How to Business Plan Pt 8 of 10 - Your Operations


Looking for a free business plan example?

visit Bplans and get 500+ Sample Business Plans.

Your operations

Your business plan also needs to outline your operational capabilities and
any planned improvements. There are certain areas you should focus on.

Location

  • Do you have any business property?
  • What are your long-term commitments to the property?
  • Do you own or rent it?
  • What are the advantages and disadvantages of your current location?

Production facilities
  • Do you need your own production facilities or would it be cheaper
  • to outsource any manufacturing processes?
  • If you do have your own facilities, how modern are they?
  • What is the capacity compared with existing and forecasted demand?
  • Will any investment be needed?

Management-information systems

  • Have you got established procedures for stock control,
  • management accounts and quality control?
  • Can they cope with any proposed expansion?
Information technology (IT)
  • IT is a key factor in most businesses, so include your strengths and weaknesses in this area.
  • Outline the reliability and the planned development of your systems.

Looking for a free business plan example?
visit Bplans and get 500+ Sample Business Plans.


No comments:

Post a Comment

Was this helpful? Please leave your comments to help and encourage others.