The Most valuable thing that I learned in Project Business Plan

Many people say, a good plan will produce a good result and success. It is true. I agreed. In order to achieve success, we should start with a detail plan. We cannot directly run the business without thinking about the planning and preparation.

Most people who had done it could not run their business in long time. The business will run only for a moment.

The business plan should consist of the business information, management team, company structure, ownership, and intellectual property, industry analysis, marketing plan, operation plan, financial plan, and critical risk factors.

This business plan must explain in detail the whole thing that will be done in the business activities. So, it should be written with great detail.

When me and my group members was doing this business plan, we tried to make it as detail as possible. We tried to plan all of the possibilities that would be happened in the business activities. But one thing that made me learn, we should make the business plan that possible to be done.

We cannot plan something that is impossible to be done. If we do that, then the only thing that will happen is we will be trouble when running the business.