to know how to explain in no more than 2 pages the origin, the motivation and the objectives of the creation of the company. If you want to start a business project you have to have a necessary economic base to be able to prevent mistakes of beginners and thus ensure the future of the company.

Data of the creators of the project.

All the data (name, age, training, email address, etc.) of the creators of the business project must be put in, so that future investors can know on paper whom they are going to trust their money.

Introduction and description of the product.

Make a small introduction of what will be done in the company and how. What products or services will be introduced in the market. Noting the main points of the business project to take into account. All this without putting very specific things, such as number of employees, initial investments, etc.

Carry out an analysis of the alternatives to the good or service that is intended to be sold.

At this point it will be very important to make an exhaustive study of the alternatives that could compete with the service or product that you are trying to sell. Compare what advantages and disadvantages you would have with respect to the other alternatives.

Do an exhaustive study of the market.

This would be one of the most important points of the business project, since doing a good market study, you will know which customers will be interested in your products and thus get good market share. If you manage to narrow down the sector of the most suitable market for your project, you will have a great advantage over your competitors and you will be able to position yourself better in the future.

Conducting a study of the necessary resources.

Know perfectly how many human and material resources will be necessary for the development of your business project . Describe to perfection the activity that will be carried out in the company, the location, hygiene and safety study, etc.

Financial economic evaluation.

At this point, investment costs will be considered, separating them into direct and indirect costs. Know the operating costs, make the forecast of income, perform the calculation of the profitability of the investment (payback, VAN, TIR).

Tips
  • There are several organizations and public institutions that will help you create a business project