{"id":18152,"date":"2025-07-14T15:25:03","date_gmt":"2025-07-14T13:25:03","guid":{"rendered":"https:\/\/www.gestingral.com\/making-a-business-plan-is-essential-to-creating-a-successful-business\/"},"modified":"2025-07-14T15:25:03","modified_gmt":"2025-07-14T13:25:03","slug":"making-a-business-plan-is-essential-to-creating-a-successful-business","status":"publish","type":"post","link":"https:\/\/www.gestingral.com\/en\/making-a-business-plan-is-essential-to-creating-a-successful-business\/","title":{"rendered":"Making a business plan is essential to creating a successful business"},"content":{"rendered":"

Make a serious business plan that contemplates all possible scenarios.<\/strong> This is the fundamental preliminary step to creating a successful business. If it is not done carefully, either you get a magic wand or you are doomed to absolute failure. <\/p>\n

The business plan must take into account the most difficult and the most favourable scenarios. And above all, it must review well – very well – what the initial level of expenditure will be. “How much money will it cost us to start the business?” This is the million-dollar question that must be answered for each of the scenarios. <\/p>\n

And how is all this calculated? Sales are the big unknown, as it is difficult to get them right accurately. But there is another element that can be calculated: expenses<\/strong>. How much will the staff cost us? And the suppliers? And…? Calculating expenses well is vital to make a good business plan, and by extension, to start the business successfully. The initial investment must also be a very elaborate element, as significant deviations often occur. <\/p>\n

Now is a great time to start a new business as banks are lending again. But there is no need to rush: first make the business plan and then set it up. And before all this, find out about the feasibility of the business project through a market study. Do we need a company, like the one we are thinking of? Will there be customers? <\/p>\n

One of Gestingral’s customers spent weeks counting the people who passed through a point on the Rambla de Vilanova every day. A year and a half later, his restaurant business is a success. This was their market study. <\/p>\n","protected":false},"excerpt":{"rendered":"

Make a serious business plan that contemplates all possible scenarios. 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