How to prepare a business plan

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How to prepare a business plan

  1. 1. HOW TO PREPARE A BUSINESS PLAN <ul><ul><li>by : </li></ul></ul><ul><ul><li>DR. T.K. JAIN </li></ul></ul><ul><ul><li>AFTERSCHO ☺ OL </li></ul></ul><ul><ul><li>centre for social entrepreneurship </li></ul></ul><ul><ul><li>sivakamu veterinary hospital road </li></ul></ul><ul><ul><li>bikaner 334001 rajasthan, india </li></ul></ul><ul><ul><li>FOR – PGPSE / CSE PARTICIPANTS </li></ul></ul><ul><ul><li>[email_address] </li></ul></ul><ul><ul><li>mobile : 91+9414430763 </li></ul></ul>
  2. 2. My words..... <ul><ul><li>My purpose here is to give an introduction on how to prepare a business plan . I welcome your suggestions. I also request you to help me in spreading social entrepreneurship across the globe – for which I need support of you people – not of any VIP. With your help, I can spread the ideas – for which we stand.... </li></ul></ul>
  3. 3. Use the resources on Net <ul><ul><li>Website : www.bplans.com </li></ul></ul><ul><ul><li>softwares : </li></ul></ul><ul><ul><li>ubpstarter.exe </li></ul></ul><ul><ul><li>bplancreator </li></ul></ul><ul><ul><li>bplanworkbook </li></ul></ul><ul><ul><li>builderbusinessplan </li></ul></ul>
  4. 4. How to start ? <ul><ul><li>Talk to entrepreneurs </li></ul></ul><ul><ul><li>Get business ideas </li></ul></ul><ul><ul><li>Participate in conferences, exhibitions, seminars and read about innovative ideas </li></ul></ul><ul><ul><li>Undertake market surveys to identify gap </li></ul></ul><ul><ul><li>get preliminary ideas about new patents / technologies / innovations </li></ul></ul>
  5. 5. What are the components of a business plan ? <ul><ul><li>Conept – introduction to business model </li></ul></ul><ul><ul><li>Production / operations plan – technical aspectss </li></ul></ul><ul><ul><li>Financial plan (all about funds / money) </li></ul></ul><ul><ul><li>Marketing Plan </li></ul></ul><ul><ul><li>HR Plan </li></ul></ul><ul><ul><li>future possibilitiey (scalability, replicability, new development possibility, competition etc.) </li></ul></ul><ul><ul><li>feasibility study (BEP analysis, etc. ) </li></ul></ul>
  6. 6. Conept – introduction to business model <ul><ul><li>Introduce the concept, how is it different from existing ideas </li></ul></ul><ul><ul><li>introduce the business model – how this business model will work and how is it different from the existing business models </li></ul></ul><ul><ul><li>how will this concept bridge the gap in the market </li></ul></ul><ul><ul><li>give answers to </li></ul></ul><ul><ul><li>WHAT, WHERE, HOW, WHEN, WHO ????? </li></ul></ul>
  7. 7. WHAT ??? <ul><ul><li>WHAT IS THE IDEA ? </li></ul></ul>
  8. 8. WHERE ? <ul><ul><li>WHAT IS THE LOCATION AND WHY ? </li></ul></ul>
  9. 9. HOW ?? <ul><ul><li>WHAT IS YOUR PROCESS, HOW IS IT DIFFERENT AND PRACTICAL ? </li></ul></ul>
  10. 10. WHEN ? <ul><ul><li>WHEN WILL THIS IDEA BE LAUNCHED? </li></ul></ul><ul><ul><li>TIMING , EVENTS, AND THE REASONS FOR TIMINGS </li></ul></ul>
  11. 11. WHO? <ul><ul><li>WHO ARE THE PROMOTORS ? </li></ul></ul><ul><ul><li>WHAT IS THE BACKGROUND OF THE PROMOTORS? </li></ul></ul><ul><ul><li>WHAT IS THE CREDIBILITY OF THE PROMOTORS? </li></ul></ul>
  12. 12. Production / operations plan – technical aspectss <ul><ul><li>GIVE DETAILS OF THE ENTIRE PRODUCTION PLAN / TECHNICAL DETAILS </li></ul></ul><ul><ul><li>DETAILS OF EQUIPMENTS, MACHINES, TECHNOLOGIES </li></ul></ul><ul><ul><li>DETAILS OF SUPPLIERS AND THEIR TERMS AND CONDITIONS </li></ul></ul>
  13. 13. FINANCIAL PLAN <ul><ul><li>HOW TO RAISE MONEY ? </li></ul></ul><ul><ul><li>(share capital / venture capital / government grants / loan / support / promotor's contribution / public contribution / donations / bonds / seed capital) </li></ul></ul><ul><ul><li>Cost of capital </li></ul></ul><ul><ul><li>DETAILED FINANCIAL PLAN </li></ul></ul><ul><ul><li>(projected balance sheets / cash flow statements / income – expenditure statements for 5 years ) </li></ul></ul>
  14. 14. MARKETING PLAN <ul><ul><li>Initial marketing survey </li></ul></ul><ul><ul><li>Test marketing </li></ul></ul><ul><ul><li>Distribution network </li></ul></ul><ul><ul><li>Key ideas in publicity / advertising </li></ul></ul><ul><ul><li>Publicity / advertising plan </li></ul></ul><ul><ul><li>Customer benefits being looked at </li></ul></ul><ul><ul><li>How will you implement marketing plan </li></ul></ul><ul><ul><li>6 Ps : product, price, place, promotion (including publicity), people, presentation(including packaging ) </li></ul></ul><ul><ul><li>6 C : cost, conforts / convenience, content, connection, communication, conversion </li></ul></ul>
  15. 15. HR PLAN <ul><ul><li>What is your first team? </li></ul></ul><ul><ul><li>How will you get the first team ? </li></ul></ul><ul><ul><li>Basic values, ethos, ideals, code of conduct </li></ul></ul><ul><ul><li>Corporate governance structure and super structure </li></ul></ul><ul><ul><li>HR policy and employee motivation plan </li></ul></ul><ul><ul><li>Employee training, development and retention strategy </li></ul></ul>
  16. 16. Future Possibilities <ul><ul><li>Scalability, replicability, new development possibility, competition etc. </li></ul></ul><ul><ul><li>Can you expand this idea? </li></ul></ul><ul><ul><li>Can this idea be replicated ? </li></ul></ul><ul><ul><li>Can this idea be copied ? </li></ul></ul><ul><ul><li>Can this idea be further expanded ? </li></ul></ul><ul><ul><li>Is this idea suitable for future ? </li></ul></ul><ul><ul><li>Technological changes and their impact on this idea ? </li></ul></ul><ul><ul><li>Future scope of this idea ? </li></ul></ul><ul><ul><li>How to develop this idea further ? </li></ul></ul>
  17. 17. Feasibility study <ul><ul><li>Is the project really feasible : 4 aspects : </li></ul></ul><ul><ul><li>1. marketing feasibility </li></ul></ul><ul><ul><li>2. financial feasibility (BEP analysis etc.) </li></ul></ul><ul><ul><li>3. technical & operational feasibility </li></ul></ul><ul><ul><li>4. socio-eocnomic benefits (SCBA) </li></ul></ul>
  18. 18. Web resources on innovations <ul><ul><li>http://www.sristi.org/cms/ </li></ul></ul><ul><ul><li>http://www.gian.org/ </li></ul></ul><ul><ul><li>http://www.sidbi.in/ </li></ul></ul><ul><ul><li>http://www.ciieindia.org/ </li></ul></ul><ul><ul><li>http://www.tamilnaduwomen.org/ </li></ul></ul><ul><ul><li>http://www.nif.org.in/ </li></ul></ul><ul><ul><li>http://www.innovationtools.com </li></ul></ul>
  19. 19. Support resources <ul><ul><li>For innovative ideas, look for support from : </li></ul></ul><ul><ul><li>ASHOKA FOUNDATION : www.ashoka.org </li></ul></ul><ul><ul><li>Angel investors / venture capitalists </li></ul></ul><ul><ul><li>AAVISHKAAR : www.aavishkaar.in </li></ul></ul><ul><ul><li>THE INDUS ENTREPRENEURS : www.tie.org </li></ul></ul><ul><ul><li>NATIONAL ENTREPRENEURSHIP NETWORK : www.nenonline.org </li></ul></ul>
  20. 20. Entrepreneurship instituitons <ul><ul><li>NIESBUD : www.niesbud.nic.in/ </li></ul></ul><ul><ul><li>EDII : www.ediindia.org </li></ul></ul>
  21. 21. Apex institutions to support entrepreneurs <ul><ul><li>http://www.frlht.org.in/ </li></ul></ul><ul><ul><li>http://www.icar.org.in/icar15.html </li></ul></ul><ul><ul><li>http://ciionline.org/ </li></ul></ul><ul><ul><li>http://dsir.nic.in/tpdup/tepp/tepp.htm </li></ul></ul><ul><ul><li>http://agricoop.nic.in/ </li></ul></ul><ul><ul><li>http://www.tic.ac.uk/mediavault/cn/newsletter/cn_news_dec05.htm </li></ul></ul><ul><ul><li>http://www.nrdcindia.com/ </li></ul></ul>
  22. 22. Apex institutions ..... <ul><ul><li>ICAR : http://www.icar.org.in/icar15.html </li></ul></ul><ul><ul><li>ICMR : http://icmr.nic.in/institute.htm </li></ul></ul><ul><ul><li>CSIR : http://www.csir.res.in/ </li></ul></ul>
  23. 23. THANKS.... <ul><ul><li>GIVE YOUR SUGGESTIONS AND JOIN AFTERSCHOOOL NETWORK / START AFTERSCHOOOL SOCIAL ENTREPRENEURSHIP NETWORK IN YOUR CITY / CONDUCT WORKSHOP ON SOCIAL ENTREPRENEURSHIP IN YOUR COLLEGE / SCHOOL / CITY </li></ul></ul><ul><ul><li>[email_address] </li></ul></ul><ul><ul><li>JOIN OUR NETWORK TO PROMOTE SOCIAL ENTREPRENEURSHIP </li></ul></ul>

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