Planning your Business Primer on How to make a Business plan http://www.slideshare.net/ArnelSSI
What is a Business Plan? <ul><li>A business plan is a document used to detail plans for a start-up or existing business.  ...
Purposes of a Business Plan <ul><li>Simply stated, a business plan conveys: </li></ul><ul><ul><li>your business goals,  </...
Three primary parts to a business plan   <ul><li>Business concept </li></ul><ul><li>Discuss the industry, your business st...
Components of a Business Plan <ul><li>Business Profile </li></ul><ul><li>Product Information </li></ul><ul><li>Marketing a...
I. Business Profile <ul><li>Business Name and Logo </li></ul><ul><li>Members </li></ul><ul><li>Vision and Mission </li></u...
II. Product Information <ul><li>Product Name </li></ul><ul><li>Competitive Edge </li></ul>
II. Marketing and Operations <ul><li>Marketing strategies </li></ul><ul><li>Manufacturing and organization of items to be ...
IV. Finances <ul><li>Source of Funds (Capital) </li></ul><ul><li>Expenses (Cost of Production) </li></ul><ul><li>Projected...
Three C’s in Writing a Business Plan <ul><li>C oncise </li></ul><ul><li>C onvincing </li></ul><ul><li>C omplete </li></ul>
Be Concise:   <ul><li>The goal of the business plan is for the entrepreneur to explain the company they want to build so t...
Be Convincing:   <ul><li>A convincing opportunity is optimized by the right deal, with the right price, at the right time,...
Be Complete:   <ul><li>An incomplete plan, such as one that lacks financials, marketing or sales strategy, makes it look l...
In closing……. <ul><li>A business plan is a necessary tool for all businesses. Just as a home is not built without blueprin...
Further Readings <ul><li>For helpful tips and guides in preparing your business plan, download the file  Chapter7Businessp...
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Planning your business

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Planning your business

  1. 1. Planning your Business Primer on How to make a Business plan http://www.slideshare.net/ArnelSSI
  2. 2. What is a Business Plan? <ul><li>A business plan is a document used to detail plans for a start-up or existing business. </li></ul><ul><li>It is used to describe business goals and strategies, as well as provide a blueprint of financing and marketing plans. </li></ul><ul><li>It provides detailed information about where a company is going and how it will get there. </li></ul>
  3. 3. Purposes of a Business Plan <ul><li>Simply stated, a business plan conveys: </li></ul><ul><ul><li>your business goals, </li></ul></ul><ul><ul><li>the strategies you’ll use to meet them, </li></ul></ul><ul><ul><li>potential problems that may confront your business and ways to solve them, </li></ul></ul><ul><ul><li>the organizational structure of your business (including titles and responsibilities) </li></ul></ul><ul><ul><li>the amount of capital required to finance your venture and keep it going until it breaks even. </li></ul></ul>
  4. 4. Three primary parts to a business plan <ul><li>Business concept </li></ul><ul><li>Discuss the industry, your business structure, your particular product or service and how you plan to make your business a success. </li></ul><ul><li>Marketplace section </li></ul><ul><li>Describe and analyze potential customers (who and where they are, what makes them buy and so on). </li></ul><ul><li>Describe the competition and how you’ll position yourself to beat it. </li></ul><ul><li>Financial section </li></ul><ul><li>Contains your income and cash flow statement, balance sheet and other financial ratios, such as break-even </li></ul>
  5. 5. Components of a Business Plan <ul><li>Business Profile </li></ul><ul><li>Product Information </li></ul><ul><li>Marketing and Operations </li></ul><ul><li>Finances </li></ul>
  6. 6. I. Business Profile <ul><li>Business Name and Logo </li></ul><ul><li>Members </li></ul><ul><li>Vision and Mission </li></ul><ul><li>Commitment </li></ul>
  7. 7. II. Product Information <ul><li>Product Name </li></ul><ul><li>Competitive Edge </li></ul>
  8. 8. II. Marketing and Operations <ul><li>Marketing strategies </li></ul><ul><li>Manufacturing and organization of items to be sold </li></ul>
  9. 9. IV. Finances <ul><li>Source of Funds (Capital) </li></ul><ul><li>Expenses (Cost of Production) </li></ul><ul><li>Projected Sales (Selling Price) </li></ul><ul><li>Projected Profit (Mark-up) </li></ul>
  10. 10. Three C’s in Writing a Business Plan <ul><li>C oncise </li></ul><ul><li>C onvincing </li></ul><ul><li>C omplete </li></ul>
  11. 11. Be Concise: <ul><li>The goal of the business plan is for the entrepreneur to explain the company they want to build so they will a.) be able to condense it and render an executive summary that the investors will read and b.) have a basic execution plan for the company . </li></ul>
  12. 12. Be Convincing: <ul><li>A convincing opportunity is optimized by the right deal, with the right price, at the right time, with the right product/service and the right team. </li></ul>
  13. 13. Be Complete: <ul><li>An incomplete plan, such as one that lacks financials, marketing or sales strategy, makes it look like the entrepreneur hasn’t thoroughly thought out their business. This makes them look either unprofessional, fly-by-night, or both. </li></ul>
  14. 14. In closing……. <ul><li>A business plan is a necessary tool for all businesses. Just as a home is not built without blueprints or a movie made without a script, you don’t start a business without a sound and workable blueprint. </li></ul>
  15. 15. Further Readings <ul><li>For helpful tips and guides in preparing your business plan, download the file Chapter7Businessplan.pdf at www.slideshare.net/ArnelSSI . </li></ul>Thank Y u!

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