BUSINESS PLAN
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Business Plan
Group work: 25 marks
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Executive Summary an overview of the business. ( summary of the first few sentences of the each section) 4 marks
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Operational plan: The business and its objectives – name, address, legal structure, aims and objectives. Personnel, suppliers, equipment necessary. ( 5 marks)
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The business opportunity: a description of the product or service. (3marks)
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The marketing plan: a description of the potential customers and nature of competition. ( 3 marks)
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Financial forecast: sources of finance (bank, personal savings etc and amount), profit and loss forecasts (identify income and expenses for 3 years of operation and state profit or Loss). ( 10 marks)
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Pro forma Income Statement
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YEAR 1 |
YEAR 2 |
YEAR 3 |
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Revenue |
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Less: Expenses |
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Net Profit/Loss |
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