The Four Cornerstones of Every Business Plan

Preparing a business plan is the first real step for becoming an entrepreneur. Professional business consultancy companies can help you with the entire process. The 'first-step' is always a hard-one, therefore engage a qualified business consultant in Houston to show you the right path. There are so many intricate things in a business plan that most people get lost. 

A business consultant in Houston can help you map your business plan. They use four essential cornerstones for building it - Opportunity, Solution, Execution, and Outcomes. It enables you to compose your thoughts and frame out a business plan supporting customer interest and market viability. 

Everything in a business plan falls into these Four Cornerstones categories: 

1. First Cornerstone: Opportunity 

Whenever people face a problem, an opportunity to provide a solution arises. Like - difficulty staying in touch with people, giving birth to Facebook and Twitter, polluting vehicle issues, lead to eco-friendly vehicles, Tesla and MINI Cooper. In short, describe the problem that paves the way to a potential business opportunity. 


2. Second Cornerstone: Solution 

It is the idea to encash the opportunity. Mention how it solves the end-user problems, its features, benefits, pricing, and how you will position it in the market. If you are providing a unique solution, don't forget about patents. Also, check the competition and mention how you will stay ahead of it. 

3. Third Cornerstone: Execution 

It is all about how to market your product, generate awareness, and close sales. It contains details of all the financial aspects, legal requirements, cost of manufacturing a product, type of management team, sources needed, and the business risks. Business consultants in Houston can help you prepare to carve out a profitable niche in the competitive market. 

4. Fourth Cornerstone: Outcomes 

It encompasses the future vision of your company. Mention the expected business in the next five years and how you plan to manage the inevitable changes in markets, consumer behaviors, and competition. Specify how much cash and profit your company can generate and give details about cash flow. 

Conclusion: 

When you prepare a business plan, use these cornerstones and then start brainstorming with the aid of consultants in Houston. Showcase viable ways for investors to cash out and make investment flow with consulting firms in Houston. 













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