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    Writing a business plan
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    Business Plan Outline (Contact www.MotivatedEntrepreneur.com for all your needs)



    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.


    Motivated Entrepreneur Consulting can help you develop all the tools necessary in order to prepare for successful operation of your business. Visit us today at www.MotivatedEntrepreneur.com


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  2. Collapse Details
    LivePlan asks you questions about your business, you plug in the answers. It's as easy as that. You'll get straight-forward instructions with examples on:

    Ways to write a pitch that grabs investors' attention
    What to include in your marketing plan
    Every other essential piece of your business plan


    Share on facebook


    Reply With Quote
     

  3. Collapse Details
    LivePlan asks you questions about your business, you plug in the answers. It's as easy as that. You'll get straight-forward instructions with examples on:

    Ways to write a pitch that grabs investors' attention
    What to include in your marketing plan
    Every other essential piece of your business plan


    Share on facebook


    Reply With Quote
     

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