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Business Planning & modelling
BY ‘Tunji ALao
A business plan is a formal statement
of business goals, reasons they are
attainable, and plans for reaching
them. ~ Wikipedia
DO YOUNEED ABUSINESS PLAN?
YES
A basicbusiness plan willfocus yourefforts inthe rightdirection
The4 cs
Coherent, consistent, cohesive & customerfocused
BUSINESS PLANoutline
Companypurpose
Explainwhat yourcompany does
Jobberman.com is an online career
portal in Nigeria that connects job
seekers to available jobs.
THEPROBLEM
What issuedoes yourcompany address foryour clients?
CURRENT SOLUTION
How are people dealingwiththe problemnow?
yourSOLUTION
How does yourcompany solvethe problem you definedearlier?
Whynow?
What current trends are makingthis ideapossible?
Define yourtarget customer
Things likeage,gender, socio economicstatus, location etc.
Howbig is themarket?
Data! Data!! Data!!!
Compareyourselftothecompetition
Findyour niche
Define yourproduct orservice
here you talk about features
Giveyourdevelopment roadmap
Giveyour developmentroadmap
Business Model
Revenue,Distribution, & Marketing
revenue Model
How are you going to price your product/service?
distributionModel
How do you getyourproduct/service to yourcustomers?
MARKETING Model
How do you getthe wordout?
team
Who is onitand why they are rock stars.
Partners, employees,advisors etc.
12Monthfinancialprojections
Balance Sheet,Profit& Loss
Cash Flowbased onsales & expense forecast
12monthprofit& lossprojection
12monthprojected cash flow
Include balance sheet
/tunjialao
@tunjialao
tunji@vacantboards.com

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Business Planning & Modelling