How to write/plan a strategic business plan as a start-up (PART-IV)s

START-UP STAGE activities :
Now what are you waiting for ? Lets start your plan in action.
Start to SELL after SELL after SELL your product or service as envisioned as projected.So that business started to run and generate cash flow positively,profitably.During start-up stage some aspect have to observed and managed like inventory control, inventory manage,stock,demand and supply,statistics of profit and loss,ROI,cost vs expenditure etc.etc. Even a little unusual can lead you to closer of your venture.You may get warned from real examples which are happening or already happened.
RECHECK,REPLAN,REDO.
Adjust accordingly with the external environment which may be or may not be conducive to your dream business.Don`t let happened to your business like the way Titanik ship drawned.

Positioning your business in the market is another focusing start-up activity.If you success in it then its a big turning point in the market against your competitor.This is a strategy to lead ahead your venture.Without it your business is in the amidst vast sea floating. Why market positioning ? In fact,this is a survival strategy. It is to be done for long term survival of your dream product or service and short term profit.Clear enough your specific product or service or niche segmentation and after that set on at specific market .Right niche at right market at right time is the success mantra.Hence Market research on your specific product or service is a must before start-up. So now test it,retest it, validate it.verify it.
TEST,RETEST,POSITIONING,REPOSITIONING. till customer accept it ,like it and like to live on it.

EARLY GROWTH STAGE :
At this stage, business grows continuously.Stepping forward very slowly then continuously growing up and rapidly at full speed.No time to look back or stop. Lot of things happened like expansion or invention of new product,attract affiliation with great comp.,merger with large comp.etc. etc. Entrepreneur works within a comfort zone without any risk.

LATER GROW STAGE :This is the stage after successfully growth or overcome the EARLY GROWTH STAGE . Though this is the last stage but it does not mean at end of the dream business.These stage signified survival,abundance, extension,prosperity.So needed Professional Management to handle its assets and liability it acquired.Company has to follow corporate strategy to survive and lead ahead amongst tough competition.

“You can’t cross the sea merely by standing and staring at the water “.——– Rabindranath Tagore

To be continued………………………