BADM 475 UNIT 4 IP

Write a detailed outline (like the one below) of your business plan. Organization is important.

Outlines will vary based on the type of venture. A basic outline of the proposed business plan would include the following:

· Cover Page

· Name of the business

· Address and phone number

· Issue date of plan

· Table of Contents

· Executive Summary

· Company information

· Market opportunity

· Financial data

· Company

· Background

· Business form

· Reason for the firm’s establishment

· Environmental Analysis

· Economic

· Competitive

· Legal

· Political

· Cultural

· Technological

· Products or Services

· Different from those currently on the market

· Other uses for the product

· Drawings or photos, if appropriate

· Patents or trademarks

· Competitive advantage

· Potential for growth

· Manage the product or service through the product life cycle

· Expand the product line or develop related products

· Management Team

· Technical skills

· Business skills

· Experience

· Compensation

· Training

· Professional assistance

· Time Line

· Outline interrelationship and timing of major events planned for your venture

· Timing of objectives should be realistic and attainable

· Benefits to the Community

· Economic development

· Community development

· Human development

· Exit Strategy (How and how long before you and your investors will exit the business and get back your investments?)

· Who will succeed you in the business?

· Will the business be sold?

· Financial Plan

· Sources and uses of capital (initial and projected)

· 3-year projections of:

· Cash flow statements

· Balance sheets

· Profit and loss statements

· Breakeven analysis

· Conclusions and important points:

· Discussion of how much equity and how much debt are included

· Highest amount of cash needed

· Expected payback period for loans