After taking the time to recreate your idea as a workable project, it is important not to stop there!
These other steps are important to consider.
Execute the Plan:
This is the carrying out of the set plans. A business planned as a realistic project is a complete waste of time if the created plan is not acted upon. The most difficult thing to handle is not the planning but setting the will to see through the plan.
Raising fund for the business, getting training or further education that will directly affect the success of your business are all part of the execution phase. It is essential to pay close attention the time limit set to each noted activities above.
You will rely more on your integrated plan at this stage. Executing the plan will likely take up more time than the planning will, but at the end of the process, after closure, the business, like a complete mansion, will stand and thrive better than it would have without any systematic plan.
You will rely more on your integrated plan at this stage. Executing the plan will likely take up more time than the planning will, but at the end of the process, after closure, the business, like a complete mansion, will stand and thrive better than it would have without any systematic plan.
Oversee the Execution
While executing your business setup, check with the original plan to be sure it is according to it. This is important so you can track what stage of business setup you are at, and what needs next be done to progress in.
Business Opening (closing of the setup project phase)
This is where your office is finally open, you can start proper marketing for your set products or service as you are finally operational!
NOTE: PERSONAL TO-DO LIST
While executing your business setup, check with the original plan to be sure it is according to it. This is important so you can track what stage of business setup you are at, and what needs next be done to progress in.
Business Opening (closing of the setup project phase)
This is where your office is finally open, you can start proper marketing for your set products or service as you are finally operational!
NOTE: PERSONAL TO-DO LIST
- Take a course in training Project Management. PMDC can help you achieve this
- Develop a business plan. Download sample.
- Learn all necessary trade secrets, earn all needed experiences for your potential business before you venture in
- Register your generic business name with CAC, make it professional. Contact us for help.
