BUSINESS PLANNING IN A POST- COVID 19 ERA

Towards the end of 2019, the world witnessed a life changing situation by the advent of Covid-19 pandemic. This has literally changed how businesses are being conducted and has exposed the entire business sectors to new perspective regarding how enterprises operations can be conducted seamlessly in a locked-down situation as experienced particularly in year 2020.

FISH FARMING
Fish farming is an ancient practice, which can be dated back to about 2500 BC in China, when carp were raised in ponds and in artificial lakes created by receding floodwaters.
Evidence of fish farming also dates back at least 1,000 years in Hawaii, when rocks were added to existing reefs to create an artificial pond. The spaces between the rocks were large enough to let seawater circulate in and out, allowing nutrients to circulate in and waste out, but were too small to allow the fish to escape.

A business plan is a document that summarizes the operational and financial objectives of a business. It is a business’s road map to success with detailed plans

 Executive Summary:
 Organizational Plan/Analysis
 Market Analysis/Marketing Plan
 Competitive Analysis
 Operational Plan
 Management Plan
 Financial Plan
 Appendices/Exhibits

A business proposal is a sales document written by a company to convince a prospective client to award them a particular job contract,

Here are some basic template that any business can use when developing its business plan.

1. Boring Executive Summary
2. Unrealistic Financial Projection.
3. Undefined Target Audience
4. Bad Research
5. Lack of focus on Competition
6. Lack of limitation
7. Underestimating Business Risks

1. To help with critical decisions
2. To prove the viability of the business
3. To communicate and set better objectives and benchmarks
4. To provide guide for service providers
5. To secure financing
6. To reduce risk
7. For broader and better understanding of the business

Cassava
Manihot Esculenta, commonly called cassava. Cassava is extensively cultivated as an anuual crop in tropical and subtropical regions for its starchy tuberous root,a major source of carbohydrates.

Health Benefits Obtained