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The basic from of business one can carry out are:-
• Sole proprietorship
• Partnership
• Corporation
• Cooperative
All the above form of business has their own characteristics. All for are different from each other.as all best MBA college Bangalore are not same.
To Start a business.
• The first is the business concept, where you discuss the industry, your business structure, your particular product or service, and how you plan to make your business a success.
• The second is the marketplace section, in which 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.
• Finally, the financial section 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 spread sheet software program. Breaking these three major sections down even further, a business plan consists of seven key components:
1. Executive summary
2. Business description
3. Market strategies
4. Competitive analysis
5. Design and development plan
6. Operations and management plan
7. Financial factors.
By considering the above points we can start a business. If in case in future we want to start a business we can the business publically by issuing the IPO for the public to buy and to be listed on the Stock Market.
I would like to conclude by saying that “Business is never so healthy as when, like a chicken, it must do a certain amountof scratching around for what it gets”
Related Tags :
Best MBA College
Top 10 MBA Colleges
MBA Entrance Exams
• Sole proprietorship
• Partnership
• Corporation
• Cooperative
All the above form of business has their own characteristics. All for are different from each other.as all best MBA college Bangalore are not same.
To Start a business.
• The first is the business concept, where you discuss the industry, your business structure, your particular product or service, and how you plan to make your business a success.
• The second is the marketplace section, in which 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.
• Finally, the financial section 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 spread sheet software program. Breaking these three major sections down even further, a business plan consists of seven key components:
1. Executive summary
2. Business description
3. Market strategies
4. Competitive analysis
5. Design and development plan
6. Operations and management plan
7. Financial factors.
By considering the above points we can start a business. If in case in future we want to start a business we can the business publically by issuing the IPO for the public to buy and to be listed on the Stock Market.
I would like to conclude by saying that “Business is never so healthy as when, like a chicken, it must do a certain amountof scratching around for what it gets”
Related Tags :
Best MBA College
Top 10 MBA Colleges
MBA Entrance Exams
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