A business plan outlines an organization's goals, reasons for attainability, and plans for reaching goals. It describes the business, provides detailed projections, and serves as a blueprint and work in progress. The plan includes sections on organization background, marketing, operations, staffing, assets, finances, risks, and an executive summary. The goals are to either generate profit or focus on services, and the plan is used to anticipate getting a loan and guide the company.
Entrepreneurship development - Business PlanSOMASUNDARAM T
Meaning; Importance; Preparation of business plan; Common pitfalls; Typical BP format; Financial aspects, marketing aspects, human resource aspects, technical aspects and social aspects of the BP.
Strategic planning and management training furnishes you with the ideas and ways of thinking behind strategic planning, just as the strategies, procedures, and devices required to create and execute an effective strategic arrangement.
Strategic planning and management training shows you a mix of strategies and new dreams and methods of reasoning from different scope of existing strategic reasoning. You will get differing perspectives of management style, which encourages you build up your exceptional style of management.
Why Choose TONEX for Strategic Planning and Management Training?
Our teachers are knowledgeable about both scholarly world and industry
Our training is joined of talks and hands-on activities
Hands-on activities incorporate practical activities, singular/group activities, and hands-on workshops
Audience
Strategic planning and management training is a 3-day course intended for:
Chiefs and senior heads
Strategic pioneers
Individuals from sheets
Quality chiefs
Senior and mid-level chiefs
Program chiefs
Chiefs
Group pioneers
Budgetary officers
Head supervisors
Training Objectives
Upon the fulfillment of Strategic planning and management training, the participants can:
Decide strategic planning issues
Build up a serious strategic arrangement
Understand the commercial center
Recognize fundamental expository and hypothetical techniques related with strategic planning
Align their company with their planning objectives by joining system, objectives, measurements, and execution
Decide creating strategic models and produce thoughts on how they can be utilized to their company
Course Outline
Outline of Strategic Planning and Management
Strategic Planning
Standards of Strategic Planning
Breaking down the Environment
Strategic Concerns in Competitive Environment
Executing the Strategic Plan
Strategic Planning Association with Other Management Systems
Who is Involved In The Strategic Planning Process?
Strategic Plan Elements
Timetabling
TONEX Group Activities Sample: Act of 1993 Submission
Learn more.
Strategic Planning and Management Training
https://www.tonex.com/training-courses/strategic-planning-management-training/
Tips for a Strategic Planning Process for your BusinessDavid Stoffel
In today's highly competitive business environment. Let's take a look at some of the most important tips to ensure that your strategic planning for business. For more details, http://www.wesrch.com/
Lesson 3 strategic vision plus objectives plus strategy equals strategic planSamuel Lee Mohan
In this lesson you learned that a company’s strategic vision and mission, company objectives and crafting a strategy are basic direction-setting tasks. You also learned that in most small businesses, strategic plans reside in owners’ thinking and directives given to company staff.
Are you interested in becoming a business analyst, one of the fastest growing professions? You may have transferable skills and experience that would make you a good candidate for business analysis. IIBA.ORG
Entrepreneurship development - Business PlanSOMASUNDARAM T
Meaning; Importance; Preparation of business plan; Common pitfalls; Typical BP format; Financial aspects, marketing aspects, human resource aspects, technical aspects and social aspects of the BP.
Strategic planning and management training furnishes you with the ideas and ways of thinking behind strategic planning, just as the strategies, procedures, and devices required to create and execute an effective strategic arrangement.
Strategic planning and management training shows you a mix of strategies and new dreams and methods of reasoning from different scope of existing strategic reasoning. You will get differing perspectives of management style, which encourages you build up your exceptional style of management.
Why Choose TONEX for Strategic Planning and Management Training?
Our teachers are knowledgeable about both scholarly world and industry
Our training is joined of talks and hands-on activities
Hands-on activities incorporate practical activities, singular/group activities, and hands-on workshops
Audience
Strategic planning and management training is a 3-day course intended for:
Chiefs and senior heads
Strategic pioneers
Individuals from sheets
Quality chiefs
Senior and mid-level chiefs
Program chiefs
Chiefs
Group pioneers
Budgetary officers
Head supervisors
Training Objectives
Upon the fulfillment of Strategic planning and management training, the participants can:
Decide strategic planning issues
Build up a serious strategic arrangement
Understand the commercial center
Recognize fundamental expository and hypothetical techniques related with strategic planning
Align their company with their planning objectives by joining system, objectives, measurements, and execution
Decide creating strategic models and produce thoughts on how they can be utilized to their company
Course Outline
Outline of Strategic Planning and Management
Strategic Planning
Standards of Strategic Planning
Breaking down the Environment
Strategic Concerns in Competitive Environment
Executing the Strategic Plan
Strategic Planning Association with Other Management Systems
Who is Involved In The Strategic Planning Process?
Strategic Plan Elements
Timetabling
TONEX Group Activities Sample: Act of 1993 Submission
Learn more.
Strategic Planning and Management Training
https://www.tonex.com/training-courses/strategic-planning-management-training/
Tips for a Strategic Planning Process for your BusinessDavid Stoffel
In today's highly competitive business environment. Let's take a look at some of the most important tips to ensure that your strategic planning for business. For more details, http://www.wesrch.com/
Lesson 3 strategic vision plus objectives plus strategy equals strategic planSamuel Lee Mohan
In this lesson you learned that a company’s strategic vision and mission, company objectives and crafting a strategy are basic direction-setting tasks. You also learned that in most small businesses, strategic plans reside in owners’ thinking and directives given to company staff.
Are you interested in becoming a business analyst, one of the fastest growing professions? You may have transferable skills and experience that would make you a good candidate for business analysis. IIBA.ORG
Non aprire quella porta! Principi di buonsenso per gestire le passwordAlessandra Farabegoli
Gli errori più diffusi nella gestione delle password, e alcune buone pratiche da adottare per aumentare la sicurezza della propria vita online (e offline).
How to Become a Thought Leader in Your NicheLeslie Samuel
Are bloggers thought leaders? Here are some tips on how you can become one. Provide great value, put awesome content out there on a regular basis, and help others.
Research shows that 92% of businesses fail globally within the first 3 years and Africa is known to have one of the worst ‘Discontinuation rate’ at about 14% as well as being the least internationalized, with more than three-quarters of companies on the continent having no customers outside their country base.
SPM is leading the way in transforming Nigerian businesses into global brands via following a strategic approach which starts with developing a bankable business plan.
Having developed some of Nigeria’s most successful start-ups, you can be rest assured that SPM Professionals would develop a plan that has global relevance utilizing the budget and funding available.
We are expert at protecting and developing innovative business ideas into globally acclaimed brands.
Our business plan presentation gives you an insight on how to write a bankable business plan.
Business Plan, Business strategies, marketing plan, marketing strategies, sales plan, sales strategies, executive summary, competitors, small business plan, budget, forecast, business analysis, operations, personnel, mission, vision, jose cintron mba, mba4help.com
Unit - 5_Part A_Strategic Management (18MBA25)_EntrepreneurshipVijay K S
Business planning in different environment - Entrepreneurial level Business planning – Multistage wealth creation model for entrepreneurs – Planning for large and diversified companies
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
Buy Verified PayPal Account | Buy Google 5 Star Reviewsusawebmarket
Buy Verified PayPal Account
Looking to buy verified PayPal accounts? Discover 7 expert tips for safely purchasing a verified PayPal account in 2024. Ensure security and reliability for your transactions.
PayPal Services Features-
🟢 Email Access
🟢 Bank Added
🟢 Card Verified
🟢 Full SSN Provided
🟢 Phone Number Access
🟢 Driving License Copy
🟢 Fasted Delivery
Client Satisfaction is Our First priority. Our services is very appropriate to buy. We assume that the first-rate way to purchase our offerings is to order on the website. If you have any worry in our cooperation usually You can order us on Skype or Telegram.
24/7 Hours Reply/Please Contact
usawebmarketEmail: support@usawebmarket.com
Skype: usawebmarket
Telegram: @usawebmarket
WhatsApp: +1(218) 203-5951
USA WEB MARKET is the Best Verified PayPal, Payoneer, Cash App, Skrill, Neteller, Stripe Account and SEO, SMM Service provider.100%Satisfection granted.100% replacement Granted.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
2. What is Business Plan?
Document that describes your
business and makes detailed
projections about its future
Anticipation of getting a loan
Blueprint for the company
Work in progress/ projections of
activities
3.
A business plan is a formal
statement of a set of business goals,
the reasons why they are believed
attainable, and the plan for reaching
those goals.
It may also contain background
information about the organization or
team attempting to reach those goals.
What Is a Business Plan? A business plan is a document that describes your business and makes detailed projections about its future. Much of what the plan deals with is the financial part of the business, though there is also going to be information about the owner of the company, the principal company employees, and also about employees that might be hired in the future. While many people write a business plan in anticipation of getting a loan, or as a way to get financial support for their business from a venture capitalist, a business plan may be written purely for internal use. A business plan can be a way of assessing the current state of the company, of determining where the company will go in the future, and, if necessary, a blueprint for breaking the company apart. By using a plan, the company can track itself. A plan can help the owners recognize problems before they become insurmountable. The Physical Look of the Plan A business plan is, in a sense, a work in progress. A new business makes projections, but until the company has been going for a certain length of time, it cannot know whether those projections are accurate. Once you have been in business for a while, you can use accurate numbers to make more accurate predictions. Thus, the copy of a business plan that stays in-house should be in a format that allows it to be changed easily. A three-ring binder is appropriate for this type of plan. However, many companies use their business plan as a way to borrow or raise money. The copy you give to the bank loan officer should be nicely bound, with a professional-looking cover. The plan itself needs to be long enough to give all the information that is needed, but at the same time, it should not be so long that the reader gets lost in its facts and figures. As a general rule, 30 or 40 pages is good enough. You should make enough copies so that you can leave one with each bank officer or venture capitalist that you talk to. However, if for some reason you do not get the loan or the financing, be sure to get that copy back.
Why Do You Need a Business Plan? Many investors will require a written business proposal before they consider lending you money. Sometimes, a landlord will require a business plan before leasing space to your business. The idea is that these people want you to be successful in your business venture, and they want to know that you as a business owner understand all the important aspects of your business and that you have thought through your situation adequately. These people also want a detailed description of how you plan to make money, so that you can pay off your loan (or keep up payments on your lease). Your plan is a way of showing the business community that you and your partners have done more than dream a big dream. One very important reason to create a business plan is so that you can educate yourself about how money flows through your business. Writing a plan is just as important to you as it is to a potential investor. Not only does having a plan answer questions that potential backers will have, it also answers questions that you may have. It gives you an idea of your financial strengths and weaknesses. Naturally, once you know where the weaknesses are, you can take steps to correct them. Creating a plan also gives you the opportunity to fine-tune parts of your business proposal without spending any money. If you have created a computer spreadsheet, for example, you can adjust profit margins to make changes in variables to see how they play out. This increases your chances of being successful in your business. Unfortunately, most new businesses do not succeed. A business plan is one way of increasing your chances by helping you cover all your bases. It also helps you anticipate some of the pitfalls you'll encounter as your business grows. And the plan will help you determine whether you are on track (or off track) several months down the road. Finally, if you are taking your company into foreign markets, a business plan is a standard measuring tool you can utilize to determine your potential away from the domestic markets with which you are more familiar. How Business Plans are Used [ edit ] Venture Capital business plan contests - provides a way for venture capitals to find promising projects venture capital assessment of business plans - focus on qualitative factors such as team. [ edit ] Public Offerings in a public offering, potential investors can evaluate perspectives of issuing company [10] [ edit ] Within Corporations [ edit ] Fundraising Fundraising is the primary purpose for many business plans, since they are related to the inherent probable success/failure of the company risk . [ edit ] Total Quality Management For more information see Total Quality Management [ edit ] Management by Objective For more information see Management by objectives [ edit ] Strategic Planning For more information see Strategic Planning [ edit ] Education [ edit ] K-12 Business plans are used in some primary and secondary programs to teach economic principles. [11] Wikiversity has a Lunar Boom Town project where students of all ages can collaborate with designing and revising business models and practice evaluating them to learn practical business planning techniques and methodology. [ edit ] Higher Education BA, MBA programs integrative team projects projects for specific course work Business plan contests GetSet for Business [4] provides UK educational establishments with the facility for students to learn about starting a business and produce a professional and bespoke business plan online.
Organizational Background In a written plan information may appear in a separate section, an appendix, or may be omitted all together depending on the nature of the plan. If the plan is directed at people outside of the company, a brief synopsis may appear in the executive summary. This will be supplemented with a more detailed discussion elsewhere in the plan. [ edit ] Mission Statement A mission statement is a brief (one sentence or less) description of a company or other organization's purpose. It typically explains what the organization provides to its clients, in general terms that most of the employees can relate to. Although a company might use its mission statement as an advertising slogan, a more common use is to remind executives and employees of the overall goal they are expected to pursue. [ edit ] Current Status Number of employees Annual sales figures Key product lines Location of facilities Current stage of development (start-ups) Corporate structure (options are: Sole proprietor Partnership Joint Venture Publicly traded corporation Private corporation Limited liability company Public utility Non-profit organization Names of the majority investor, if any [ edit ] History Founding date Major successes Strategically valuable learning experiences [ edit ] Management Team Board members Owners Senior managers Managing partners Head scientists and researchers
Marketing Plan The marketing plan has five objectives: If the product is a new product with no existing market, one must identify all substitute products. For each significant substitute product one must explain: Name, features, why substitute, why proposed product better Switching costs and why new product justifies switching Expected adoption dynamics Expected role once market begins to develop (see above for existing products) [ edit ] Pricing Chosen price points Proposed Pricing strategy [ edit ] Demand Management In Economics Demand Management is the art or science of controlling economic demand to avoid a recession. The term is also used to refer to management of the distribution of, and access to goods and services on the basis of needs. An example is social security and welfare services. Rather than increasing budgets for these things, governments may develop policies that allocate existing resources according a hierarchy of need. [ edit ] Distribution Distribution strategy List of major distributors Current status of negotiations [ edit ] Promotion and Brand Development Promotion strategy
Operational Plan The plan outlines how we will service our clients cost effectively [ edit ] Research and Development Plan [ edit ] Manufacturing/Deployment Plan Supply chain requirements Production inputs Facility requirements - size, layout, capacity, location Equipment requirements Warehousing needs for raw materials, finished goods Space requirements [ edit ] Information and Communications Technology Plan Systems needed Operations: Billing, HR, SCM, CRM, Knowledge bases, etc Websites: internal, public Security and privacy requirements Hardware requirements Off-the-shelf software needed Custom development requirements [ edit ] Staffing Plan [ edit ] Staffing Needs List of roles Management structure For each role Number of employees Proposed compensation Availability [ edit ] Union Issues [ edit ] Training Requirements [ edit ] Hiring Time Table [ edit ] Staffing Budget [ edit ] Business Process Outsourcing Plan [ edit ] Asset Development Plan [ edit ] Intellectual Property Plan Intellectual property inventory Portfolio development plan [ edit ] Acquisition Plan Some business plans gain competitive advantage by buying companies up and down the value chain. Some gain competitive advantage by buying up companies and consolidating them. Sometimes a business plan will seek to earn a superior return by adding superior management talent to an existing weak company. For more information see Mergers and Acquisitions . When acquisitions form a major part of the business strategy, the acquisition plan needs to be included in the business plan. Acquisition strategy Proposed acquisition targets Effect on market structure (if consolidation plan is being proposed) Also, some acquisition plan will explain the basis of appointing the Liquidator of the acquisition procedures [ edit ] Organizational Learning Plan The organizational learning plan discusses what lessons will be learned from the marketing, operational, and finance plans and how those lessons will be consolidated to gain strategic advantage. Market sensing - organization's method for collecting information about customers (George Day) - the accumulation of future competencies by building on existing competencies. (Michael Hays, Costas Markides) [ edit ] Cost Allocation Model If variable costs play an important role in the business plan, it may be helpful to include a cost allocation model. This is particularly true if one has a unique business model that creates competitive advantage by transforming traditionally fixed costs into variable costs[ citation needed ]. Fixed cost Variable costs
Asset Development Plan [ edit ] Intellectual Property Plan Intellectual property inventory Portfolio development plan [ edit ] Acquisition Plan Some business plans gain competitive advantage by buying companies up and down the value chain. Some gain competitive advantage by buying up companies and consolidating them. Sometimes a business plan will seek to earn a superior return by adding superior management talent to an existing weak company. For more information see Mergers and Acquisitions . When acquisitions form a major part of the business strategy, the acquisition plan needs to be included in the business plan. Acquisition strategy Proposed acquisition targets Effect on market structure (if consolidation plan is being proposed) Also, some acquisition plan will explain the basis of appointing the Liquidator of the acquisition procedures [ edit ] Organizational Learning Plan The organizational learning plan discusses what lessons will be learned from the marketing, operational, and finance plans and how those lessons will be consolidated to gain strategic advantage. Market sensing - organization's method for collecting information about customers (George Day) - the accumulation of future competencies by building on existing competencies. (Michael Hays, Costas Markides) [ edit ] Cost Allocation Model If variable costs play an important role in the business plan, it may be helpful to include a cost allocation model. This is particularly true if one has a unique business model that creates competitive advantage by transforming traditionally fixed costs into variable costs[ citation needed ]. Fixed cost Variable costs
Financial Plan For more information, see Financial plan . [ edit ] Current Financing Key investors or owners Angels, friends, and family Existing loans and liabilities Terms, obligations [ edit ] Funding Needs [ edit ] Funding Plan IMF World Bank [ edit ] Financial History [ edit ] Financial Forecasts Sometimes called pro formas Balance sheet Income statement Cash flow statement 1-3-5-7 year projections (depends on length of project) For loans, repayment period determines length of projections, i.e. a six month loan doesn't need seven year forecasts For investments point at which returns stabilize ( terminal value ) determines length of forecast Annual, quarterly, and monthly versions should be provided Graphs of key values often helpful: gross revenue, EBITDA, NPV, etc. Financial portions of the marketing, asset development, and operations are often placed in this section rather than in the section discussing the plan. They are viewed as elaboration on the various line items in the pro-formas. [ edit ] Valuation
Risk analysis For more information, see risk analysis . [ edit ] Risk Evaluation Market risks - lack of surgeons; large geographical area so that we don't compete against our own clients; New entrants to market Ease of entry Potential threat to market share- advertising companies Slower than expected adoption Operational risks Staffing risks- imbedding the right candidate for the right surgeon Availability of skilled workforce- x-pharma reps, x-equipment reps Union issues Financing risks Liabilities Poorly worded investor contracts at risk for litigation Investor pull-out Lack of follow-on funding to complete project Managerial risks Poor board or investor dynamics Agency risk particular to the venture [ edit ] Risk Management Plan Detailed plans are more often found as part of in internal plans. Plans written for funders may need to include a high level description if there are significant controllable risks. Methods and procedures to limit liabilities Reserve funds Continuity of operations plan [ edit ] Decision Making Criteria Break even analysis NPV IRR Balanced Scorecard Retrieved from "http://en.wikipedia.org/wiki/Content_of_a_business_plan"
Executive Summary The executive summary summarizes the key points of the business plan. It should define the decision to be made and the reasons for approval. The specific content will be highly dependent on the core purpose and target audience. To get a sense of the difference the purpose and target audience can make, here are three different sets of key points for an executive summary - one for a loan request, one for a start-up seeking venture finance, and one for an internal plan. Items unique to a particular kind of plan are highlighted in bold: A loan request executive summary might contain the following information[ citation needed ]: Company information: name of company, years in business , legal structure, minority and majority owners Brief description of project Amount and length of loan Objective reasons why the bank should be confident that the loan will be paid back. This likely will include Financial track record The future revenue stream Any contracts in place that might guarantee the revenue stream is more than just a forecast. For a new venture, the executive summary might contain[ citation needed ]: Company information: name of company, proposed legal structure , current legal structure, minority and majority investors. Amount of investment requested Expected terminal value Description of market opportunity Objective reasons why the market opportunity can be exploited by this particular team For an internal project plan, the executive summary might look like this[ citation needed ]: Company information: not applicable Description of project Project mandate: who requested the proposal, who is being assigned to carry it out Strategic , tactical and financial justifications Summary of resources needed: staff , funds, facilities In some cases information will overlap. For example, some of the reasons why a loan is likely to be repaid might equally as well be used as justification for the kind of extraordinary return expected by venture capitalists. In some cases the business plan as a whole contains similar information, but for one type of plan it is mere detail and for another it is a key decision making factor. For instance, both start-ups and internal projects need staff and facilities. However the staffing and facilities needs are considered details in a plan for start-up financing. In a plan for internal projects they are key elements and, in fact, may be the only resources needed.