ABC International Inc. provides a business plan for a new company focusing on strategy, management team, market, and offerings. Key financial projections estimate annual revenue and expenses over five years. The plan requests funding and describes plans to use funds to grow the business and repay investors.
The easiest way to simplify the work of writing a business plan is to start with a sample business plan template. Our sample business plan template includes step by step guide on how and what you need to include in your winning business plan. In this sample business plan template, we have included help and guidelines about the purpose of each section and how to complete that particular section. Our business plan software and this template will save entrepreneurs critical time and make their business plan writing experience a lot easier. A standard business plan consists of a single document consists of several segments including a description of the company, customer pain problem, your solution including product or services, market research, marketing strategy, competitor analysis, sales strategies, funding requirements, and financial data. If you are looking for a business plan template for a particular industry, you can browse our sample business plans and find a business plan example specific to your industry.
Startup Business Plan Template for Entrepreneursupmetrics.co
If you are planning to launch a new startup, the first thing you will need is a business plan. Use our startup business plan template created using Upmetrics business plan software to start writing your business plan in no time.
Before you start writing your business plan for your startup, spend as much time as you can reading through some sample business plans created for startups. Reading sample business plans will give you a good idea of what you’re aiming for. It will also show you the different sections that different entrepreneurs include and the language they use to write about themselves and their business goals.
We have created this startup business plan template to get a good idea about what a perfect startup business plan should look like and what details you will need to include in your stunning business plan.
If you want to start a new taxi business, the first thing you will need is a business plan. Use our sample Metro Cabs - Taxi Business Plan created using upmetrics business plan software to start writing your business plan in no time.
Before you start writing your business plan for your new taxi business, spend as much time as you can reading through some examples of transportation-related business plans. Reading sample business plans will give you a good idea of what you’re aiming for and also it will show you the different sections that different entrepreneurs include and the language they use to write about themselves and their business plans.
We have created this sample Metro Cabs - Taxi Business Plan for you to get a good idea about how perfect a taxi business plan should look like and what details you will need to include in your stunning business plan.
To prepare a business plan for your mobile app we have created this dating app business plan template to help you kick start your business plan right away instead of spending their productive time writing it from scratch. A Dating app is not a new concept and you’re already investing time and energy in planning your business. so there’s no need to reinvent the wheel when it comes to writing your business plan. Instead, use our dating app business plan example and just fill or change the required information. Our dating app business plan example covers all the sections that an investor will be looking for in your business plan. We have included an example text about how and what to write in each section.
If you are planning to start a new thrift store, the first thing you will need is a business plan. Use our sample Maxwell - Thrift Store Business Plan created using upmetrics business plan software to start writing your business plan in no time.
Before you start writing your business plan for your new thrift store business, spend as much time as you can reading through some examples of retail store-related business plans. Reading sample business plans will give you a good idea of what you’re aiming for and also it will show you the different sections that different entrepreneurs include and the language they use to write about themselves and their business plans.
We have created this sample Maxwell - Thrift Store Business Plan for you to get a good idea about how a perfect thrift store business plan should look like and what details you will need to include in your stunning business plan.
If you are planning to start a new vacation rental business, the first thing you will need is a business plan. Use our sample Maxwell - Vacation Rental Business Plan created using upmetrics business plan software to start writing your business plan in no time.
Before you start writing your business plan for your new vacation rental business, spend as much time as you can reading through some examples of services-related business plans. Reading sample business plans will give you a good idea of what you’re aiming for and also it will show you the different sections that different entrepreneurs include and the language they use to write about themselves and their business plans.
We have created this sample Maxwell - Vacation Rental Business Plan for you to get a good idea about how perfect a vacation rental business plan should look like and what details you will need to include in your stunning business plan.
The easiest way to simplify the work of writing a business plan is to start with a sample business plan template. Our sample business plan template includes step by step guide on how and what you need to include in your winning business plan. In this sample business plan template, we have included help and guidelines about the purpose of each section and how to complete that particular section. Our business plan software and this template will save entrepreneurs critical time and make their business plan writing experience a lot easier. A standard business plan consists of a single document consists of several segments including a description of the company, customer pain problem, your solution including product or services, market research, marketing strategy, competitor analysis, sales strategies, funding requirements, and financial data. If you are looking for a business plan template for a particular industry, you can browse our sample business plans and find a business plan example specific to your industry.
Startup Business Plan Template for Entrepreneursupmetrics.co
If you are planning to launch a new startup, the first thing you will need is a business plan. Use our startup business plan template created using Upmetrics business plan software to start writing your business plan in no time.
Before you start writing your business plan for your startup, spend as much time as you can reading through some sample business plans created for startups. Reading sample business plans will give you a good idea of what you’re aiming for. It will also show you the different sections that different entrepreneurs include and the language they use to write about themselves and their business goals.
We have created this startup business plan template to get a good idea about what a perfect startup business plan should look like and what details you will need to include in your stunning business plan.
If you want to start a new taxi business, the first thing you will need is a business plan. Use our sample Metro Cabs - Taxi Business Plan created using upmetrics business plan software to start writing your business plan in no time.
Before you start writing your business plan for your new taxi business, spend as much time as you can reading through some examples of transportation-related business plans. Reading sample business plans will give you a good idea of what you’re aiming for and also it will show you the different sections that different entrepreneurs include and the language they use to write about themselves and their business plans.
We have created this sample Metro Cabs - Taxi Business Plan for you to get a good idea about how perfect a taxi business plan should look like and what details you will need to include in your stunning business plan.
To prepare a business plan for your mobile app we have created this dating app business plan template to help you kick start your business plan right away instead of spending their productive time writing it from scratch. A Dating app is not a new concept and you’re already investing time and energy in planning your business. so there’s no need to reinvent the wheel when it comes to writing your business plan. Instead, use our dating app business plan example and just fill or change the required information. Our dating app business plan example covers all the sections that an investor will be looking for in your business plan. We have included an example text about how and what to write in each section.
If you are planning to start a new thrift store, the first thing you will need is a business plan. Use our sample Maxwell - Thrift Store Business Plan created using upmetrics business plan software to start writing your business plan in no time.
Before you start writing your business plan for your new thrift store business, spend as much time as you can reading through some examples of retail store-related business plans. Reading sample business plans will give you a good idea of what you’re aiming for and also it will show you the different sections that different entrepreneurs include and the language they use to write about themselves and their business plans.
We have created this sample Maxwell - Thrift Store Business Plan for you to get a good idea about how a perfect thrift store business plan should look like and what details you will need to include in your stunning business plan.
If you are planning to start a new vacation rental business, the first thing you will need is a business plan. Use our sample Maxwell - Vacation Rental Business Plan created using upmetrics business plan software to start writing your business plan in no time.
Before you start writing your business plan for your new vacation rental business, spend as much time as you can reading through some examples of services-related business plans. Reading sample business plans will give you a good idea of what you’re aiming for and also it will show you the different sections that different entrepreneurs include and the language they use to write about themselves and their business plans.
We have created this sample Maxwell - Vacation Rental Business Plan for you to get a good idea about how perfect a vacation rental business plan should look like and what details you will need to include in your stunning business plan.
Every startup and small business is different, so avoid copying an example business plan word for word. Instead, always look for the business plan that's related to the type of business you're planning and study that plan and write your own.
When you write a business plan on your own, you'll go into the process of thinking about important aspects of your business, like your startup expenses, your target market & customers, and any marketing strategy or research you'll need to do to be successful.
Always think about business planning as something you do regularly, rather than a little document you create once to get an investment and place it at the bottom of your cupboard.
If you take the time to write a plan that really fits your business, it will be a useful tool to grow your business going forward. It should also make it easier to share your goals and strategy with your team as the business plan will keep you all on the same page.
We have created this example business plan for entrepreneurs out there who are starting their business plan for the first time and do not have any clue about how to write each section in the business plan.
If you are planning to start a new nail salon business, the first thing you will need is a business plan. Use our sample Finger Art - Nail Salon Business Plan created using upmetrics business plan software to start writing your business plan in no time. Now you might wonder, how can a business plan help you gain a competitive edge? How can you juggle between honing your skills and formulating a business strategy? Most importantly how to write a nail salon business plan and what to include in it?
The report discusses about what actually business proposals means? What is its type? Why are they important? What are the essentials of business proposals? Is business proposal and business report same thing? How to prepare the business proposal?
The simple business plan template is based on Ash Maurya's lean canvas. If you need to write a business plan quickly or if your business is fairly simple and straightforward to explain, use our simple business plan template to write your business plan easily. Each section of a simple business plan is a quick summary and should not be longer than one page.
This simple business plan is not the detailed business plan that is being used to secure funding or loan. This simple business plan avoids long-worded summaries and detailed information about the business. This simple business plan is not even a document. It’s a collection of lists, tables, and bullet points of important aspects of your business strategy and management.
However, whenever there is a need for a formal business plan, this simple business plan can be an excellent first draft. Add descriptions and fill in the required information, make sure you have all the key business plan components, and you have the formal business plan ready that you need.
This presentation by Amit Shah shares his insights on venture funding; Artiman reviews their focus on disruption and the stages in the lifecycle of a startup company. He describes the reasons for a start up as well as the different phases in the lifecycle of the start up.
Regardless if you’ve been operating for a long time already, by writing up a business plan for your retail store, you can get an overview of what you want to achieve with your business, and guidelines for how you’ll achieve your goals. A retail business plan is a solid foundation for the success of your business, whether you seek funding or not. It helps you see clearly what your business looks like and how it’s positioned in your target market. If you need to get funding, your retail business plan will work as proof that you and your business are good for investment. Studies suggest you can double your chances of securing a loan with a business plan and grow your business.
Gazelle has forecasting and supply planning modules along with web based interface for sales person and supplier login.
The forecasting module can generate the forecast based on 180 statistical models which can be moderated upon.
This forecasted demand can be used to generate a daily supply plan.
It is a complete planning tool and stores all data, and can take care back orders, truck loads, without any customization.
It can be integrated with SAP for automatic data pull.
Our supply chain solutions have saved our customers upto 10% of their supply chain costs on a practical basis. This has been achieved through:
Business forecasting solutions like Oracle Demantra, Avercast and LookAhead – improved forecasting accuracy upto 95% that has reduced inventory holding costs.
Network optimization and dispatch planning solutions like Supply Chain Guru – has reduced supply chain cost to serve per unit by upto 35% of the product cost.
Supply Chain Planning solutions like Avercast and Oracle, that have reduced excess safety stock through inventory optimization.
Before you start writing your massage therapy business plan, spend as much time as you can to reading through some samples of a service related business plans. Not only will that give you a good idea of what it is you’re aiming for, but it will also show you the different sections that different entrepreneurs include and the language they use to write about themselves and their future plans.
We have created a sample massage therapy business plan example for you to get a good idea about how a perfect massage therapy business plan should look like and what details you should include in your business plan.
If you are planning to start a new restaurant business, the first thing you will need is a restaurant business plan. Use our restaurant business plan template created using upmetrics business plan software to start writing your business plan in no time.
Before you start writing your business plan for your new restaurant, spend as much time as you can reading through some samples of restaurant and cafe business plan templates. Reading sample business plans will give you a good idea of what you’re aiming for and also it will show you the different sections that different entrepreneurs include and the language they use to write about themselves and their business plans.
We have created this restaurant business plan template for you to get a good idea about how a perfect restaurant business plan should look like and what details you will need to include in your stunning business plan.
This report contains the some new ideas about the limited organization business and sole trade organisational business. The learner has described and analysed the businesses of limited company and a sole trader. After that, the learner has analysed the purposes of these two types of organizations along with the ownership structure of these two organizations. After that, the learner has stated the effects of change in the ownership of a sole trader companies. Ten the learner has selected four different stakeholders for two types of businesses that are limited company and sole trader and analysed the how these stake holders influence the purposes of these businesses.
Pitch Deck To Raise Money From Convertible Debt PowerPoint Presentation SlidesSlideTeam
Pitch Deck To Raise Money From Convertible Debt PowerPoint Presentation Slides is specially created for entrepreneurs to successfully raise funds. Grip potential investors from the first moment with this cequity funding PPT deck. Showcase the details necessary to persuade investors through our fundraising through convertible securities PowerPoint slideshow. This highly visual virtual tool helps you consolidate your company’s financial highlights neatly. Use this PPT presentation to illustrate the return on convertible notes. Our designers have handpicked the data visualization tools that are best-suited for a compelling pitch deck. Demonstrate funds usage, capitalization table, company valuation, and financial projections through this well-structured investors pitch deck PowerPoint theme. Personalize our company fundraising PPT slideshow and build a convincing presentation within minutes. To successfully raise capital for your business, a content-driven layout, and concise design is essential, and our PowerPoint deck has exactly that. So, download this seed funding pitch deck PPT theme and raise money for your business. Our Pitch Deck To Raise Money From Convertible Debt PowerPoint Presentation Slides are explicit and effective. They combine clarity and concise expression. https://bit.ly/34gTfCr
Vocational school business plan exampleupmetrics.co
If you are planning to start a new vocational school business, the first thing you will need is a business plan. Use our sample Radiant - Vocational School Business Plan created using upmetrics business plan software to start writing your business plan in no time.
Before you start writing your business plan for your new vocational school, spend as much time as you can reading through some examples of the education and training-related business plans. Reading sample business plans will give you a good idea of what you’re aiming for and also it will show you the different sections that different entrepreneurs include and the language they use to write about themselves and their business plans.
We have created this sample Radient - Vocational School Business Plan for you to get a good idea about how a perfect vocational school business plan should look like and what details you will need to include in your stunning business plan
Every startup and small business is different, so avoid copying an example business plan word for word. Instead, always look for the business plan that's related to the type of business you're planning and study that plan and write your own.
When you write a business plan on your own, you'll go into the process of thinking about important aspects of your business, like your startup expenses, your target market & customers, and any marketing strategy or research you'll need to do to be successful.
Always think about business planning as something you do regularly, rather than a little document you create once to get an investment and place it at the bottom of your cupboard.
If you take the time to write a plan that really fits your business, it will be a useful tool to grow your business going forward. It should also make it easier to share your goals and strategy with your team as the business plan will keep you all on the same page.
We have created this example business plan for entrepreneurs out there who are starting their business plan for the first time and do not have any clue about how to write each section in the business plan.
If you are planning to start a new nail salon business, the first thing you will need is a business plan. Use our sample Finger Art - Nail Salon Business Plan created using upmetrics business plan software to start writing your business plan in no time. Now you might wonder, how can a business plan help you gain a competitive edge? How can you juggle between honing your skills and formulating a business strategy? Most importantly how to write a nail salon business plan and what to include in it?
The report discusses about what actually business proposals means? What is its type? Why are they important? What are the essentials of business proposals? Is business proposal and business report same thing? How to prepare the business proposal?
The simple business plan template is based on Ash Maurya's lean canvas. If you need to write a business plan quickly or if your business is fairly simple and straightforward to explain, use our simple business plan template to write your business plan easily. Each section of a simple business plan is a quick summary and should not be longer than one page.
This simple business plan is not the detailed business plan that is being used to secure funding or loan. This simple business plan avoids long-worded summaries and detailed information about the business. This simple business plan is not even a document. It’s a collection of lists, tables, and bullet points of important aspects of your business strategy and management.
However, whenever there is a need for a formal business plan, this simple business plan can be an excellent first draft. Add descriptions and fill in the required information, make sure you have all the key business plan components, and you have the formal business plan ready that you need.
This presentation by Amit Shah shares his insights on venture funding; Artiman reviews their focus on disruption and the stages in the lifecycle of a startup company. He describes the reasons for a start up as well as the different phases in the lifecycle of the start up.
Regardless if you’ve been operating for a long time already, by writing up a business plan for your retail store, you can get an overview of what you want to achieve with your business, and guidelines for how you’ll achieve your goals. A retail business plan is a solid foundation for the success of your business, whether you seek funding or not. It helps you see clearly what your business looks like and how it’s positioned in your target market. If you need to get funding, your retail business plan will work as proof that you and your business are good for investment. Studies suggest you can double your chances of securing a loan with a business plan and grow your business.
Gazelle has forecasting and supply planning modules along with web based interface for sales person and supplier login.
The forecasting module can generate the forecast based on 180 statistical models which can be moderated upon.
This forecasted demand can be used to generate a daily supply plan.
It is a complete planning tool and stores all data, and can take care back orders, truck loads, without any customization.
It can be integrated with SAP for automatic data pull.
Our supply chain solutions have saved our customers upto 10% of their supply chain costs on a practical basis. This has been achieved through:
Business forecasting solutions like Oracle Demantra, Avercast and LookAhead – improved forecasting accuracy upto 95% that has reduced inventory holding costs.
Network optimization and dispatch planning solutions like Supply Chain Guru – has reduced supply chain cost to serve per unit by upto 35% of the product cost.
Supply Chain Planning solutions like Avercast and Oracle, that have reduced excess safety stock through inventory optimization.
Before you start writing your massage therapy business plan, spend as much time as you can to reading through some samples of a service related business plans. Not only will that give you a good idea of what it is you’re aiming for, but it will also show you the different sections that different entrepreneurs include and the language they use to write about themselves and their future plans.
We have created a sample massage therapy business plan example for you to get a good idea about how a perfect massage therapy business plan should look like and what details you should include in your business plan.
If you are planning to start a new restaurant business, the first thing you will need is a restaurant business plan. Use our restaurant business plan template created using upmetrics business plan software to start writing your business plan in no time.
Before you start writing your business plan for your new restaurant, spend as much time as you can reading through some samples of restaurant and cafe business plan templates. Reading sample business plans will give you a good idea of what you’re aiming for and also it will show you the different sections that different entrepreneurs include and the language they use to write about themselves and their business plans.
We have created this restaurant business plan template for you to get a good idea about how a perfect restaurant business plan should look like and what details you will need to include in your stunning business plan.
This report contains the some new ideas about the limited organization business and sole trade organisational business. The learner has described and analysed the businesses of limited company and a sole trader. After that, the learner has analysed the purposes of these two types of organizations along with the ownership structure of these two organizations. After that, the learner has stated the effects of change in the ownership of a sole trader companies. Ten the learner has selected four different stakeholders for two types of businesses that are limited company and sole trader and analysed the how these stake holders influence the purposes of these businesses.
Pitch Deck To Raise Money From Convertible Debt PowerPoint Presentation SlidesSlideTeam
Pitch Deck To Raise Money From Convertible Debt PowerPoint Presentation Slides is specially created for entrepreneurs to successfully raise funds. Grip potential investors from the first moment with this cequity funding PPT deck. Showcase the details necessary to persuade investors through our fundraising through convertible securities PowerPoint slideshow. This highly visual virtual tool helps you consolidate your company’s financial highlights neatly. Use this PPT presentation to illustrate the return on convertible notes. Our designers have handpicked the data visualization tools that are best-suited for a compelling pitch deck. Demonstrate funds usage, capitalization table, company valuation, and financial projections through this well-structured investors pitch deck PowerPoint theme. Personalize our company fundraising PPT slideshow and build a convincing presentation within minutes. To successfully raise capital for your business, a content-driven layout, and concise design is essential, and our PowerPoint deck has exactly that. So, download this seed funding pitch deck PPT theme and raise money for your business. Our Pitch Deck To Raise Money From Convertible Debt PowerPoint Presentation Slides are explicit and effective. They combine clarity and concise expression. https://bit.ly/34gTfCr
Vocational school business plan exampleupmetrics.co
If you are planning to start a new vocational school business, the first thing you will need is a business plan. Use our sample Radiant - Vocational School Business Plan created using upmetrics business plan software to start writing your business plan in no time.
Before you start writing your business plan for your new vocational school, spend as much time as you can reading through some examples of the education and training-related business plans. Reading sample business plans will give you a good idea of what you’re aiming for and also it will show you the different sections that different entrepreneurs include and the language they use to write about themselves and their business plans.
We have created this sample Radient - Vocational School Business Plan for you to get a good idea about how a perfect vocational school business plan should look like and what details you will need to include in your stunning business plan
Business Plan[Your Name], OwnerPurdue GlobalBUSINESS PLANDate.docxfelicidaddinwoodie
Business Plan[Your Name], Owner
Purdue Global
BUSINESS PLAN
Date
1. EXECUTIVE SUMMARY
1.1 Product
1.2 Customers
1.3 What Drives Us
2. COMPANY DESCRIPTION
2.1 Mission and Vision Statements
2.2 Principal Members at Startup (In Unit 7 you will expand on this section to include medium and long term personnel plans for all team members, including the line staff.)
2.2.1 Using chapter 10 of your text, write the plan, using the section in Chapter 10 that shows how to introduce each team member and describe their background and responsibilities. You will start with the leaders and managers, then discuss other employees as needed for your company to grow.
2.2.2 Use this spreadsheet to show the planning
Leaders/managers (unit 1)
When needed (number of months/years after opening)
Outside Services Needed
Key Functions
Add line staff (Unit 7)
2.3 Legal Structure
3. MARKET RESEARCH
3.1 Industry (from SBA, Business Guides by Industry, and Bureau of Labor Statistics)
3.1.1 Industry description
3.2.1 Resources used
3.2 Customers (from SBA site fill in worksheet, then use text for spreadsheets and follow-up explanations)
Add SBA part here:
Then, fill in spreadsheet using this example from the text:
Housewife:
Married Couple:
Age:
35–65
Age:
35–55
Income:
Fixed
Income:
Medium to high
Sex:
Female
Sex:
Male or Female
Family:
Children living at home
Family:
0 to 2 children
Geographic:
Suburban
Geographic:
Suburban
Occupation:
Housewife
Occupation:
Varies
Attitude:
Security minded
Attitude:
Security minded, energy conscious
Older Couple:
Elderly:
Age:
55–75
Age:
70+
Income:
High or fixed
Income:
Fixed
Sex:
Male or Female
Sex:
Male or Female
Family:
Empty nest
Family:
Empty nest
Geographic:
Suburban
Geographic:
Suburban
Occupation:
White-collar or retired
Occupation:
Retired
Attitude:
Security minded, energy conscious
Attitude:
Security minded, energy conscious
Explain who you are targeting and where they are located. Insert information here using these guidelines:
Information About Your Target Market – Narrow your target market to a manageable size. Many businesses make the mistake of trying to appeal to too many target markets. Research and include the following information about your market:
Distinguishing characteristics – What are the critical needs of your potential customers? Are those needs being met? What are the demographics of the group and where are they located? Are there any seasonal or cyclical purchasing trends that may impact your business?
Size of the primary target market – In addition to the size of your market, what data can you include about the annual purchases your market makes in your industry? What is the forecasted market growth for this group? For more information, see the market research guide for tips and free government resources that can help you build a market profile.
How much market share can you gain? – What is the market share.
Entrepreneurship Subject for Senior High School Students;
ABM Strand; This chapter talks about the Planning of the Enterprise specifically the Making of Business Plan and highlighted explanation each section of the Business Plan.
Running head BUSINESS PLAN NAMEBusiness Plan NameStudent .docxjoellemurphey
Running head: BUSINESS PLAN NAME
Business Plan Name
Student Name
Kaplan University
AB209: Small Business Management
Instructor Name
Month Date, Year
Project Deliverables Checklist: (All units)
Place a checkmark here as a reminder that you have completed this particular section of your descriptive business plan!
___Unit 1 (None)
___Unit 2 (Business Description, Vision Statement, Mission, and Motivation Statements)
___Unit 3 (Description of Products or Services)
___Unit 4 (Marketing Plan)
___Unit 5 (None)
___Unit 6 (Operational Plan)
___Unit 7 (Management and Organizational Plan)
___Unit 8 (Financial Plan) (Descriptive)
___Unit 9 (Executive Summary)
___Unit 10 (None)
Executive Summary (Unit 9)
(This portion of your mini-business plan should contain a brief overview of everything in your plan. This brief overview should contain an explanation of your product/service line, the market you will serve, and a brief summary of your financial goals. This should be completed in Unit 9.)
Business Description (Unit 2)
(This section of the plan should include what the business will do, what products or services it will produce or deliver to the customer. This should be specific.)
Vision Statement (Unit 2)
(This section of the plan should be a statement of what you visualize the business to be at some definite point in the future based on present realities.)
Mission Statement (Unit 2)
(This section of the plan should represent a succinct statement detailing the reason(s) for the business’ existence and the guiding principles of the business.)
Personal Motivation (Unit 2)
Starting a new business involves making many decisions! Since it is critical that the entrepreneur make good decisions, it is a good practice to approach decision making in a consistent and orderly way. Your text authors discuss the basic five-step decision-making process on pages 609-610 as it applies to risk management. At this initial stage of examining your motivation, you can also apply these steps to your own decisions. These are: (1) Identify the issue or problem; (2) Evaluate the alternatives; (3) Select an acceptable alternative; (4) Implement the decision; and (5) Review and evaluate the decision made. In this section, you should briefly discuss your motivations for wanting to own and operate your own business and how you could use each of these decision steps in your own planning process.
Description of Products or Services (Unit 3)
(This section of the plan should describe how your proposed product or service fills a gap in the marketplace or how your product or service will be “better” than those already existing in the marketplace. It should include any innovative features of your product or services that would distinguish your venture including any patent or copyright protections possessed by the venture as well as any growth strategies for your product or services and if relevant, any secondary markets the business will pursue.)
Marketing Pla ...
This report covers in-depth, the growth drivers, demand & supply factors, SWOT Analysis, Government
regulations, key players etc. along with the growth projections based on data from Government and non-
Government agencies. For inquiries please contact: swati.sinha@icai.org or ca.swati.eurion@gmail.com
Understanding User Needs and Satisfying ThemAggregage
https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesHolger Mueller
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
In the Adani-Hindenburg case, what is SEBI investigating.pptxAdani case
Adani SEBI investigation revealed that the latter had sought information from five foreign jurisdictions concerning the holdings of the firm’s foreign portfolio investors (FPIs) in relation to the alleged violations of the MPS Regulations. Nevertheless, the economic interest of the twelve FPIs based in tax haven jurisdictions still needs to be determined. The Adani Group firms classed these FPIs as public shareholders. According to Hindenburg, FPIs were used to get around regulatory standards.
Top mailing list providers in the USA.pptxJeremyPeirce1
Discover the top mailing list providers in the USA, offering targeted lists, segmentation, and analytics to optimize your marketing campaigns and drive engagement.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
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2. ABC International Inc.
Business Plan | Eurion Constellation Page 2
1. Executive Summary (2-3 pages)
Notes: Prepared Last
1.1. Strategy
A synopsis of the company’s strategy for succeeding
1.2. Management Team
A concise account of the management team’s qualifications that make the company successful (be
sure to include a description of your team’s contribution to previous successful business ventures)
1.3. Market
A brief description of the market (along with the ingredients for success that make your company
unique in that market)
1.4. Offerings
A brief description of the product or service
1.5. Key Financial Data
Key historical and forecasted financial data, such as annual revenue and net income, for five years
1.6. Funding Needs
An estimate of the amount of the funds you need - a statement of how you will use the money and
how lenders or investors will get their money back.
2. Company Description
2.1. Mission (approx. 30 words)
2.2. History
When was the company founded? Why was it founded? What have been its chief
accomplishments? How has its direction changed?
2.3. Current Status
3. ABC International Inc.
Business Plan | Eurion Constellation Page 3
What are its existing product lines? How many employees does the company have? Where does it
stand in its industry and marketplace? Have there been any sales? Are sales on an upswing, level,
or in a decline? Equally important, what are the company’s failures and shortcomings?
2.4. Strategies
2.5. Future Plan
3. Management and Organization
3.1. Need for additional key people
3.2. Outside advisors/consultants
Notes: At the end of the business plan, in an appendix, provide complete and detailed resumes,
giving the information necessary to allow the prospective investor to check references. Each resume
should include exact employment information (positions, places employed, dates of employment,
and reasons for leaving), schools attended, degrees received, and dates. The resume should also
paint a personal picture of each executive for the prospective investor. You many want, for example,
to include references to industry and business affiliations, professional memberships, hobbies, and
leisure time activities.
You should describe the compensation packages that you offer to the key members of the
management team. Compensation packages can include salary, bonuses, profit sharing, stock
ownership opportunities (options or purchase), and deferred compensation to name the most
common. Be specific about the stock ownership opportunities available to each key employee.
4. Market and Competitors
4.1. Market
How buying decisions are made? What is the market segmentation?
Notes: The term market research suggests complex matters such as regression analysis and
academic studies. More often, it is a straightforward accumulation of data available from published
sources such as government or industry-association statistics and news articles, as well as from
executives’ inquiries. The most important aspect of market research, however, is feedback from
current and prospective buyers.
4.2. Industry
4. ABC International Inc.
Business Plan | Eurion Constellation Page 4
4.3. Buyers: Current and Potential
4.4. Competitors
What is your aimed market position? What is your defensive strategy to fend off competition?
5. Products and Services
Notes: If you have already built a working model or a prototype of your product, you may want to
include a photograph of it. If it is small or inexpensive enough — such as a type of food or other
consumer product — you might even consider including a sample or sending one as a follow up to
receipt of the business plan.
If you have not built the product, it could be helpful to include an artist’s rendering or at least a
conceptual diagram. Furthermore, if your product or service is derived from a new technology or an
innovative application of an existing technology, you should explain this fully.
Investors seldom like to back “one-product” companies.
5.1. Features, components, and quality of products/services
5.2. R&D requirements and work remaining
5.3. How the product/service will be produced and at what cost?
5.4. Any crucial quality control measures and after-sales services
5.5. Regulations and laws applicable
6. Manufacturing and Operational Plan
6.1. Location and Space Requirements
Where is the planned location? Discuss the location's proximity to customers and suppliers. Discuss
tax rates and zoning requirements for the location. Discuss transportation issues. Discuss utility
costs. Will you rent, lease, or purchase the facility? Any additional information
6.2. Equipment
Will you rent or purchase equipment? Any additional information
6.3. Inventory Control
5. ABC International Inc.
Business Plan | Eurion Constellation Page 5
How will you control quality, inventory, and production?
6.4. Purchasing Requirements
Will you make or purchase component parts to be assembled into the finished product?
6.5. Subcontractors and Suppliers
Who are your potential subcontractors and suppliers?
6.6. Labor Force
Notes: Discuss the local labor pool. Is there a sufficient quantity of skilled people to meet the
business's needs? Discuss wage rates and unionization issues.
Labor Requirements: How many employees are needed? Full-time or part-time? What are the job
qualifications? Will you have written job descriptions? What will you pay your employees? How
does that compare with the going rate in your region and industry?
Selection, Orientation, and Training: Do you have a job application form? What criteria will you use
in selecting employees? What orientation process will there be for new employees? How will new
employees be trained?
7. Sales and Marketing
Highlight the cost effectiveness of the current business and development strategy
Analysis of market research study
Unique selling proposition
Marketing through advertising and public relations
7.1. Selling methods
7.2. Staff training
7.3. Sales support
8. Financial Information (3-5 years forward)
Notes: Be conservative. Include funding request.
8.1. Revenue Statement
6. ABC International Inc.
Business Plan | Eurion Constellation Page 6
Sales: Your market share should be consistent with your estimate of the total market and your
competitive advantage over others. Sales may be forecast on either a unit (earlier years) or a
percentage-of-volume (later years) basis (say, y-o-y).
Cost of Sales: Rather than merely assuming costs to be a percentage of sales, you should analyze
the material, labor, and overhead elements that go into making the product. Your forecast should
be based on the production plans that you have developed and should take into account all cost
components.
Marketing Expense: For the first two years, marketing expenses should be based on a detailed
marketing plan that builds on the marketing section of the business plan. Later, you can estimate
marketing expense as a percentage of sales.
Contingencies: Instead of including the possible cost overrides in other line items, use a separate
one – contingent costs.
8.2. Balance Sheet
Cash: Estimate a minimum amount of cash to be maintained over the forecast period. This will
affect the amount of cash you need to raise through either borrowings or the sale of stock. Most
business owners prefer to maintain enough cash (including cash investments) to cover three
month’s disbursements, to allow some cushion for unexpected problems and costs. This cushion
will also provide time to negotiate a good funding package when you are ready for a subsequent
round of financing.
Investments: The level of investment will depend on your monthly cash needs. Indicate the rate of
interest you expect to earn on excess funds. A good rule of thumb is to assume that interest will be
earned at the current money-market fund rate.
8.3. Cash Flows
8.4. Funds Flow
8.5. Sensitivity Analysis
Notes: You need not include prospective financial statements that use the changed assumptions.
Instead, provide a general discussion of the most critical assumptions used in preparing your
forecast and, in discussing the alternative results, focus on whether additional financing will be
required and on what income and return on equity will be at the end of the forecast period.
8.6. Funding Request
Notes: If your business is already in operation, explain the company’s capital structure and what
effect the anticipated funding will have on it. If you are a new company, explain how you have been
capitalized, who the stockholders are, what their positions in the company are, how much stock
they own, and how much they paid for it.
7. ABC International Inc.
Business Plan | Eurion Constellation Page 7
You should explain any plans for obtaining financing besides the venture capital, private equity or
loan funds described in the immediate funding request. Many companies arrange a bank line of
credit, or a bank-term loan or equipment lease to finance their short-term working-capital needs
and capital-equipment expenditures, respectively.
8.7. Exit Strategy (Venture Funding)
How do you plan to get yourself (and your money) out of the business? Do you intend to grow the
business to the point of an IPO? Do you intend to sell the business?
9. Risks and Assumptions
9.1. Market Growth
What will you do if your market develops either more slowly or more quickly than anticipated?
9.2. Competition
How will you react to competitor challenges such as underpricing or new products that make yours
obsolete?
9.3. Industry
How will you react to favorable or unfavorable changes in the industry?
9.4. Labor
How will you react if there is a labor shortage or other labor-related issue?
9.5. Inputs
How will you react if there is an erratic supply of products or raw materials?
10. Notes
Loan application packages tended to consist of little more than past and current financial
statements.
Tailor the plan. The plan should be written and organized with the primary readers in mind. If the
plan is being used to secure a bank loan, it should emphasize such matters as collateral, previous
borrowing history, cash flow, receivables, and other matters of principal interest to bankers. If the
plan is intended to raise investment funds, it should concentrate more heavily on long-term market
trends and other issues affecting growth prospects. If the plan is to be shown principally to potential
8. ABC International Inc.
Business Plan | Eurion Constellation Page 8
acquirers of the company, it should emphasize the company’s accomplishments within its industry,
along with its ability to continue long-term growth and improve cash flow over the coming five
years. [Different groups react in different ways to specific factors. For instance, it may be a mistake
to emphasize balance-sheet ratios to venture capitalists, because they understand that the ratios of
fast-growing and service companies can be easily distorted. It may also be a mistake to emphasize
explosive market growth to bankers, who many then worry about whether cash flow will be
sufficient to cover debt service requirements.]