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DESIGNING BUSINESS PLAN
Ngô Quý Nhâm Foreign Trade University
NGO QUY NHAM
Feasibility Analysis/Business Planning Process
Step 1
Identify a business Idea.
Step 2
Screen/test the idea to determine its preliminary feasibility
Favorable result / proceed
Unfavorabl e result / stop or revaluate idea
Step 3
Conduct full feasibility
analysis
Favorable result / proceed
Unfavorabl e result / stop or revaluate idea
Step 4
Prepare a written business plan
Step 2
Present the business plan
NGO QUY NHAM
Unit 02
DEVELOPING, SCREENING BUSINESS IDEAS AND CONDUCTING FEASIBILITY
ANALYSIS
NGO QUY NHAM
WHERE DOES NEW BUSINESS IDEA COME FROM?
NGO QUY NHAM
Three most common sources of business ideas
Changing Environmental
Trends
Unsolved Problems
Gap in the marketplace
NGO QUY NHAM
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