How To Write A Business Plan [Bain][1]

Slide 1: How to Write a Business Plan Presentation by former BAIN & Company Management Consultant De c e m b e r 2 0 0 7

Slide 2: Contents 1. Business Start-up Process 2. Writing the Business Plan 3. Constructing the Team

Slide 3: Contents 1. Business Start-up Process 2. Writing the Business Plan 3. Constructing the Team

Slide 4: Stages of a Start-up

Slide 5: 5 Key Factors for Success

Slide 6: Elements of a Business Idea

Slide 7: Innovation Classification Scheme

Slide 8: Traditional Service Providers

Slide 9: Role of Venture Capital

Slide 10: Collective Team Strength

Slide 11: Network Support

Slide 12: Contents 1. Business Start-up Process 2. Writing the Business Plan 3. Constructing the Team

Slide 13: Contents “Writing a Business Plan forces you into disciplined thinking, if you do an intellectually honest job. An idea may sound great, but when you put down all the details and numbers, it may fall apart” Eugene Kleiner, Venture Capitalist

Slide 14: Characteristics of a Business Plan

Slide 15: Elements of a Business Plan

Slide 16: Key Questions 1: Executive Summary

Slide 17: Key Questions 2: Product or Service

Slide 18: Key Questions 3: Management Team

Slide 19: Key Questions 4: Market & Competition

Slide 20: Key Questions 5: Marketing & Sales

Slide 21: Key Questions 6: Business System & Org’n

Slide 22: Key Questions 7: Implementation Schedule

Slide 23: Key Questions 7: Opportunities & Risks

Slide 24: Key Questions 7: Financial Planning

Slide 25: Contents 1. Business Start-up Process 2. Writing the Business Plan 3. Constructing the Team

Slide 26: Constructing the Team “Invest in people, not ideas” Eugene Kleiner, Venture Capitalist

Slide 27: Characteristics of a powerful Team . Common vision . Everybody wants to succeed . Complementary attitudes and strengths . At least 3, but usually no more than 6 people . Sticks together through thick and thin . Staying power, even when there are setbacks

Slide 28: Characteristics of a Powerful Team . Common vision . everybody wants to succeed . Complementary attitudes and strengths . At least 3, but usually no more than 6 people . Sticks together through thick and thin . Staying power, even when there are setbacks

Slide 29: Criteria Applied by Investors . Has the team already worked together? . Do team members have relevant experience? . Do the founders know their weaknesses and are they willing to make up for them? . Have the founders agreed on their future roles and are ownership issues settled? . Has the management team agreed on a common goal, or are there underlying differences of opinion? . Do the team members fully back the project?