Either existing business or new one must have good and careful planning in order to win the market competition and keep the running process of business production. The executive of company must really calculate and forecast exactly about the products and services, market, competitors, and financial capacity of course. These plan categories can not be apart and must be parallel each other as mutual business components. Moreover, when the global economic is breaking down at the present. The economic recession impacts so many business sectors especially small business including market demand, production, and finance decreasing.

When talking about business plan, of course talking about the cost too where at least a businessman must research and write his business plan into two versions. One for internal management tool and the other more detailed for seeking outside funding if it is need. It is very important calculate the need for fund and the future value of equity investment for debt repayments.

Business plan also should cover company financing and funding to a 2 to 5 year period including alternative solutions if it comes to hard situations. It must has mature plan about outside funding including debt financing and equity financing,  and also steps to build more…