yolo # 2 : How to prepare a business plan

1 Business outline (purpose)

• field of business
• Business background (purpose)

2 Environmental analysis (reduce strengths and weaknesses according to economic conditions and overcome weaknesses and threats)

-Market condition
-Market prospect
-SWOT Analysis
-How to overcome weakness/threat
-Other strategies

3 Business analysis (setting the current status, targets, etc. of the project to be planned and analyzing the surrounding environment and real estate)

• Current status and analysis of homogeneous and similar industries
• Current status of competitors and trend of competitors
  -Peripheral analysis of business sites

4 Business competitiveness (write down my abilities and strengths of products/services)

-Competitiveness of products, companies, and organizational members

5 Cost analysis (an analysis of how much money will be spent and how much profit will be made).

-Initial input cost analysis

• Analysis of sales trends compared to operating expenses, etc.

*Exit strategy – getting out of the current situation after meeting a scheduled goal or to reduce the loss of failure

*Successful people calculate risks, and failure people worry about risks.