Derick Makatu
Apr 7
Activities in business plan?
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Apr 7
1. Market research: Conducting market research to understand the target market, competition, and industry trends.
2. Product development: Developing and refining products or services to meet the needs and preferences of the target market.
3. Marketing and advertising: Creating a marketing and advertising strategy to promote the business and attract customers.
4. Sales strategy: Developing a sales strategy to reach and convert potential customers into paying customers.
5. Operations plan: Establishing the operational processes and procedures needed to run the business efficiently.
6. Financial plan: Creating a financial plan that outlines the budget, revenue projections, and expenses of the business.
7. Human resources: Hiring and training employees, as well as developing a plan for employee retention and growth.
8. Legal and regulatory compliance: Ensuring that the business complies with all relevant laws and regulations.
9. Risk management: Identifying potential risks to the business and developing strategies to mitigate them.
10. Monitoring and evaluation: Establishing key performance indicators and metrics to track the progress and success of the business.
2. Product development: Developing and refining products or services to meet the needs and preferences of the target market.
3. Marketing and advertising: Creating a marketing and advertising strategy to promote the business and attract customers.
4. Sales strategy: Developing a sales strategy to reach and convert potential customers into paying customers.
5. Operations plan: Establishing the operational processes and procedures needed to run the business efficiently.
6. Financial plan: Creating a financial plan that outlines the budget, revenue projections, and expenses of the business.
7. Human resources: Hiring and training employees, as well as developing a plan for employee retention and growth.
8. Legal and regulatory compliance: Ensuring that the business complies with all relevant laws and regulations.
9. Risk management: Identifying potential risks to the business and developing strategies to mitigate them.
10. Monitoring and evaluation: Establishing key performance indicators and metrics to track the progress and success of the business.
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