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BUSINESS PLAN

 EAE BUSINESS PLAN OUTLINE
CHARACTERISTICS

   ORIGINALITY
   SIMPLICITY
   TEAMWORK
    INTERNATIONAL BASE
   RELATIONSHIP WITH SPAIN
   USE OF PREVIOUS
    EXPERIENCE
   ACADEMIC PROJECT
WHAT IS A BUSINESS PLAN

   AN IDEA
   A PROCESS
   A WORK DOCUMENT
   A REQUEST FOR HUMAN AND
    CAPITAL INVESTMENT
WHAT DOES IT LOOK LIKE?

   www.bplans.com
   Previous plans in the library
COURSE STRUCTURE

   CLASS 1 – EXTERNAL ANALYSIS
   CLASS 2 – PRESENTATIONS
   CLASS 3 – MARKETING PLAN
   CLASS 4 – TUTORIAL I
   CLASS 5 – OPERATIONS PLAN
   CLASS 6 – HR PLAN/
   CLASS 7 – FINANCIAL PLAN
   CLASS 8 – REVIEW
   CLASS 9 – TUTORIAL II
OUTSIDE CLASS – CLASS 1
-2 – INITIAL PRESENTATION
   Develop idea and prepare vision
    statement and SWOT
   If you have two ideas and are unsure
    which one is the best you can
    present both of them – do it more
    quickly, though, than if you are just
    presenting one.
   In the Presentation do not read the
    SWOT – use this only to support
    your presentation
CLASS 2 – 3 – BUSINESS
PROPOSAL
   Research external environment – develop PESTEL or
    STEEP - and justify the opportunity available to your
    business.
   Start to research competitors – identify their strengths and
    weaknesses and consider how competitive this sector is.
    (Porter’s 5 Forces)
   Start to research your market – primary and secondary
    data
   Estimate the size of the total market for your product –
    support your estimate with data
   Estimate the number of competitors from your initial
    research on your competitors
   From the above calculations estimate your market share
    and potential revenues
   (See next slide)
CLASS 2 – 3 – BUSINESS
PROPOSAL (cont)
   On the basis of this write out your initial business
    proposal explaining why someone should invest in
    your business.
   It should identify exactly the product, service or
    experience you are providing and the value it
    creates for the client
   It should include an External Analysis that identifies
    the opportunities for your business
   A Competitor’s Analysis that allows you to show
    how you would differentiate yourselves
   A summary of your the market research you have
    done so far (primary and secondary – you can
    attach questionnaires and surveys as an appendix)
   Figures and calculations to support your estimates
    of market size, share and revenues.
DEADLINES

   Feb 3rd - DEADLINE MARKETING PLAN
   MAR 2nd – DEADLINE OPERATIONS
    PLAN
   MAR 23rd – DEADLINE REVIEWED
    MARKETING AND OPERATIONS PLAN
   APR 20th – DEADLINE HR PLAN
   MAY 25th – DEADLINE FINANCIAL PLAN
    AND FIRST VERSION OF COMPLETE
    PLAN
   JUNE 8th – FINAL DRAFT
   JUNE 18th-19th - PRESENTATION
FORMAT

   Except for the presentation in
    the second class all parts should
    be presented as a word
    processed document and sent
    to email –
    jwwetherell@yahoo.co.uk
EXTERNAL ANALYSIS LINKS

GENERAL SOURCES
 www.cia.gov

 www.worldbank.org

 www.nationmaster.com

SPAIN
 www.caixa.es

 www.barcelonactiva.es

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Mib Business Plan Oct 2011

  • 1. BUSINESS PLAN EAE BUSINESS PLAN OUTLINE
  • 2. CHARACTERISTICS  ORIGINALITY  SIMPLICITY  TEAMWORK INTERNATIONAL BASE  RELATIONSHIP WITH SPAIN  USE OF PREVIOUS EXPERIENCE  ACADEMIC PROJECT
  • 3. WHAT IS A BUSINESS PLAN  AN IDEA  A PROCESS  A WORK DOCUMENT  A REQUEST FOR HUMAN AND CAPITAL INVESTMENT
  • 4. WHAT DOES IT LOOK LIKE?  www.bplans.com  Previous plans in the library
  • 5. COURSE STRUCTURE  CLASS 1 – EXTERNAL ANALYSIS  CLASS 2 – PRESENTATIONS  CLASS 3 – MARKETING PLAN  CLASS 4 – TUTORIAL I  CLASS 5 – OPERATIONS PLAN  CLASS 6 – HR PLAN/  CLASS 7 – FINANCIAL PLAN  CLASS 8 – REVIEW  CLASS 9 – TUTORIAL II
  • 6. OUTSIDE CLASS – CLASS 1 -2 – INITIAL PRESENTATION  Develop idea and prepare vision statement and SWOT  If you have two ideas and are unsure which one is the best you can present both of them – do it more quickly, though, than if you are just presenting one.  In the Presentation do not read the SWOT – use this only to support your presentation
  • 7. CLASS 2 – 3 – BUSINESS PROPOSAL  Research external environment – develop PESTEL or STEEP - and justify the opportunity available to your business.  Start to research competitors – identify their strengths and weaknesses and consider how competitive this sector is. (Porter’s 5 Forces)  Start to research your market – primary and secondary data  Estimate the size of the total market for your product – support your estimate with data  Estimate the number of competitors from your initial research on your competitors  From the above calculations estimate your market share and potential revenues  (See next slide)
  • 8. CLASS 2 – 3 – BUSINESS PROPOSAL (cont)  On the basis of this write out your initial business proposal explaining why someone should invest in your business.  It should identify exactly the product, service or experience you are providing and the value it creates for the client  It should include an External Analysis that identifies the opportunities for your business  A Competitor’s Analysis that allows you to show how you would differentiate yourselves  A summary of your the market research you have done so far (primary and secondary – you can attach questionnaires and surveys as an appendix)  Figures and calculations to support your estimates of market size, share and revenues.
  • 9. DEADLINES  Feb 3rd - DEADLINE MARKETING PLAN  MAR 2nd – DEADLINE OPERATIONS PLAN  MAR 23rd – DEADLINE REVIEWED MARKETING AND OPERATIONS PLAN  APR 20th – DEADLINE HR PLAN  MAY 25th – DEADLINE FINANCIAL PLAN AND FIRST VERSION OF COMPLETE PLAN  JUNE 8th – FINAL DRAFT  JUNE 18th-19th - PRESENTATION
  • 10. FORMAT  Except for the presentation in the second class all parts should be presented as a word processed document and sent to email – jwwetherell@yahoo.co.uk
  • 11. EXTERNAL ANALYSIS LINKS GENERAL SOURCES  www.cia.gov  www.worldbank.org  www.nationmaster.com SPAIN  www.caixa.es  www.barcelonactiva.es