Thursday, October 24, 2013

A Plan For Christian Business Development

By Elena McDowell


Setting up a business that is targeted only to Christians is not very difficult but it can actually be quite a challenge. Of course if one would want to go into Christian business development, then there are a few steps that he would have to take in order to do so. For those who have no idea how to start, this guide will be able to help.

Like all businesses, the very first step would be to think what kind of store should be opened. Now before creating a Christian store, it is extremely important to get the opinion of the church before venturing into anything. The church will have to approve of the concept before the owner decides to make the store.

One way to come up with a great idea for a store would be to subscribe to a Christian Business newspaper that most church provides or read up on some journals. These readings will help one be able to get in touch with what the latest trends are in the world of Christianity. From there, he will be able to get an idea on how he is going to move.

Aside from taking a look at the local paper, another thing that can be done would be to consult the internet. The internet is a haven for those who are seeking information from all over the world. In fact, one can even get in touch with other Christians over the web in order to seek for some advice or ideas.

Once one has already thought of a good idea for his store, then he may now come up with a good business plan. Like a regular plan, one has to include all of the elements of a good one so that he will be guided accordingly. Included inside the plan are the executive summary, list of partners, the target markets, and of course the budget.

The first part to deal with would be the executive summary. The executive summary includes the objective of the store as well as the list of products. It will also give a short insight on what the industry is like. This is pretty much the overview of what is going to happen with the store.

As for the partners, this would most likely be the members or the heads of the churches around the area. Since the store owner would be needing some funds, then maybe the church would be able to help him. The owner may also have other partners like friends or other people.

Included in the plan also would be an in depth analysis on the target market of his store. Now the specific demographics should the age group and social class of this market segment that is targeted. Of course other demographics are needed like the lifestyle and other things.

Lastly, one would have to create a budget for his Christian business development endeavor. Now creating a plan for this type of venture is very much like a regular business with just slight differences. One just always has to remember to align his store with his beliefs otherwise his purpose will be defeated.




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