Week 7(4/4/2013)_KEE120053
Business Plan
This week class is about
1) What is business plan?
2) Important of business plan
3) Guidance to prepare a business plan

1) What is business plan?
It is a written document that explain a business which must consists of
(a) analysis
(b) forecast
(c) expectation
(d) strategy

2) Important of business plan
(a) others can evaluate the business objectively and critically
(b) show the validation of the business
(c) find out the requirement resource for the business
(d) realize the future problem

3)Guidance
Format
(a)Title of front page

• Title 
• Name & address of business
• Writer's name
• Date prepared

(b) Table of content
(c) Executive Summary

• Briefly explain main elements of the business

(d) Structure of Business plan
(e) Appendices

Structure of business plan
(a) Introduction

• Name of business
• addressed to whom
• Sole-proprietorship or partnership
• personal detail

(b) Purpose
(c) Business background

• General information
• industrial information

(d) Marketing

• Product/service information
• marketing information
• Price
• Promotion
• Distribution
• Competition
• Management
• Operation

(e) Finance

• modal
• source
• investment
• distribution

This lesson make me clear about business plan. Business plan is important and necessary in preparation of a business. After this lesson, a rough idea of how to write a business plan is on mind. A good business plan can reduce risk of a business. Beside that, it can help to find out future problem and identify the validation of a business. So every business must have a business plan before start.

During the preparation of a business, there are many thing to do and take note. One of it is business plan. From this lesson, I learn the important and the way to write a business plan. The content is important because it may lead a business to a right way. Besides how to do a business plan this lesson also teach me to plan in my life. I will always use the guidance to do a plan in my life not only for business.