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Day Three
Day Three
A business plan provides a detailed overview of your business and how it intends to function and remain sustainable.
A business plan is also useful for investors and acquiring loans, as it also provides financial details of how a business is expected to progress towards becoming profitable.
Lesson 3: develop a business plan
Lesson 3: develop a business plan
Here you will determine what it is you need to be up and running as an individual, side-hustle, or full-time business.
Tasks: Day Three
Tasks: Day Three
Ideas for gathering data from your research:
1 Write a concise executive summary that outlines your business concept, target market, and unique value proposition.
2 Define your marketing strategies, including channels (e.g., social media, content marketing) and tactics (e.g., influencer partnerships, SEO)..
3 Create a financial forecast that includes startup costs, monthly expenses, pricing strategy, and revenue projections for the first year
4 Outline your operational plan, including inventory management, order fulfillment, and customer support processes.
Tools
Tools
Use Notion for making lists and general planning...
Try Quickbooks for your new business
Try ChatGPT: Ask questions that may help
FAQ
FAQ
What is search volume?
What is search volume?
"search volume" refers to the total number of searches conducted by users on a search engine for a specific keyword or phrase within a given time frame. It is a quantitative measure that indicates the popularity or demand for a particular search term.
Where can I find you on social media and other communities?
Where can I find you on social media and other communities?
Here is a list of where you can find themarketclick and related ventures:
Facebook: https://www.facebook.com/themarketclick/
Facebook: https://www.facebook.com/wordonpress/
Twitter: https://twitter.com/themarketclick
Tumblr: https://www.woppd.com/
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