A business plan outlines a company's strategic and financial plans. It includes sections on management, products/services, marketing, operations, organization, and finances. The plan provides a roadmap for the business and is used to attract investors and guide decision making. It analyzes the industry, competitors, and describes how the business will execute its goals and grow over time.
A business plan outlines a company's strategic and financial plans. It includes sections on management, products/services, marketing, operations, organization, and finances. The plan provides a roadmap for the business and is used to attract investors and guide decision making. It analyzes the industry, competitors, and describes how the business will execute its goals and grow over time.
A business plan outlines a company's strategic and financial plans. It includes sections on management, products/services, marketing, operations, organization, and finances. The plan provides a roadmap for the business and is used to attract investors and guide decision making. It analyzes the industry, competitors, and describes how the business will execute its goals and grow over time.
strategic planning A Business Plan provides a Planning function The Parts of a Business Plan Cover Page Market Analysis
Title Page Competitive Analysis
Table of Contents Marketing Plan
Executive Summary Operations Plan
Management Plan Organizational Plan
Company Description Financial Plan
Product and Service Plan Growth Plan
Mission and Vision Statements Contingency Plan
Industry Overview Supporting Documents
Executive Summary • A brief recitation of the key points contained in a business plan .
• The executive summary should include the most
important information from each section of the business plan. Management Team Plan
You must describe how management team has the capabilities to execute your business plan. Company Description
The company description section of the
business plan outlines the company’s background information and basic business concept. Product and Service Plan • In the product and service plan section of the business plan, you present the nature of your business and the unique features of the product or service. Main Features of the product including: Branding, Trade marks, Packaging, Support services, Warranties, Prices & other offers. Company Vision & Mission The vision statement and mission statement state the guiding principles by which a company functions.
A Mission Statement defines the company's business, its
objectives and its approach to reach those objectives. A Vision Statement describes the desired future position of the company Industry Overview The industry overview section of the business plan presents your research into the industry, those companies providing similar, complementary, or supplementary products or services. Competitive Analysis The competitive analysis section of the business plan should demonstrate that the proposed business has a advantage over its competitors. Marketing Plan A marketing plan discusses how a company plans to make its customers aware of its products or services.
A marketing plan also describes the market niche, pricing, company image, marketing tactics, a media plan, and a marketing budget. Production Plan Details relating to How Product will be Manufactured?
Detail about all Processes, Raw Materials,
Inventory, Technology, Formula, Quality control and other production related issues. Operational Plan distribution channel The operational plan the means by which a describes all the product or service is processes involving the delivered to the customer production and delivery of direct channel the means of the product or service. delivering a service or product directly to the customer, such as via a Web site
The operational plan indirect channel the means
describes the of delivering a service or product indirectly to the distribution channel customer, such as through a of the product or service. wholesaler Organizational Plan The organizational plan section of a business plan looks at the people aspects and the legal form of the business.
It also describes the roles and compensation of key management personnel and important employment policies. Financial Plan The financial plan presents forecasts for the future of the business.
Financial statements. Financial projections,
Forecasts, Budgets and other important documents related to company finances. Growth Plan The growth plan describes how the business will expand in the future.
Investors and lenders like to see that a business has plans to grow in a planned and controlled way. Contingency Plan The contingency plan section of the business plan looks at the risks to business, such as changing economic conditions and lower-than-expected sales.
It then suggests ways to minimize the risks. Sources of Business Plan Information Government Support services Small Business Promotion Authorities Company Websites Online Databases Private Research Firms Industry & Trade Associations Chamber of Commerce