So you want to start a new business! Either online or offline, a business plan is critical to the success of your business ingredient. The problem with most business plans is that they are difficult to understand and seem overwhelming for most small businesses. I made easier by providing a self explanatory sections format for you to continue working. This is a simple business plan with a lot of energy when the funding source or client demonstration, among many other benefits are needed.
What is my business plan look like?
executive summary
type of business
Company Overview
administration
product / service, competition
financing, use of funds
financial statements and projections
legal and financial structure
Risk and output
SWOT ad hoc
1. Background and objectives
1.1. Product / Service: What is your business? detailed description.
1.2. history: When did you start? How was the development of the business? achievements.
1.3. Vision: what do you want to be? In what direction your business better than your competitors?
1.4. Mission: the core values of your company. Why this business and how you want to shape?
1.5. steps:
1.5.1. Duration: a measure of vision
1.5.2. steps and short and medium term objectives, measures
1.6. the resources:
1.6.1. critical resources: supporting key success factors
1.6.2. Terms resources to ensure it can provide
1.6.3. financing and the use of funds: the proposal
2. Objectives
2.1. short term:
- The results can be obtained in a year
- Quantitative measurement: efficiency
- For example: sales, gross margin, market share
2.2. Long term:
- The results require more time to measure
- Can be quantitative and qualitative
- Effectiveness show the viability of the business proposal
3. Market Analysis and Industry
3.1. global and specific data
3.1.1. type of industry / services
3.1.2. Current / Niche: market potential, demographics
3.1.3. growth stage: the emergence, growth, maturity
3.1.4. existing similar markets in other countries / regions
3.2. competitive analysis
3.2.1. Declaration opportunities: A sustainable competitive advantage, competitive analysis based on resources
3.2.2. revising their strategies competitors
3.3. five Forces
3.3.1. the bargaining power of buyers
3.3.2. the bargaining power of suppliers
3.3.3. relevant threat of substitutes
3.3.4. Threats of new entrants (entry barriers)
3.3.5. Rivalry between undertakings (influenced by the other four factors)
3.4. macro and micro factors
3.4.1. Global & International: trade agreements, war
3.4.2. National: taxes, regulations, patent protection
3.4.3. Local: incentives, infrastructure
3.5. key success factors, a review of its strategic management
4. Production and Operations
4.1. processes and procedures
4.1.1. input, process, output
4.1.2. Logistics: shop, warehouse, delivery
4.1.3. equipment, tools, infrastructure
4.1.4. Graphics: responsibilities, information flow
4.2. thresholds
4.2.1. Output Capacity: measuring peaks
4.2.2. stages of increased production: bottlenecks
4.3. means
4.3.1. technical resources, equipment and software
4.3.2. power supplies raw materials: physical resources
4.3.3. RH: not substitutable for output
4.4. Quality Assurance
4.4.1. prototyping, testing, approvals
4.4.2. qc starter: sampling procedures
4.4.3. Outgoing qc: Sampling procedures
4.5. customer service
4.5.1. Technical support: call center, on-site
4.5.2. Returns Warranty Policy
5. Marketing Plan
5.1. concept and general guidelines
5.1.1. group (s) Target Client
5.1.2. customer knowledge
5.1.3. customer satisfaction
5.1.4. customer loyalty
5.2. strategy
5.2.1. pricing strategy (leadership, differentiation, focus)
5.2.2. distribution strategy
5.2.3. communication strategy
5.2.4. perceived value
5.3. 4 p (may be combined with 3.2).
5.3.1. product
5.3.2. price
5.3.3. place
5.3.4. promotion
5.4. sales forecast
5.4.1. Short term: (month, region ...) Detailed
5.4.2. long
5.5. market share
5.5.1. short term
5.5.2. long
6. Financial Plan
6.1. financial projections (first monthly year quarterly second year)
6.1.1. P & L (Profit and Loss)
6.1.2. Cash (justify variations)
6.1.3. balance (annual)
6.1.4. investment plan
6.2. source and use of funds
6.2.1. current situation (shareholders, loans if applicable)
6.2.2. requirements (in working capital + investment)
6.2.3. proposed financing (equity, loan, bridging loan)
6.2.4. use of funds (target and schedule)
7. Human resources
7.1. Leadership Team
7.1.1. individual / team (resumes ATTACHED)
7.1.2. education, experience, skills and expertise
7.2. specialized (key staff)
7.2.1. rented
7.2.2. identified but not yet contracted (funding)
7.2.3. found (head hunting ...)
7.3. unskilled resources
7.3.1. turnover of about (cost ...)
7.3.2. about ongoing recruitment (training ...)
7.4. packages and treatments
7.4.1. policy (market rates, annual increase ...)
7.4.2. incentives (commissions, bonuses ...)
7.4.3. specific packages (options)
7.5. HR strategy
7.5.1. a set of values (see the mission)
7.5.2. internal (intranet, group events)
8. Retention
8.1. legal and financial structure
8.1.1. business form
8.1.2. participation (capital position)
8.1.3. the structure of the proposed transaction (if applicable)
8.1.4. next round of funding (if applicable)
8.2. exit strategy
8.2.1. independent growth (self-financing)
8.2.2. IPO
8.2.3. bought more / merge
9. Critical Risks
9.1. risk factors
9.1.1. categories (if?) and answers
9.1.2. Plan (s) "b" and the book value (if any)
9.1.3. most likely scenario
9.2. side (often not recommended)
10. Summary and conclusions
10.1. wrap up
10.1.1. interesting opportunity
10.1.2. uncertainty monitoring
10.1.3. synchronization
10.2. The use of funds and ROI
11. schedule and milestones
11.1. "Events Calendar"
11.1.1. Action Plan
11.1.2. P. R. regime
11.2. benchmarking
11.2.1. expected result
Appendices may include:
detailed product specifications
pictures (product, a production facility)
market statistics
Survey results Market
detailed sales forecasts
advertising, brochure, website content cdrom
sample press release
Description of the equipment, software
CV
References / Recommendations
detailed financial statements
bank statements (if applicable)
audited accounts (if applicable)
Commercial Registration Certificate
All this must be set in a separate document.
As you can see the detail is everything in the business plan. You can change the business plan according to your needs. Remember that it is a living document and must be kept updated and revised periodically. If you're just out or an existing small business, take the time to build your business plan. This will save time and money in the long term and provide a solid basis for the development of your business.
Related Articles:
"Why your home or small business needs a business plan" (Stephen E. Dew 'Home Business Insider)
"Why you should do an analysis of opportunities for your company" (Stephen E. Dew 'Home Business Insider)
Resource Guide:
"BizPlan" - By purchasing ready made templates for your business idea. Visit Home Business Insider.
My thanks to the University of Mekong in Cambodia, Cambodia, the information in this article.
If you want, honest, ethical quick business to generate income at home then visit http://makeprofitsautopilot.com/internet-income-university-review/ free membership for life! and start your juourney.
Stephen Dew, the author, is a veteran of the telecommunications industry in Australia, who lives and works as a professor of TESOL in Cambodia with his wife Lyly 33 years. He was interested in network marketing earlier this year and has developed Home Business Insider, for entrepreneurs who want to learn, share and develop opportunities in the field of Internet home business. Visit their site for business ideas, opportunities and resources http://www.make-profits-autopilot.com.
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