1 Defining Your Competitive Advantage – a competitive

1 Defining Your Competitive Advantage – a competitive advantage means you are ahead of the competition or have strategies in place to be ahead of potential competition.

2 Setting Operations Goals – operation goals are the daily activities of the organization (more short-term) that align with the organization’s long-term goals.

3 Planning Market Penetration – plans to gain more market share through your product or service strategies.

4 Financial Forecasting – making predictions about all aspects that can affect the financial future of your business.

5 Team Building – creating a team of diverse, knowledgeable, skilled, committed, etc. individuals who will work together to accomplish organizational goals.

6 Business Plan Presentation – compiling all the parts of your business plan to confidently make a presentation to win over investors, bankers, etc. as well as to be prepared to start your business.

 

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