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Write that plan!
There’s an entrepreneur in everyone
Show me the money, honey!
I can change the world!
I am my own boss!
Entrepreneurs, entrepreneurs….
Partners
Are we on the
same page?
Managers
What’s in it
for me?
Investors
Does this
work?
Why a business plan?
• Why
• Who
• What
• How
• Where’s the money
Elements of a business plan
Why
What drives you
The Vision
Show me the dream
The Opportunity
Target market profile
Market size
Competition
What
Product or service
What are you selling
Value proposition
KISS
How
Marketing Plans
Operating Plans
Marketing Plan
Market segmentation
Distribution channels
Sales effort
Budgets
Operating Plan
Scalability
– Production & Delivery Plan
– Quality Plan
– Budgets
Personnel Plan
• Who
• When
• How many
• How much
Where’s the money
Financial Plan
Assumptions
Projected Profit and loss for at least 3 years
Projected cash flows for at least 3 years
Scenario analysis
Break-even analysis
The Team
Who
Mediocre team + Great plan?
Mediocre plan + Great team ?
Ideal partners
• Share vision
• Complement skills
• Have credentials
Common Mistakes
• Putting it off
• Profits, not Cash flows
• Idea inflation
• Diluted priorities
• Hockey ship shaped growth projections
• Insufficient research
Make a draft business plan for…
• Daycare centers for children in office complexes
• Outdoor adventure and training campuses
• Online and phone vegetables and groceries
• Kathikebabs on carts
• Chain of old age homes in metros
• Service Apartments in Gurgaon
• Karaoke bar cum restaurant cum disco
• Car rental service
http://www.entrepreneur.com/businessideas/index.html

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Business plan