As a small business owner, your business is not only unique; it is a direct expression of you as an individual. Think about it - can a "fill-in-the-blank" business plan really be the right fit for you? Business plans are best they are market specific and tailored to your management style and professional capabilities. Here is a template that will guide the development of a typical business plan.
• 1-3 page overview for funding sources
• Crafted to help reader assimilate and value your concept
• Describes your business profile and history
• Explains your legal structure and ownership situation
• Details your business model and how it will make money
• Identifies your location, terms, and reasons for selection
• Details your product and/or services
• Clarifies your competitive comparison
• Identifies sources and relative costs
• Defines your sales literature needs
• Explains your use of technology
• Clarifies your intellectual property needs
• Identifies future products and/or service
• Identifies market segments
• Details and documents demographic research data
• Clarifies target markets
• Evaluates your competition
• Analyzes your strengths and weaknesses
• Focuses your mission statement
• Develops your positioning strategy
• Details pricing/fee strategy
• Develops your Internet strategy
• Details your promotional options
• Develops your sales strategy
• Details implementation milestones
• Clarifies the management team and background
• Defines the organizational structure
• Details management gaps
• Identifies the staffing plan & costs
• Details your capital requirements
• Explains important financial assumptions
• Develops the Cash Flow Projection
• Details Income and Break-even Projections
• Develops the Projected Balance Sheet
• Details narrative for key financial indicators
• Details important financial ratios
• Explains the risks and contingency plans
• Defines the exit strategy
The 100 Level, 200 Level & 300 Level business plans have topical content that is specific to the plan model. If you need a business plan with compelling strategy and financial clarity for a startup venture, to secure funding or increase market share, please contact me today so we can discuss your needs. Your first step to success and independence is only a keystroke away!
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