Industry publications, associations, think tanks and university research are also good sources of information.Also consider contacting a Canada Business Network centre to see if they could help you find what you’re looking for.Here are some examples: You should have measurable targets so you can monitor your progress towards them through the year.
Your business plan is a crucial document for your new company.
It says who you are, describes your business and shows how you will become profitable.
Setting goals for your business will help you to get your team focused and taking action to achieve your vision.
Your goals can deal with every aspect of your business plan.
Secondary sources will consist of statistics and trends about your market and your customers.
Award Winning Business Plan Essay On How The Cold War Began
The websites of Statistics Canada and Innovation, Science and Economic Development Canada are good places to obtain this data.
A properly formulated plan can help you gain the confidence of lenders, investors and other stakeholders.
As such, it should show you’re committed to your business and have the skills, knowledge and confidence to achieve your goals.
You’ve probably already conducted informal market research on your own.
But you’ll need more than anecdotes to convince investors and lenders to support your business.