Reference no: EM133232639
GUIDELINES
The business plan represents a combination of various sub-plans covering the broad areas of activity in a business operation. The outline should include the following;
1. Executive Summary
- A succinct highlight of the overall plan % include ownership structure& business address & product/service& the market opportunity and company strategy & strengths of the management team& and the proposal/request.
2. Industry Analysis
- An overview of the industry& including consideration of the competition& legal constraints& statutory requirements& regulatory bodies, & etc.
3. Definition of the Business
- Explanation of the business concept, the current offering, and the projected growth
4. Purpose of the Business Plan
- Dominant reason for the preparation of the business plan
5. Business Feasibility
- Analysis of the demand (include highlights of the findings of the market feasibility study), risk (include business and market risks & environmental impact
6. Justification of the Business
- Economic, social, and personal benefits
7. Organization and Management
- Vision and mission statement, corporate goals, managerial competence, organizational structure and organizational chart
8. Human Resources
- sourcing and staffing considerations, arrangements for training and development
9. Operational Considerations
- Location, technical requirements (explain key business processes), equipment required (state whether it is a manufacturing or retail business), suppliers of raw materials, utilities, opening hours etc.
10. Marketing Arrangements
- Target market, definition of the product or service, pricing, distribution, promotion
11. Financial Considerations
- Sources of financing, capital cost, pre-operating expenses, working capital requirements, break-even analysis (where possible), and cash budget over three years, budgeted accounting statements over three years.
12. Implementation Schedule
- Stages of activities six months before to six months after the start-up date.
13. Appendices
- Any other documents to support the business plan
14. References
-bibliography, credits, acknowledgements