photo: Cleveland State CC.edu |
Starting a business in the
world of sports and entertainment can be a daunting task for many. Below are a
few experts in the field of developing business plans and key components to the
success of a business plan:
One professional who is an
expert in the field of business plan development is Mr. Shyam Jha. Shyam Jha is
a Principal Consultant at Cayenne Consulting. According to Caycon.com, Jha has over
30 years of experience to include a combination of writing business plans,
financial education and more. While working at Nortel, Jha lead business
development at Nortel's $5 billion Carrier Packet Solutions Business Unit.
photo: Caycon.com |
According to PR.com, Jha
was Vice President at Corvis where he played a major part in its $1.1 billion
IPO. The CEO and founder of Cayenne Consulting Akira Hirai stated, “Shyam’s
strong background in hardware, networking, and telecommunications is a welcome
addition to our team…”
photo: Sherry Darden.com |
Darden currently owns
Hundredfold Return, Inc located in Dallas, Texas. Her company offers an array
of business education to business across the country. According to Sherry Darden.com, she is a Small Business Development Specialist and a certified tax
consultant trained by the IRS. Darden has 20+ years of tax experience.
The critical and key
components that investors look for in a business plan varies. The components
include things like the mission statement, market analysis of the company, a description
of how your product or service differs from others, revenue projections and
more, according to Forbes.com.
photo: Business Plan Mentor.com |
These components are
considered key for different reasons. The mission statement defines what the
company is trying to create. A company’s market analysis defines the type of
business you're in and the competitors of the business. A description of your
product and how it differs from others describes the unique nature of your
business and how it may thrive. The revenue projections of your company provide
the financial make up of where you are and where you will be in the future.
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