Najwa Nadhir — How To Create A Strong Business Plan

Najwa Nadhir is the CEO of BOSC Realty Advisors, which means she is responsible for developing business plans related to any new commercial acquisitions that the company makes. A poor business plan could lead to ventures failing before they have had the chance to really get off the ground, so follow these steps to ensure you create strong plans that can be foundations for future successes.

Never Forget Your Budget
Before you start creating a full plan, you need to be aware of the budget that you have for your project. This figure should be kept front and center, being a key consideration in everything else that is in the plan. Failure to keep track of your budget may lead to overspending, which can tank a project at the early stages, regardless of how promising it is.

Always Inspect Your Competition
No commercial endeavor should be launched without those behind it having first inspected the competition to determine how well the needs of customers are currently being met. Make sure that there is a demand for your product or service and that you can offer something that sets you apart from similar companies.

Be Concise
Najwa Nadhir works hard to attract investment for some of the commercial properties that she is involved with. This means that she must be capable of producing business plans that get right to the point. While it is important to include as much information as is relevant to the project, try to put your most important points front and center, while trimming any fat that makes the plan more difficult to understand.