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03-01-2005, 03:21 PM
Business Plan Outline


The following outline of a typical business plan can serve as a guide. You can adapt it to your specific business. Breaking down the plan into several components helps make drafting it a more manageable task.



Introduction
Give a detailed description of the business and its goals.


Discuss the ownership of the business and the legal structure.


List the skills and experience you bring to the business.


Discuss the advantages you and your business have over your competitors.


Marketing
Discuss the products/services offered.


Identify the customer demand for your product/service.


Identify your market, its size and locations.


Explain how your product/service will be advertised and marketed.


Explain the pricing strategy.

Financial Management
Explain your source and the amount of initial equity capital.


Develop a monthly operating budget for the first year.


Develop an expected return on investment and monthly cash flow for the first year.


Provide projected income statements and balance sheets for a two*year period.


Discuss your break*even point.


Explain your personal balance sheet and method of compensation.


Discuss who will maintain your accounting records and how they will be kept.


Provide "what if" statements that address alternative approaches to any problem that may develop.



Operations

Explain how the business will be managed on a day*to*day basis.


Discuss hiring and personnel procedures.


Discuss insurance, lease or rent agreements, and issues pertinent to your business.


Account for the equipment necessary to produce your products or services.


Account for production and delivery of products and services.

Concluding Statement
Summarize your business goals and objectives and express your commitment to the success of your business.


[Edited: Reason for edit - removal of URL]

forbesross
11-26-2016, 01:05 PM
Very informative write on business plan and yes we need to have a strong plan and operations department to strengthen a company or an organisation which can boost the sales and revenue. Ultimately being commercial and getting revenues are the goals of any firm. A good planning like you suggested can help to achieve that.

Adisa Royals
11-27-2016, 04:37 PM
Very helpful and informative.
Business plan should be cross checked to know factors that can increase or hinder its growth in any way possible. these factors are looked upon and worked on to benefit the company. The marketing aspect should be drafted after a detailed descriptive Marketing Research.
In writing, the plan should be flexible and considerate and precise to be understood by every member of the organization.

MahaKarthi
06-06-2017, 01:05 AM
One needs to understand that writing a business plan requires a good idea about the type of business one would like to do. Piterion has experts to help you decide.

Coolcory
08-08-2017, 08:06 PM
I'm looking to purchase a company and this will definitely help me in writing my business plan.

g_nicks
08-31-2017, 04:18 AM
This is a very interesting thread. Very helpful checklist.

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TheDogLine
01-04-2018, 11:19 PM
Thank you for sharing this information. Business Plan is important because this acts as a management tool that can be referred to regularly to ensure the business is on course with meeting goals, sales targets or operational milestones.

Rohit Chandiramani
01-09-2018, 03:44 AM
Thanks for the sharing this business plan. This is very informative for a business.
Remember following points also.
Business plans should be short and concise.
Know your audience. Write your plan using language that your audience will understand.

Rohit Chandiramani
01-09-2018, 03:45 AM
Thanks for the sharing this business plan. This is very informative for a business.
Remember following points also.
Business plans should be short and concise.
Know your audience. Write your plan using language that your audience will understand.

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01-21-2018, 11:23 PM
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Richard lee
02-21-2018, 09:40 AM
Thanks Sir Very good and helpful sharing Buziness information. Thanks Sir

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03-23-2018, 07:00 PM
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03-26-2018, 07:01 AM
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03-29-2018, 04:54 AM
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lantranhana
08-14-2018, 09:53 AM
If you're new to business planning, it can be really helpful to see some samples before you start writing your own plan.

rosstaylor
09-07-2018, 12:55 AM
3 rules for writing a business plan:
Keep it short. Business plans should be short and concise.
Know your audience. Write your plan using language that your audience will understand.
Don't be intimidated. ...
Executive summary. ...
Opportunity. ...
Execution. ...
Team and company. ...
Financial plan

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pinkertonpierre
05-02-2019, 09:44 AM
Having worked with entrepreneurs and aspiring business owners for over 15 years, I've learned that the more succinct and concise (just some fancy words meaning short, sweet, and to the point) the business plan, the better for both the entrepreneur(s) and the investors. The primary questions that needs explanation in the business plan are 1) what are you trying to accomplish?; 2) how do you think it will work and what's your proof?; 3) how do you plan on paying for it?; and 4) how do you make money doing it to not only cover your cost, but make a profit?

MichealCurry
05-03-2019, 01:52 AM
Hey really impactful! Thanks for sharing the points.

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06-17-2019, 10:16 AM
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Service or product line. ...
Marketing and sales. ...
Funding request. ...
Financial projections.

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Chief rundown. Momentarily mention to your peruse what your organization is and why it will be fruitful.
Organization depiction.
Market examination.
Association and the board.
Administration or product offering.
Showcasing and deals.
Subsidizing demand.
Monetary projections.

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Executive summary. Briefly tell your reader what your company is and why it will be successful. ...
Company description. ...
Market analysis. ...
Organization and management. ...
Service or product line. ...
Marketing and sales. ...
Funding request. ...
Financial projections.

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