{"id":10,"date":"2012-10-01T21:53:05","date_gmt":"2012-10-02T04:53:05","guid":{"rendered":"https:\/\/blogs.ubc.ca\/juvanhouang\/?p=10"},"modified":"2012-10-01T21:57:13","modified_gmt":"2012-10-02T04:57:13","slug":"business-plan-101","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/juvanhouang\/2012\/10\/01\/business-plan-101\/","title":{"rendered":"Business Plan 101"},"content":{"rendered":"<p>Recently, in class I learnt what a business plan is and how to potentially write one up (with of course, A LOT of practice). Unfortunately, I am still a bit unsure of how to do so since I have only been introduced to it once; however, I&#8217;m hoping that I&#8217;ll be able to understand it a lot more later on after doing more case studies and practices.<\/p>\n<figure style=\"width: 576px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" title=\"Business Plan\" src=\"http:\/\/www.candocareersolutions.ca\/business-plan-writer.jpg\" alt=\"\" width=\"576\" height=\"447\" \/><figcaption class=\"wp-caption-text\">http:\/\/www.candocareersolutions.ca\/business-plan-writer.jpg<\/figcaption><\/figure>\n<p>Business plans are more traditional and provides more details for the business that we are analyzing. These plans should answer questions that are: specific and to the point. For example, the questions asked could be about value proposition, plans, profits and revenues of the company, or their competition. When writing a business plan, I learnt that we should think of the key parts which include the\u00a0<em>intentions\u00a0<\/em>for a company when they have plans to expand, make money, etc..<\/p>\n<p>For our prep, we read this article called <a href=\"http:\/\/www.canadabusiness.ca\/eng\/page\/2753\/\/\">Writing your own Business Plan\u00a0<\/a>which explains what a Business plan is in more depth. From reading this article, it did feel as if I had to absorb a lot of new information with which I found was difficult to take in. On the bright side, reading this article did help me understand more about the Business Plan after reading it a few more times.<\/p>\n<figure style=\"width: 298px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" title=\"business plan how tos\" src=\"http:\/\/business-plans-simplified.typepad.com\/photos\/uncategorized\/apt_machine_feb_1_01_7.gif\" alt=\"\" width=\"298\" height=\"406\" \/><figcaption class=\"wp-caption-text\">http:\/\/business-plans-simplified.typepad.com\/photos\/uncategorized\/apt_machine_feb_1_01_7.gif<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recently, in class I learnt what a business plan is and how to potentially write one up (with of course, A LOT of practice). Unfortunately, I am still a bit unsure of how to do so since I have only been introduced to it once; however, I&#8217;m hoping that I&#8217;ll be able to understand it [&hellip;]<\/p>\n","protected":false},"author":14163,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/juvanhouang\/wp-json\/wp\/v2\/posts\/10","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/juvanhouang\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/juvanhouang\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/juvanhouang\/wp-json\/wp\/v2\/users\/14163"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/juvanhouang\/wp-json\/wp\/v2\/comments?post=10"}],"version-history":[{"count":4,"href":"https:\/\/blogs.ubc.ca\/juvanhouang\/wp-json\/wp\/v2\/posts\/10\/revisions"}],"predecessor-version":[{"id":15,"href":"https:\/\/blogs.ubc.ca\/juvanhouang\/wp-json\/wp\/v2\/posts\/10\/revisions\/15"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/juvanhouang\/wp-json\/wp\/v2\/media?parent=10"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/juvanhouang\/wp-json\/wp\/v2\/categories?post=10"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/juvanhouang\/wp-json\/wp\/v2\/tags?post=10"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}