The Standout Business Plan by Vaughan Evans
Author:Vaughan Evans
Language: eng
Format: epub
Publisher: AMACOM
SYSTEMS AND IT
What are the key systems and IT you use in your manufacturing or service operations? How long have they been in place? What did you use before? How effective have these new systems been? How do they compare with the systems and IT of the competition?
What are the shortcomings of your systems and IT? How can they be improved? What are the cost implications? One of the authors reviewed the plan of a global player in payments. Its systems were an acknowledged weakness and any prospective buyer was made fully aware that a major investment would be needed in updating the systems very soon after taking over the company. The backer needed to know and was told upfront.
Your situation is unlikely to be so drastic; nonetheless, if there are any systems or IT issues that your backer needs to know about, here is the place to lay them out.
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