1. 1. Creating and starting the Venture
2. Business Plans: Scope of Business Plans, Format of Business Plan,
3. A brief idea about Institutional Support System
3. 1) to create an effective strategy
for growth,
2) to determine your future
financial needs, and
3) to attract investors (including
angel investors and VC funding)
and lenders.
Purposes of a Business Plan
4.
5. Executive Summary
• Present the company’s mission.
• Company’s product and/or service
• Target market and its demographics.
• Summarize the industry
6. Industry Overview
• Company’s position in the industry.
• Existing competition &Major players
•Estimated revenues, industry trends,
government influences
7. Market Analysis and Competition
• Target market,
• Size of the market,
• Give an overview of the estimated sales volume vis-à-
vis what competitors sell.
• Give a plan on how the company plans to combat the
existing competition to gain and retain market share.
8. Sales and Marketing Plan
• Unique selling proposition.
• Different advertising media
•Pricing Strategy
•Market and the shipping method.
9. Management Plan
• Describe the organizational structure of the company.
• List of owners their ownership %
• List the key executives, their roles, and remuneration.
• List any internal and external professionals
• Include a list of the members of the advisory board, if
available.
10. Operating Plan
• Describe the location of the business, including office and warehouse
• Describe the labour requirement, equipment and machinery requirements
• Outline the number of staff their roles, skills training needed, and
employee tenures (full-time or part-time).
• manufacturing process, and the time it will take to produce one unit of a
product.
• Provide a list of raw material requirements, how they will be sourced, and
the main suppliers that will supply the required inputs.
12. Appendices and Exhibits
• Quotes of building and machinery leases
• Proposed office and warehouse plan
• Market research and a summary of the target market
• Credit information of the owners
• List of product and/or services
13.
14. INSTITUTION SUPPORT SYSTEM
1. Small Scale Industries Board (SSIB)
2. Small Industries Development
Organisation (SIDO)
3. National Small Industries
Corporation (NSIC)
4. Small Industries Service Institutes
(SISIS)
5. Specialised Institutions
6. State Directorate of Industries
7. State Small Industries Development
Corporations (SSIDCs)
8. Industrial Estates
1. District Industries Centres (DICs)
2. Technical Consultancy Organisations
(TCOS)
3. Commercial Banks
4. State Financial Corporations
5. Small Industries Development Bank of
India (SIDBI)
6. National Bank for Agriculture and Rural
Development (NABARD)
7. Entrepreneurial Guidance Bureau (EGB)
8. Khadi and Village Industries Commission
(KVIC)
9. Small Industry Extension Training Institute
(SIETI)
10. Small Industry Development Corporation
(SIDCO).