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The brand is currently selling online, however has also recently diversified to selling in independent shoe shops. The company is projecting to sell R2 million in year 1 and R8 million in three years’ time. Additionally, there are expansion plans within year 2 to set up distribution networks in Johannesburg, and Durban in the early part of year 3.
What does a business plan include?
A business plan usually includes a summary of your farming concept, background information, the products the farm is producing, as well as a marketing and financial plan. A business plan should have goals - the specific aspects that can be measured.
What are the main reasons for the introduction of the business plans in South Africa?
We decided to introduce the South African business plans after noting that many South Africans were venturing into businesses without a full understanding of the industry, market, how to run the businesses, the risks involved, profitability of the businesses and the costs involved, leading to a high failure rate of the start-ups.
What is the best way to write a business plan in South Africa?
Don't take chances with finance institutions, they can easily see amateur and unprofessional work Bplans Africa is a leading business plan consulting firm in South Africa. We write business plans that are suitable for:
Last Update: Oct 2021
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