This document outlines a 10 step process for creating a business plan. It includes sections on assessing your business idea, creating an executive summary and mission statement, describing your company background and products/services, developing a marketing and competitive analysis, performing a SWOT analysis, planning your operations, and creating financial projections and timelines. The purpose of a business plan is outlined as providing a roadmap for your business, clarifying your vision and roles, and gaining financing or office space. Reasons for not completing a plan include a lack of time, uncertainty around what to include, discomfort with financials, and not feeling a plan is necessary.
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1. FOUNDER ABDUL _ BASIT
CO FOUNDER
C.E.O
MARKET ANALYST
ALI __ JAN
MAAZ _ ULLAH
M _ BILAL
1
2
3
4
2. What is the PURPOSE
of a Business Plan?
TOP 4 REASONS TO COMPLETE YOUR BUSINESS PLAN
1.Road Map
2.Clear Vision of your Business
3.Clear Understanding of Roles & Needs
4.Gain Financing or Office Space
3. Why Should YOU Write
a Business Plan?
TOP 4 REASONS TO WRITEA BUSINESS PLAN
Write to Sell Yourself on the Business
May Save You Grief and Expense
May Show You Another Alternative
First Plan Isthe Toughest
4. What has kept you
from completing
YOUR Business Plan?
TOP 4 REASONS YOUR BUSINESS PLAN ISNOT DONE
1.Time
2.Not Sure What to put in the Plan
3.Not Comfortable with the Financials
4.Didn’t Feel Like you NEEDED a Plan
6. Assess Your Business Idea
What Would a Lender or Investor Want to Know
About - Owner, Business, Community?
Planning Process Starts with
Goals Both Business & Personal
8. Name of Your Business
Create a name or reevaluate the
name of your business.
Does it integrate well with what you
are selling?
Isit easy to spell and remember?
Isit a name that can be well
branded over time?
9. Forecasting for the Future
What will your business look like 5 years
from now?
Employees
Expansion
Company Goals
11. Mission
Defines what your business does.
What activities it performs?
What is unique about your business?
Stands out from competitors.
Why are you necessary?
15. Product/Service Description
• What do you sell?
• Write a description.
• What are you top 3
products/services
based on revenue?
• How much are your
products?
17. Marketing Plan
Traditional Marketing
• Word of Mouth
• Flyers /Brochures
• Business Cards
• Newspaper/Magazines
• Billboards
• Website
• Print Newsletter
• Mail
Future Oriented Marketing
• Social Media
• Text Messaging
• Mobile App
• Mobile Site
• Landing Page
• Videos
• Email Newsletter
• Online Newspapers
Choose 3
19. Competitive Analysis
Library Databases
• Reference USA
• Simply Map
Competitive strengths and weaknesses
• Risks and hurdles
• Industry Trends
• Assessment of the market
23. Operations
Strategy for implementing the
business plan. Use assumptions
developed here in the financial
sections:
Marketing Strategy
Production Plan
Personnel
Customer Support
Future research and development
plans
Plan to stay technically current
25. Financial Planning
Create budgets to achieve business
objectives
Control of your cash flow
Accounts Receivable/Payable
Due Dates/Loan Payments
27. Timeline
Clearly define what you want to
achieve with your business
Make sure they are quantifiable and
set to specific time lines
Set specific goals for each of your
products or services.