business plan development in Abuja Nigeria


For many, a business plan is a document used to obtain a loan from financial institutions. Although this statement is true, it is a reductive vision of the document. It is an essential tool for the proper management of any company.

A business plan is a guide that outlines goals for your business and how you plan to reach them. A good business plan is the backbone of every successful business. It contains an overview of your business strategy, milestones to track tasks and responsibilities, and the basic financial projections that you need to forecast your sales, expenses, and cash flow. A business plan should be dynamic. It should be reviewed regularly and modified if need be. The importance of an effective business plan can not be overemphasized.





A good business plan must have a brief but detailed overview that grabs the reader’s attention and tells them about what you do and why they should read the rest of your proposal.

It describes the business opportunity you want to exploit and the strategy you have in place.

Members of the team and their skills in relation to the achievement of the business goals

The target market, sales forecast, profitability, and funding.



This describes the structure of the company, products or services, the date it was established, its mission and vision, ownership of the company, size of the company, target market, competitive advantage, and the company’s legal and tax status.



This is a key phase in the creation of your business. In this phase, you identify the industry you are going to enter and how your business can fit into that industry. This analysis provides the foundation on which your marketing or sales plan will rest. Industry analysis is necessary to assess the general industry environment in which you compete.



For the growth of your business, you need to strategize on how to modify your business to give you a better chance in a competitive market, get customers, and what to do to keep them as the company/business grows. Here you have to address four main topics: product, price, promotion, and place (sales channels). This helps to direct the effort of your team marketing and sales team. This should be updated periodically (every 6 to 12 months)



This section is where you analyze both your current and potential competition which might enter the market. It is the process of calculating and evaluating your competitors to understand their strengths and weaknesses in comparison to yours.

business plan development services in Abuja Nigeria


This simply stands for strengths, weaknesses, opportunities, and threats, and the purpose of a SWOT analysis is to create a synthesized view of your current state. For a detailed SWOT analysis, you will need data from both internal and external sources. Internal, perspective from your company’s executives, board, customers, partners, managerial team, employees, and vendors. External sources like megatrends, information from industry associations, market news, etc.



This section should include, key team members and titles, description of education and experience, qualifications of your board of directors, potential contribution to the growth of the company. It should generally answer questions on who does what in your business, what their backgrounds are, why you are bringing them into the business as board members or employees, and what they are responsible for. A detailed description of each division or department and its functions should be outlined.



You mustn’t give a mere list of your products or services here. Under this section, you need to showcase the quality, value, and benefits your business offers.



This is an important section for those looking to get funds from external sources like the bank and other financial institutions. If you are self-funding you can skip this in your business plan. When determining how much funding you will need, there’s a need to state the business’ 3-5 years goal, how much money you need to accomplish this goal, the source of funding, and how you will utilize these funds.



This is a projection of future revenues and expenses. This phase is important to both the business owner and investors or loan organizations because it shows the chances of the business growing and becoming profitable. It reduces financial risks and determines business viability.





A good business plan contains a market study. It is a work in futility to start a business without studying the sector you are launching into. This allows you to know if your business can make a significant contribution to the market. Market research helps you learn the type of market that already exists. Is it a growing or saturated market? ( a saturated market is one in which supply is higher than demand), is your offer feasible?

Companies that offer business plan development services such as the Abuja Data School have the resources (both human and material) and facilities that allow you to discover the number of companies already established in the interest sector, your potential competitors, and also ways you can modify your business plan to thrive in the given sector (whether or not the market is saturated). You will also get data on the average turnover, number of employees, and other useful information about businesses in the given sector.



Before establishing or upscaling a company, there is a need to clarify the company’s vision and strategy. This ensures that you do not get caught up in unexpected situations which could be sometimes problematic. You must ensure you have everything necessary to achieve the company’s vision. It is better to invest time and resources in getting a good and workable business plan because the complexity of a problem could double once the company is launched.



A good business plan is a crucial requirement for getting financing from investors or banking organizations. Also, solid and well-structured data is needed to convince potential investors to trust and bet on your company. It is based on the information contained in it that they will or will not decide to support you financially in the implementation of your project. After all, anyone interested in investing money in your business will want to understand the business model. Is it sustainable in the long term? What is your short- and medium-term financing plan? What is your cash plan and what are your needs? A business plan is generally required for all companies seeking financing.



A good business plan would help you gain the trust of other professionals who would like to work with you. It would highlight your business acumen/savviness, be convincing, and at the same time allow you to negotiate rates.





Writing a business plan can be overwhelming for a lot of business owners,, although most business owners have a good knowledge of their business, it takes an unbiased third party who knows the crux of business growth and expansion to point out issues, areas that need modification/change, etc. for the growth of the company.

  • Abuja data school, an experienced business development consultant, is an invaluable asset for any business whether a start-up or an existing company with an idea and a vision. Our personnel is skilled in data analysis, digital marketing, UI/UX design, administrative management, project management, customer service, website development, and other skills which are crucial skills needed for business growth.


  • We take time to understand our client’s business model and environment. All recommendations we make are a result of the current needs of the business. The original vision of the business will be improved, transformed, or modernized in such a way that a more productive and vision-oriented business is created.


  • Our team offers you the market research, writing, and formatting you need for your business growth. Our business plans are designed to guide the running of your business and achieve its goals and objectives. We don’t have ready-made business plans for all our customers, we tailor them to meet the exact needs of our customers.


  • We will help you identify, analyze and quantify growth opportunities. We recommend growth opportunities that help your business have a broader look at factors like financing, technical capability, debts, and liquidity of the company. Our team analyzes past and current financial figures, this allows them to collect data that shows various ways to optimize cash flow management.


Business plan

A Business Plan is a document in which a business opportunity is identified, described and analyzed, examining its technical, economic and financial feasibility aspects. The Plan develops all of the procedures and strategies necessary in order to convert the business opportunity into an actual business project. The business plan training in Abuja, Nigeria is going to be teaching you how to create a business plan for you to lay your business foundation on, it is going to contain the financial projections of the business, the goals of the business and the strategies intended to execute or implement the targets. It is an indispensable tool in order to start up a business project. Also, the business plan training in Abuja, Nigeria will let you know how your business plan will serve as a business card for introducing the business to others: banks, investors, institutions, or any public body, when it comes to seeking cooperation or financial support of any kind.

Sections of a business plan

It is necessary for a business plan to follow a specific template or concept. There are essential sections which need to be included in the business plan. The business plan training in Abuja will be putting you through all the important sections necessary to be included in your business plan. All you need to understand is what is expected in each section of the business plan and then pull together all necessary data and information to complete it. Discussed below are the essential sections you are expected to have in your business plan.

Executive Summary: The function of the executive summary is to give context to the rest of your business plan with a detailed overview. Entrepreneurs frequently complete the executive summary last, because it sums up what’s in the rest of the business plan. Business owners often talk about the mission and aim of their business idea.  A kind of proposition is also included in the executive summary as well, which explains how the new business idea differs from other companies on the market, which could be competing for the same audience.

Business Description: The business description section lets you go into full detail on your business concept and also making detailed description of the business. The business description can be a powerful motivator for you as you hustle to open your business, you can go over it anytime so as to always put in mind what your set goals are. Questions to guide your thinking in writing this section include:

  • Where are you located?
  • What products will you sell?
  • Who are your target customers?
  • What is your projected growth?
  • What opportunities does your business have?

Market Analysis: To succeed in your business, you need to know who your competitors are and where you fit in the market, the business plan training in Abuja will also help you know how to achieve this. In a market analysis, you will need to outline where your business fits in the market. As you describe your target in the market, you may need to include profiles or personalities of your ideal customers. Who are they?, and what else do they like to do or buy?

Organization and Market structure: In running your business, you may not have to run the business alone. This section of the business plan has to do with the showcasing of your team members you are going to be working with in order to achieve the set goals, talking about the different players on your team, highlighting the qualifications, experience, and roles everyone plays in the team.

Sales Strategies: After you situate your products on the market, you should talk about the promotional strategies you are using while launching the business and any great ideas you want to try later. Do not forget to talk about your business website, including your SEO (search engine optimization) strategy, or any customer loyalty strategies. The business plan training in Abuja will be taking you through how to deduct best sales strategies for your business.

Funding: Here, the money you need to open your business comes into play. In this section, you talk about how much money you need to open your business.

Financial projections: This section has to do with drawing of market trends and projected revenue growth to talk about how profitable your business will be. It will also talk about the cash flow you will develop and how your cash flow will help you grow.

Why you need a business plan

The following are reasons why it is mandatory for you to draw a business plan for your business:

  1. A business plan not only helps entrepreneurs focus on the specific steps necessary for them to make business ideas succeed, but it also helps them to achieve short-term and long-term objectives.
  2. It helps you to determine your financial needs.
  3.  It helps you to attract investors, employees and a management team.
  4. It reduces the risk of pursuing the wrong opportunity. The process of creating the business plan helps to minimize opportunity costs.
  5. It also helps you to position your brand. Creating the business plan helps to define your company’s role in the marketplace.

Why our business plan writing services is the best

Talking of the best business plan you need for your business to grow and be successful, we have all it takes to put you in line. The business plan training in Abuja will be impacting in you the measures, techniques, steps and concepts you need to take in booming your new or old business. The business plan training in Abuja will be handled by professionals who are unique and distinguished and have been committed into this field and are ready help you achieve your business dreams and take your business to a place of higher pinnacle.

How you can access our professional business plan writing services

Apart from offering you the business plan training in Abuja, we also offer profession business writing service. We help you build your business plan while you sit down and relax. Our business plan writing service is the best because it is handled by professionals who will create for you a structure that will forever project, distinguish and move your business forward.

Who is the business plan training for

In this modern world, there is no excuse for anyone not to invest. In one way or the other, you have to partake in the finance world. You need a business plan for your business, either small or large scale and regardless of the field you find yourself. Business owners, students, bankers, engineers, farmers, civil servants and all entrepreneurs generally, everyone needs a business plan in order to achieve set goals or aims and be able to stand out in the real world. The business plan training in Abuja is set to help you achieve all your targets easily. 

Hi, How Can We Help You?