REFLECTION 5 : WRITING BUSINESS PLAN

before i start my reflection, i just want to apologies you because first i skip my list of reflection, and second I type this in English with poor grammar and vocabulary. i just want to train myself using this language. 
just like the title of this reflection, i want to share with you some knowledge that i get from my reading about writing business plan. there have some steps to us follow it. this is not just focus on build up kindergarten or child center. it is for us start up any of business that will give benefit to us. you should understand the need for a business plan by asking such question using who, how, what, where and so on. 

• FIRST you should ask why you write the business plan? you should give the reason for writing a business plan like want to get the loan from bank, find some investor, get the approval or so on.
• SECOND asking who. for whom the business plan is for? either for bank, friends for investor, or for parents and get parents support.
• THIRD how. asking yourself how you will build up this business? are you ready for it? here got some ideas of preparation to be manager or owner of business. 

1. self motivation
2. how to takes it
3. committed in doing the business
4. learning to be in charge
5. 10 question about yourself

1. are you hardworking and determined to wake success of your new business?
2. are you committed?
3. are you highly self motivation?
4. can you organised by yourself?
5. are you ready?
6.  can you make decision?
7. are you able to learn from mistake?
8. do you have experiences dealing with children or any business?
9. have you examined your market?
10. are your family and communities give you support?

if the answer almost YES, you are ready for the business.

• FOURTH what? asking what business do you want to run? this is you will get from the case study or doing market examined about the demand of communities at your area.
• FIFTH gathering your information and think deeply about the best choice for you.
• SIXTH compiling the business plan by:

1. CONTENT PAGE
2. THE EXECUTIVE SUMMARY
3.  THE NATURE OF BUSINESS
4. THE PRODUCT OF SERVICES
5. YOUR MARKET AND COMPETITORS
6. YOUR MARKETING PLAN
7. OPERATIONS PLAN
8. FINANCIAL FORECAST
9. FINANCIAL ANALYSIS
10. APPENDICES

i will explain to you the content of every information

• content page is the first page in the business plan.
• the executive summary should have all of your overview about your business including the communities demand and all market examined that you did.
• the nature of business is all about yourself, your mission and vision of the business.
• the product or services is all about your business that you want to run up like kindergarten or child center.
• your market and competitor need from market examined
• tell all your marketing plan in the chapter of marketing plan.
• how your operation?
• and you also should tell about the financial forecast and analysis. it is for your rolling money to maintain your business throughout 5 years later.
• appendices is all prove that you do to start up the business.

sometimes it is to easy to plan the journey of life, but to make it happened  will take time and sacrifice. so this is some of step how you can start up your business. to be a manager, you should be able to manage yourself. any comment or criticism or opinion i really2 appreciate.  

THANKS.