China business plan is an essential roadmap for a business to be success in the future. It is the most important document needed for the investors for starting business in China. This living document generally projects 3-5 years ahead and outlines the route a company intends to take to grow revenues.
A well-written business plan can mean the difference between success and failure -- not only when it comes to securing capital, but also as it relates to actually running your company. The business plan provides a roadmap that explains how the company will get from point A to point B. It is necessary to ask the professional lawyer to draft the business plan before entering into investment.
China Business Plan- Reasons to do a business plan
• To identify problems in your plans before you implementation.
• To get the commitment and participation of those who will implement the plans, which leads to better results.
• To establish a roadmap to compare results as the venture proceeds from paper to reality.
• To achieve greater profitability in your organization, products and services -- all with less work.
• To obtain financing from investors and founders.
• To minimize your risk of failure.
• To update your plans and operations in a changing world.
• To clarify and synchronize your goals and strategies.
China Business Plan - Structure
• Executive Summary:
Within the overall outline of the business plan, the executive summary will follow the title page. The summary should tell the reader what you want. This is very important. All too often, what the business owner desires is buried on page eight. Clearly state what you're asking for in the summary.
• Business Description:
The business description usually begins with a short description of the industry. When describing the industry, discuss the present outlook as well as future possibilities. You should also provide information on all the various markets within the industry, including any new products or developments that will benefit or adversely affect your business.
• Market Strategies:
Market strategies are the result of a meticulous market analysis. A market analysis forces the entrepreneur to become familiar with all aspects of the market so that the target market can be defined and the company can be positioned in order to garner its share of sales.
• Competitive Analysis:
The purpose of the competitive analysis is to determine the strengths and weaknesses of the competitors within your market, strategies that will provide you with a distinct advantage, the barriers that can be developed in order to prevent competition from entering your market, and any weaknesses that can be exploited within the product development cycle.
• Design & Development Plan:
The purpose of the design and development plan section is to provide investors with a description of the product's design, chart its development within the context of production, marketing and the company itself, and create a development budget that will enable the company to reach its goals.
• Operations & Management Plan:
The operations and management plan is designed to describe just how the business functions on a continuing basis. The operations plan will highlight the logistics of the organization such as the various responsibilities of the management team, the tasks assigned to each division within the company, and capital and expense requirements related to the operations of the business.
• Financial Factors:
Financial data is always at the back of the business plan, but that doesn't mean it's any less important than up-front material such as the business concept and the management team.
China Business Plan - Final Delivered Documents
• A listing of the service providers for implementation, distribution and safety insurance of your business activities
• Current and realistic costs estimation
• Up to 18 months cash flow statements in an Excel spreadsheet
• Recommendations on the selection of partners
Contact Us
If you have further enquire, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s web english.tannet-group.com, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, or emailing to tannet-solution@hotmail.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.
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