What should I do to make a website like facebook? Answer on Finance, Technology, Business Plan.?

To make a website like Facebook you can start on your ordinary way. Also you can start in a effective way.

Such as:

First learn about Website fundamental, Website standard, Website Categories.

2. Then learn what is needed to make a website.

3. Discuss this matter with Web Programmer and IT experts.

4. Make budget on your demand.

5. Make a proper plan on your work.

6. Gather every needs that you need.

7. Buy a domain in you choice name and choice a good hosting plane.

8. Finally Start your website as your work plan.

Thanks

A business plan needs sections on each of the following:

Team

Problem

Solution

Product

Traction

Key Metrics

Milestones

Market Size

Target Market

Competition

Competitive Advantage

Market Share

Marketing Strategy

Business Model

Financials Summary

Existing Investors

Funding Requirements

Exit Strategy

There's little merit to making another social media platform nowadays. For technology (the only part I can answer for) I would try just using a host/domain registrar like Godaddy to start. If your traffic gets heavy enough or you need the technological freedom, you can upgrade to your own server.