Main Business Plan

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    Business Plan

    Blue print of business.

    Written document

    Detailed and covers entire scope of

    business

    It may be in the form of a report.

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    Definition

    Document that can convince

    the reader that the business

    can produce enough revenue

    to make a satisfactory profitand therefore attractive as an

    investment opportunity

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    Functions of a Business Plan

    Serves as an Action Plan

    Serves as a Road Map

    Serves as a Sales Tool

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    Executive Summary

    (Step Ten)

    Opportunity

    Solution

    Competitive Advantage

    Process

    Positioning

    Financials

    Management

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    Mission Statement

    A clear statement of your

    companys long-term mission. Try

    to use words that will help direct the

    growth of your company, but be as

    concise as possible.

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    History and Current Status

    Briefly outline the history and

    current status of your company

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    Market and Products

    Summarize key technology,

    concept or strategy on which your

    business is based

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    Objectives

    Where are you going with your

    company?

    What are your goals for the

    company?

    What is your exit strategy?

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    Long-Term Goals

    5-Year Goals

    State specific measurable objectives

    State Market share objectives

    State revenue/profitability objectives

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    Products and Services

    Description (Step Two)

    Introduction

    Description

    Market Comparison

    Proprietary Rights

    Stage of Development

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    Industry and MarketplaceAnalysis (Step Three)

    Introduction Industry Analysis

    Marketplace Buyer Analysis

    Marketplace Competitor Analysis

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    Opportunities

    Problems & Opportunities

    State consumer problems, and define

    nature of product/service opportunities

    create by those problems

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    Competition

    Summarize competition

    Outline your companys competitive

    advantage

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    Risks & Rewards

    Risks

    Summarize risks of proposed project

    Addressing Risk

    Summarize how risks will be

    addressed Rewards

    Estimate expected pay-off, particularly

    if seeking funding

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    Marketing Plan(Step Four)

    Introduction (The Seven Sentence

    Plan)

    Target Market Strategy

    Product/Service Strategy

    Pricing Strategy Distribution Strategy

    Sales Strategy

    Marketing and Sales Forecasts

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    Operations Plan(Step Five)

    Introduction

    Operations Strategy

    Scope ofOperations

    Ongoing Operations

    Operating Expenses

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    Development Plan(Step Six)

    Introduction

    Development Strategy

    Development Timeline

    Development Expenses

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    Resource Requirements

    Technology Requirements

    Personnel Requirements

    Resource Requirements

    External Requirements

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    Management Plan(Step Seven)

    Company Organization

    Management Team

    Administrative Expenses

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    Financial Plan(Step Eight)

    Financial Statements

    Ratio Analysis

    Funding Requirements

    Sources and Uses of Funds

    Business Risks

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    Offering(Step Nine)

    Investment Requirements

    Valuation of the Business

    Exit Strategies

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    Key Issues

    Near Term

    Isolate key decisions and issues that

    need immediate or near-term

    resolution

    Long Term

    Isolate issues needing long-term

    resolution

    State consequences of decision

    postponement