Business plan

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A Typical Business Plan

A 1-2 page summary of the most important points in your plan.

May be the most important part of your business plan.

Your Fact Sheet summarizes the basic information that relates to the venture and is designed to catch the interest of the reader!

A list of the major headings and sub-headings contained in your plan.

Provide identifying information about you and your proposed business. Name, address and contact numbers for the business as well as key company contacts.

Introduce your business plan to the reader

Outline the major features that may be of interest

1.

Letter of Transmittal

2.

Title Page

3.

Table of Contents

4.

Executive Summary

& Fact Sheet

Business Plan Contents

Continued

A Typical Business Plan (Continued)

5.

Body of the Plan

History and current situation of your company

Goals and objectives for the business

Principal characteristics and trends in the industry that will impact your company. What problem are you ultimately going to solve?

Detailed description of your product or service

Outline stage of development and proprietary position

Describe the profile of your principal target customers. Indicate current market size, trends, and seasonal patterns. What percentage of the market are you going to achieve? Why is this reasonable?

Assess the nature of your competition.

Estimate your expected sales and market share.

Company and the Industry

Product-Service Offering

Market Analysis

Continued

A Typical Business Plan (Continued)

Detail the marketing strategy you plan to use

Describe your marketing plan insofar as your sales strategy, advertising and promotion plans, pricing policy, and channels of distribution. This should answer the key question regarding how your are going to achieve your revenue targets.

Your Marketing Plan

Outline of the development status of your product and what is still required to get it to a market-ready state

Are there regulatory, testing or other requirements that still have to be met? What role will your “lead customers” play?

Your Development Plan

Outline the operating side of your business

Describe your location, kind of facilities, space requirements, capital equipment needs, and labor requirements

Your

Production/Operations

Plan

Continued

5.

Body of the Plan

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A Typical Business Plan

(Continued)

Continued

Present an overall schedule indicating what needs to be done to launch your business and the timing required to bring it about

Discuss the major problems and risks that you will have to deal with as well

Your Implementation

Schedule

Identify your key management people, their responsibilities and their qualifications

Indicate the principal shareholders of the business, your principal advisors and the members of your Board of Directors / Advisors.

Your Management

Team

5.

Body of the Plan

(Continued)

A Typical Business Plan

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Indicate the type and amount of financing you are looking for and how the funds will be used.

Outline your proposed terms of investment, the potential return to the investor (IRR), and what benefit is being provided.

Provide an overview of the current financial structure of your business.

Prepare realistic financial projections that reflect the effect of financing. Include:

Cash flow forecasts

Pro forma profit and loss statements

Pro forma balance sheet

Breakeven analysis

Sensitivity Analysis

Your Financial Plan and

Risks / Mitigation Strategies

Continued

5.

Body of the Plan

(Continued)

6.

Appendices

Supporting material for your plan including:

Detailed resumes of the management team.

Product literature and photographs.

Names of possible customers and suppliers.

Consulting reports and market surveys.

Copies of legal documents.

Publicity material.

Letters of reference.

References.

A Typical Business Plan

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