Make copies for each lender or investor you wish to approach. It is of prime interest to the lender and shows how you intend to repay your loan. This is often used as a teaser to awaken the interest of potential investors, customers, or strategic partners.
Project costs associated with the location. Include only the supporting documents that will be of immediate interest to the person examining your plan.
Use the results to analyze the effectiveness of your operation. The Marketing Plan defines all of the components of your marketing strategy. Cover Sheet Serves as the title page of your business plan Name, address, and phone number of the company.
Business plans that identify and target internal goals, but provide only general guidance on how they will be met are called strategic plans.
Who will you use for a tax accountant? If your business is new and has not yet begun operations: Legal Structure Describe your legal structure and why it is advantageous for your company.
Summary of Financial Needs needed only if you are seeking financing This is an outline giving the following information: The content of the presentation is usually limited to the executive summary and a few key graphs showing financial trends and key decision making benchmarks.
If you are seeking a lender or investor, ratio analysis as compared to industry standards will be especially critical in determining whether or not the loan or venture funds are justified.
A business plan will be the best indicator that can be used to judge your potential for success. It is the blueprint of your business and will provide you with the tools to analyze your operation and implement changes that will increase your sales and, ultimately, your profitability.
An internal business plan is often developed in conjunction with a balanced scorecard or a list of critical success factors.
Unsourced material may be challenged and removed. Audience[ edit ] Business plans may be internally or externally focused. What system will you set up for daily accounting?
This is a key section if you are seeking wikipedia business plan outline. If you are turned down for financing, be sure to retrieve your business plan. Liquidity Analysis net working capital, current ratio, quick ratio Profitability Analysis gross profit margin, operating profit margin, net profit margin Debt Ratios debt to assets, debt to equity Measures of Investment return on investment Vertical financial statement analysis shows relationship of components in a single financial statement Horizontal financial statement analysis percentage analysis of the increases and decreases in the items on comparative financial statement Business Financial History This is a summary of financial information about your company from its start to the present.
Venture capitalists are primarily concerned about initial investment, feasibility, and exit valuation. Financial Statement Analysis In this section you will use your income statements and balance sheets to develop a study of relationships and comparisons of: Then complete the summary by briefly addressing: If you have completed the rest of the financial section, you should have all of the information you need to transfer to this document.
Letters of Reference Letters recommending you as being a reputable and reliable business person worthy of being considered a good risk. Please help improve this article by adding citations to reliable sources. Limited partnership agreements, shipping contracts, etc. A business plan is not meant to be a static document.
Project future needs for adding employees. A business plan is a requirement if you are planning to seek financing. Month and year your plan was prepared. It is called an elevator pitch as it is supposed to be content that can be explained to someone else quickly in an elevator.
Your final plan may vary according to your specific needs or individual requirements of your lender or investor. You will address the details of your market analysis, sales, advertising, and public relations campaigns. If there are crucial elements of the business plan that take up a lot of space, such as applications for patents, they should be referenced in the main plan and included as appendices.
Back Up your statement with supporting data.What is a 'Business Plan' A business plan is a written document that describes in detail how a business, usually a new one, is going to achieve its goals. A business plan lays out a. The following outline is provided as an overview of and topical guide to business: Business – organization of one or more individuals, engaged in the trade of goods, services, or both to consumers,  and the activity of such organizations, also known as "doing business".
Business plan outline based on Anatomy of a Business Plan and Automate Your Business Plan, used for bank and SBA loan applications. Oct 03, · Use this business plan section to outline your marketing plan, your sales plan, and the other logistics involved in actually running your business.
You’ll want to cover the technology you plan on using, your business location and other facilities, special equipment you might need, and your roadmap for getting your business up and running/5().
1 BUSINESS PLAN OUTLINE Use the following outline to summarize your business planning decisions. Title each section of your written plan as indicated in the outline. Write, in your own words.
Jul 11, · How to Write a Business Plan for a Small Business.
A business plan refers to a written document that comprehensively outlines what your business is, where it is going, and how it will get there. To write a business plan for a small business, start by writing an executive summary that briefly outlines your business.
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