How do I create a business plan for a social enterprise?
Creating a business plan for a social enterprise involves outlining your mission, target market, and financial projections. Would you like to go through each section step by step?
Yes, please! What should I include in the mission statement?
Your mission statement should clearly define the social issue you aim to address and how your enterprise will make a positive impact. It should be concise and inspiring.
What about the target market? How do I identify it?
To identify your target market, research the demographics and needs of the community you want to serve. Consider conducting surveys or interviews to gather insights.
And how do I project my finances?
Financial projections should include startup costs, revenue streams, and a break-even analysis. It's important to be realistic and base your projections on market research.
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