Hello my name is Fj Cava and I have an MBA
from San Francisco State University in entrepreneurship. I’m also owner of the Bayview Webspot in San
Francisco, California. I’m here to talk to you today about how to create a business plan.
Business plans consist of four different categories, operations, management, marketing and finance.
Operations deals with the category of how you are going to run your business, what hours
you are going to be open, what days you are going to be open, how the functionality of
your business is going to work. Management deals with the people of your business, the
staff you are going to hire, the independent contractors you’d like to hire, what their
job descriptions are and how you are going to pay them. Marketing obviously deals with
how you are going to want to promote your product or service that you are going to sell
to the general public, who the target market is and what is important about the product.
Finally finance deals with the money aspects, how much money do you need for start up costs,
how much are your monthly operating expenses, and then are you going to be profitable, how
does that work? How are you going to make money at the end of the day? So if you want
to find out more information you can go to the SBA website and download their on line