B19 |How to create strong business plan? Why creating business plan is very important? Bipin Kandel

Creating very strong business plan is very critical in success of one’s business. Poor business plan is one of the reason of business failure apart from idea, team, customer service and timing. I am presenting a step by stem points on creating a strong business plan. Please Note following points.
1. Define your vision, mission, goals, milestones, objectives and values
2. Define your unique selling proposition or value proposition
3. Conduct a strong market research and know your market, prepare the marketing strategies.

A strong business plan consists of:
1. Executive summary
2. Company summary
3. Product/service
4. Market analysis
5. Strategy and Operation planning
6. Management planning
7. Financial planning
8. Appendix

#BipinKandel #BusinessinNepal #businessplanning
My other videos are related to,
1. Picking up idea
2. Team formation
3. Registration & Legal procedures
4. Managing initial investment
5. Creating business model
6. Creating solid business foundation
7. Organizational structure, website, social sites and their importance
8. Naming of the company
9. Setting up realistic mission, vision
10. Creating standard operation procedure
11. Making business investment ready
12. Creating transparent accounting and book keeping
13 Digital marketing in initial days
14. Team expansion, how to create high performance team.
and so on……
As we all know our country Nepal is the land of opportunity. The business ideas are the derivatives of problems and needs. Thus, business ideas are not the problem of Nepal, and then what the problem is? You can easily list top business ideas just by small survey in your town/city. The challenge is finding the low investment business ideas in Nepal but, most of the business ideas in Nepal can be started with zero investment or no investment with the help of simple website. But my suggestion is one should not quit job and start their own business without being financially independent. Rather, earning money from online might be initial good option through freelancing, drop shipping, YouTube, vlogging etc.
The early surfing of the ideas can be done just searching “Business kasari garne”, “low cost business ideas in Nepal”, “manufacturing business ideas in Nepal” “small investment business ideas”, “how to start business under 1 lakh or 5 lakh” in the google or Youtube. You will find some basic ideas from there, and then start focusing on specific research. But, don’t rush into any business before proper business knowledge just picking a business idea. Doing business in Nepal is still not so easy, you might have to face investment problem, team building problem, registration of business hurdles etc. but if your motive is very strong then you will enjoy doing business in Nepal.
I will continuously provide the knowledge over the some basic topics like, low cost business ideas in Nepal for 2020, how to get over from coronavirus crisis, best business ideas for Nepal, what to do after returning from abroad, how can we start business with no money in Nepal, top profitable business ideas in Nepal, top manufacturing business in Nepal, business registration in gharelu and company register office etc. But, my real focus will be on how and why? Not what? While I will provide other in depth knowledge over sales, marketing, leadership, team building, turning business into profitable business, business planning, business development management, negotiation, growth strategy of a company, fundraising etc.
I am trying to put my experience and knowledge over this channel. I strongly believe you can be successful picking a fair idea with proper business knowledge in Nepal but cannot be successful with great business idea and poor business knowledge. The top reason of the business failure is poor idea, poor team, poor timing, poor business plan/model and poor customer relationship. The lack of money in the business is not vital for a business failure. Please like, comment, share and support my channel. Thank you.

About Me :
“I love challenges”
I am basically a problem to idea and idea to business conversion lover and seeking for these stuffs every time of my days. I often find myself heading towards solving people’s problems and creating business out of it. And I strongly believe in efficiency and effectiveness more than the just hard work.

I always love to encourage and motivate peoples to know the value of their own life to create best out of them. My goal is to impact people in positive way so that together, we can make the world better and healthier place to stay. And I believe that with the help of the technology, any dreams can be achieved.

Please like, comment and Subscribe the channel. Please press bell icon to never miss an update.
Uses of this video on other channels is strictly prohibited, if found proper action will be taken . (Embedding to the websites is allowed)
LinkedIn : https://www.linkedin.com/in/bipin-kan…
Twitter : https://twitter.com/BipinKandel12