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Business Plan

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The first step in creating a plan for a business project is to create the team.   It is important that everyone on the team get acquainted and become familiar with each member’s strengths and weaknesses. This will help determine each person’s expertise and allow every member to play a vital role in the project.   For example, not everyone is an expert in management.   Having a person who can manage the team will ensure the project runs smoothly.   Someone may have expertise in finance and can ensure that money is being handled properly.   Having each member dedicated and focused on the project will help the team reach its goals and complete the project successfully.  
After the team has been created, it should come up with goals and objectives for the project.   These are factors that the team should keep in mind throughout the entire project.   The members should then begin brainstorming ideas for the project. They should come up with as many ideas as possible and keep in mind not to criticize the ideas since they are simply thoughts.   When brainstorming has been completed the team can then come up with pass/fail criteria for the ideas and how they apply to the objectives of the project.   The team can select the best ideas from the pass/fail criteria and use weighted criteria to select the overall best idea to continue with for the project.
Once an idea has been selected, the next step is to develop a plan for the project.   The plan should be broken up into different segments. Each part should be assigned to the team member who has the most expertise in the category.   This person will have control over that segment while the others assist him.   For example, if one team member has expertise in marketing then he will be responsible for market research and the development of a marketing strategy and plan while the other members assist him.   It is important to make deadlines for each segment in the project so that it is completed within a reasonable timeframe, making it...

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Business Plan. Anti Essays. Retrieved December 15, 2018, from the World Wide Web: http://parimatch-stavka7.com/free-essays/Business-Plan-169354.html


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