BY KELVIN DANLADI ISA 

Business premeditation or plan, is a written description of a business future, a file or document that shows what you are planning to do, and how you intend doing it. Business premeditation serve different business purposes, as a result, they are in different forms. Business premeditation can also be seen as the process of thorough planning or thinking on how to create and start a business that will bring more profit and gain. 
STEPS TO BE FOLLOWED WHEN CONSIDERING A BUSINESS PLAN 
. Take your time to think well and brain storm :your first task as a new entrepreneur and a future business owner is to think about every aspect of your propose business. Come up with answers to every question which a prospective customer or potential investor might ask you. For example, when you are brain storming, you must at least be sure to answer the following questions before starting a business ;
A. What scale of business do you want to start? Is it going to be a small or large scale? 
B. Which category of people are the target markets for your product or service? 
C. What problems can your product solve? And if you are a professional, what value can your service offer (mission statement) 
D. What location can you possibly attract patronage? 
E. What will you do different in order to beat competitors? 
F. What may possibly go wrong with your plans and how can you solve it. 
G. How much capital is required, and how can you get it? 
. Create a business plan :After you have taken your time and answer questions about your time and answer question about your business or product idea, you can now put together a concrete business premeditation. Some of these plans include ;
A. A business description (what makes your business unique) 
B. A market analysis (the competition and target demographics) 
C. Business structure (A description of the service of product lines) 
D. The marketing and sales strategy 
E. Financial projections, etc. 
. Gather the needed equipments or resources :No matter what size of business you will like to start you will need some few essential in order to start operations. Create a list of everything you will need and its approximate cost. The examples of this essentials are; capital, skills, tools, humans, location, etc. 
. Launch marketing and brand awareness campaigns:Before you launch the business off the ground, start planning the ideas for marketing, sales and branching effort. Some of the marketing strategy include;
A. One on one with customers :this means taking your products to the customers or consumers, and explaining to them how your product will solve thier problems and meet their needs. 
B. Media:This involves going to the radio stations, and other media stations, to advertise your product to the customers, by explaining the importance and uses of the product to the general public. And some of the key factors that is associated with advertising your product include the branding or design of the product. Therefore in advertising your product,  especially in the mass media, you need to makesure you design your product in such a way that it will attract customers, by giving it a good brand and nice logo. And before choosing the type of media you will like to market your product or services, you must first discover the age, sex and group of the people you are aiming to get or convince with your products. This means that  if you are aiming young girls and boys, then media like facebook, twitter, and Instagram will be better. But if you are aiming elderly people, then newspapers will be much more better. Therefore targeting the type of audience or customers you will like to convince with your products, is very important in business premeditation. 
. Setting future goals :Whether your business is a day or a year old, continuously set goals in order to move your business forward. Examine the competition, employees, investors, and peer. That will help you to decide what new goals need to be set in order to be successful. 
   
Therefore in conclusion, business premeditation or planning, is the most important key to starting a successful business. Therefore, an entrepreneur who understand business, and is willing to excel, will always practice business premeditation before moving into business or entrepreneurship.