How To Write A Business Plan

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How To Write A Business Plan - Presentation Transcript

    • How to write a Business Plan?
    • @
    • International Entrepreneurship Challenge (Dec 2007)
    • Pradeep Chopra
    • Co-founder, OMLogic Pvt. Ltd.
    • 99 out of 100 businesses don’t stick to their original plans
    • “ Plans are , Planning is
    • - Dwight Eisenhower
    Useless Priceless
  1. What is a Business Plan?
    • A business plan is a written description of your
    • business’s future. It’s a document that
    • describes what you plan to do and how you
    • plan to do it.
  2. Why Business Plan?
    • Operating and Financial Plan
    • Your map and compass for the future
    • Sell yourself on your business
    • Sales Pitch
      • Investors
      • Partners
      • Customers
      • Employees
      • Competitions (Brand Building)
    • MAKE MORE MONEY
  3. Plan Your Plan
    • Purpose
    • Business Objectives
    • Financial Goals
    • Resource estimation and allocation
  4. Elements of a Business Plan
    • Executive Summary
    • Company Summary
    • Market Opportunity
    • The Product/Service
    • Marketing Strategy
    • Competitive Analysis
    • Operations
    • Financial Components
  5. Executive Summary
    • Most Important Part
    • 1 Min Test
    • 1 Page Long
    • Concise Explanation
      • how
      • Present =====> Future
    • Written LAST
  6. Company Summary
    • Company Ownership
    • Company History
    • Management Team (Most Important)
  7. Market Opportunity
    • The Problem
    • Customer Needs
      • Definable
      • Meaningful
      • Sizable
      • Reachable
    • Your Solution
  8. The Product/Service
    • Your Product/Service
    • Value for Customers
    • Competitive Advantages
  9. Marketing Strategy
    • P roduct
    • P ricing
    • P romotion
    • P lace
  10. Competitive Analysis
    • S trengths
    • W eaknesses
    • O pportunities
    • T hreats
  11. Operations
    • Implementation/Development Strategy
    • Logistics
    • R & D
  12. Financial Components
    • Cash Flow Statement
    • Income Statement
    • Balance Sheet
    • 3 years with 1st year in detail
  13. Most Common Mistakes
    • Unrealistic
    • No clear plan for progress
    • Failing to describe the product in layman’s terms
    • Lack of market research
    • Lack of competitor research
    • Incomplete financials
    • Lack of valuation and exit strategy
  14. Start Planning…
  15. Thank you!
            • Q & A
            • [email_address]

+ Pradeep ChopraPradeep Chopra, 2 years ago

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