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Discuss your views about Singapore business & economy, current policies & issues, starting a business in Singapore.
beldorj
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Postby beldorj » Tue, 16 Oct 2007 10:45 am

Nil
Last edited by beldorj on Sat, 19 Apr 2008 1:54 pm, edited 1 time in total.

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sundaymorningstaple
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Re: Are you a business planner..?

Postby sundaymorningstaple » Tue, 16 Oct 2007 12:39 pm

beldorj wrote:Hi,am currently holding an EP,and i just set up a joint venture company with friend. I intend to convert my EP to an Entree pass soon. My companys' profile is consultancy services as well as general trading. I have a business plan in hand,but i feel its not too convincing. I heard there are companies specialized in writing business plans. How can i contact these companies? Please help.


Try Google.

luxiana
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Postby luxiana » Tue, 16 Oct 2007 1:12 pm

who's the business plan for??

a BP is primarily for you to check how well you are doing compared to the expected development of your company.

then if you need additional capital the BP has to be written in a different way as investor will not focus at the same things you would.

hope you are familiar with capital budgeting.
the use of Monte Carlo to simulate the financial outcome of your venture is a pretty neat thing to do :)
my website: free online game

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ksl
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Postby ksl » Tue, 16 Oct 2007 1:35 pm

luxiana wrote:who's the business plan for??

a BP is primarily for you to check how well you are doing compared to the expected development of your company.

then if you need additional capital the BP has to be written in a different way as investor will not focus at the same things you would.

hope you are familiar with capital budgeting.
the use of Monte Carlo to simulate the financial outcome of your venture is a pretty neat thing to do :)


You must be desperate for a sale! :lol: and your undertanding of the OP message, leaves alot, for future clients to think about! :roll: I guess if you continue, you will most likely bankrupt your company :shock:

luxiana
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Postby luxiana » Wed, 17 Oct 2007 3:16 pm

Hi Ksl, could you elaborate a bit more please?

if you are referring to the link to my blog: everything is free there and i am not a consultant.

think that knowing a bit on NPV, IRR, MIRR, monte carlo... helps, so this is why i have set up the blog... (and also it prevents me from forgetting stuff)


now: most of the ideas people have are not new. the marketing plan is usually pre-existing too. what potential investors (or a bank in case of a loan) would focus on is: capital budgeting / financial forecasts.

and this is why i use monte carlo simulations... :)
my website: free online game

beeooi23
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Postby beeooi23 » Tue, 23 Oct 2007 9:43 pm

Hi,

i've got a lawyer friend whom is able to help.

let u know his contact tomorrow

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Postby Parka » Thu, 06 Dec 2007 12:40 pm

I just read something very interesting at Businessweek.com on writing business plans.

Called "How to Write a Winning Business Plan". Might be worth a read.
Here's the link to the article.

Businessweek article

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ksl
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Postby ksl » Thu, 06 Dec 2007 2:39 pm

luxiana wrote:who's the business plan for??

a BP is primarily for you to check how well you are doing compared to the expected development of your company.

then if you need additional capital the BP has to be written in a different way as investor will not focus at the same things you would.

hope you are familiar with capital budgeting.
the use of Monte Carlo to simulate the financial outcome of your venture is a pretty neat thing to do :)


OP's business plan is for his entrepreneur pass! So i guess its for MOM or ICA!

luxiana
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Postby luxiana » Thu, 06 Dec 2007 2:45 pm

well, they have guidance on the respective websites: ICA and MoM then.

they want something nto too long if I remember well. like 10/12 pages.
my website: free online game


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