Hainan Company Business Plan

Hainan company business plan is one of the elements for company registration. A business plan is a formal statement of business goals, reasons they are attainable, and plans for reaching them. It is a written description of your business's future and a document that describes what you plan to do and how you plan to do it.

Business plans can help perform a number of tasks for those who write and read them. They're used by investment-seeking entrepreneurs to convey their vision to potential investors. They may also be used by companies that are trying to attract key employees, prospect for new business, deal with suppliers or simply to understand how to manage their companies better.

Major Content of a Business Plan
A business plan conveys your business goals, the strategies you'll use to meet them, potential problems that may confront your business and ways to solve them. A good business plan follows generally accepted guidelines for both form and content. There are three primary parts to a business plan:

1. Business Concept
This part is where you discuss the industry, your business structure, your particular product or service, and how you plan to make your business a success.

2. Marketplace Section
Here, you describe and analyze potential customers: who and where they are, what makes them buy and so on. Here, you also describe the competition and how you'll position yourself to beat it.

3. Financial Section
This part contains your income and cash flow statement, balance sheet and other financial ratios, such as break-even analyses. This part may require help from your accountant and a good spreadsheet software program.

Who Needs a Business Plan?
It can be sad that the only person who doesn't need a business plan is one who's not going into business, especially those business startups. However, it's a mistake to think that only cash-starved startups need business plans. Business owners find plans useful at all stages of their companies' existence, whether they're seeking financing or trying to figure out how to invest a surplus. Many, many great companies had their starts on paper, in the form of a plan that was used to convince investors to put up the capital necessary to get them under way.

Contact Us
If you have further inquires, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website 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.

Previous：Hainan Company Registration Requirements      Next：Hainan Corporate Income Tax Filing