Shehryar Joiya's Blog

Step 1: write your executive summary After understanding the usefulness of a business plan, it's time to get started! To make a business plan, the introduction must be devoted to the executive summary (or "operational summary"). The executive summary is a very short (two pages maximum) and very important part of the business plan. The objective is to summarize the essence of its business plan in a very synthetic way and to give a global vision of its project. The elements to be included are as follows: name of the company, nature of its activity, values ​​and history of the project, target audience and type of market (competitors, size, opportunities). It is often essential to introduce the management team. Good to know: many presentation pitches are based on the executive summary. Having a grounded and impactful speech is essential to present a project in its best light. Step 2: introduce the founding team To create a personalized business plan, in which the values ​​of ...

Do you dream of being a great businessman? The business world is a jungle where it is not always easy to find your account. The competition is fierce and this world is in constant effervescence. So there are a few things you need to know before you start head first. So here are our 10 tips and advice on how to become a businessman. 1. Practice a profession in demand Choosing a profession in demand will secure you an enviable position that will give you credibility within the community and this will facilitate your business success. 2. Have a good command of English Mastering the language of Shakespeare will open many doors for you in international trade and will facilitate the expansion of your business, especially if you are doing business in the import-export field. 3. Go to business school Getting a degree from a business school will help you understand the basics of the market economy and give you strong management skills. These are essential assets for the success of business peop...

Small business 1. Proceed methodically. Don't take excessive risks. In a recent study, titled Portrait of the Predator Businessman, Michel Villette and Catherine Vuillermot argue that, contrary to popular myth, very successful entrepreneurs such as Ted Turner, Sam Walton and Bernard Arnault do not have as great propensity to take risks as one might think. 2. Plan effectively Every effort you put into planning exponentially increases your success at the execution stage. For a new business, everything hinges on a business plan. Successful entrepreneurs write down specific goals. They devote considerable effort to key tasks such as researching their target market, defining marketing strategies and compiling cash flow forecasts. They also make useful contacts within their industry. 3. Define an effective value proposition It may sound complicated, but it's just about making sure your products or services are more attractive to customers than those of your competitors. Successful en...

Definition Four categories of companies are defined in the implementing decree of the law for the modernization of the economy (decree n ° 2008-1354) for the purposes of statistical and economic analysis: small and medium-sized enterprises including micro-enterprises; mid-size companies; the big enterprises. To determine the category to which a company belongs, the following data, relating to the last closed accounting year and calculated on an annual basis, are used: headcount, turnover and balance sheet total. Small and medium-sized enterprises (SMEs) are those which, on the one hand, employ less than 250 people, on the other hand, have an annual turnover not exceeding 50 million euros or a balance sheet total n 'not exceeding 43 million euros. Among them, microenterprises employ less than 10 people and have an annual turnover or balance sheet total not exceeding 2 million euros. Intermediate-sized enterprises (ETI) are enterprises which do not belong to the category of SMEs and ...