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🔌🔌❤❤ IZINYATHELO ZEBHIZINISI: SIYENZA KANJE! ❤❤🔌🔌
Check the steps below to create your successful business plan!
Step 1: Business Identity
Business Name: Choose a name with less than 7 words to attract buyers.
Business Address: Where will your business operate?
Contact Information: Include email and telephone number.
Attention-Grabbing Capital Letters: Use BIG CAPITAL LETTERS for visibility! 📢
Step 2: Problem Description
Identify Weaknesses: Acknowledge the challenges you're facing.
Funding Request: Mention the funds you need to grow your business.
State Your Needs: Clearly list the items or resources required to succeed. 💰
Step 3: Solution Description
Opportunities & Strengths: What strengths can you leverage?
Potential with Funding: If you receive funding, explain how you would utilize it (e.g., hiring employees, expanding services). 🌱
Step 4: Target Market
Define Your Market: Who are your customers?
Example: “My business is a Spaza shop. My target market includes all genders, races, and ages.” 👥
Step 5: Know Your Suppliers
Source of Goods: Identify where you will order your items.
Delivery Logistics: Ensure your business location is accessible for suppliers.
Cleanliness Matters: Maintain a clean and organized environment! 🧼
Step 6: Competitor Analysis
Understand the Threat: Recognize local competitors and what they offer.
Differentiate Your Offering: If there are many tuckshops, think of unique products or services you can provide. (Consider having a Liquor License!) 🍻
Step 7: Marketing Plan
Marketing Strategies: Know how to promote your business effectively!
Need Assistance?: If you’re unsure, let me know in the comments! 📣
Step 8: Financial Planning
List Your Purchases: Outline what you will buy (e.g., bulk items or units).
Budgeting: Ensure you have a clear financial strategy for your operations. 💵
🌟 Let’s support each other in this journey! Comment below if you have questions or need help! 💪🔗 Follow Terance Maila for more business tips!
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