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Fundamentals
of a good business plan
1.
Articulate your vision accurately 2.
Demonstrate your commitment, enthusiasm and expertise 3.
Clear, concise, correct, complete 4.
Appeal to potential investors 5.
Avoid the 1st person, use proper names Standards
for business plan 1.
Folder -clear cover 2.
Title page 3.TNR
12 or arial 12 -double spaced 4.
Table of contents -numbered pages -footer/
co.name 5.
Section Titles-body, centered (14 font) Introduction
Comes
before table of contents-not listed in toc Executive
Summary
-short
summary of main goals and recomendation, allows managers to quickly review where
they want to go Business
plan 1.
The opportunity (1 page) -description
of purpose of your business -emphasizes
the opportunity for you to succeed 2.
Product or service (2 or 3 pages) -detailed
description of your existing Or
proposed product or service 3.
The Market (2 or 3 pages) -from
market reaserch -who
will buythe production and why -location,
proposed pricing strategy, competition, distribution 4.
Management (1 page) -people
within the business, baclxround and skills 5.
Manufacturing and/or delivery process (1 page) -plans
for manufacturing your product or delivering your service 6.
Financial Projections (1 page + 2 spread sheets) -spreed
sheet -cost
to develop your product or service (prior to normal operations) -projected
cash flow statement start up capital -over/year
-Show
a balance at year end 7.
Required Investment (2 pages) -amount
of money required -timing
of the cash required for funding -when
can investors expect to have funds back 8.
Controls (1 page) How
the progress of the plan will be monitored Planning
for April
1.
Business plan 2.
Manufacturing (packaging) 3.
Financing 4,
storefront -backboard
display
business card (hard stocks for trade show
and paper stock for yr. 1 students ) |
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