Reference no: EM131380107
Business Plan - Create your business plan on your tablet.
A good business plan can help you secure finance, define the direction of your business and create strategies to achieve your goals. The business.gov.au Business Plan template steps you through the process of creating a solid, well-structured plan tailored to your business.
Using this template
Before you complete this business plan template and start using it, consider the following:
1. Do your research. You will need to make quite a few decisions about your business including structure, marketing strategies and finances before you can complete the template. By having the right information to hand you also can be more accurate in your forecasts and analysis.
2. Determine who the plan is for. Does it have more than one purpose? Will it be used internally or will third parties be involved? Deciding the purpose of the plan can help you target your answers. If third parties are involved, what are they interested in? Although don't assume they are just interested in the finance part of your business. They will be looking for the whole package.
3. Do not attempt to fill in the template from start to finish. First decide which sections are relevant for your business and set aside the sections that don't apply. You can always go back to the other sections later.
4. Use the [italicised text]. The italicised text is there to help guide you by providing some more detailed questions you may like to answer when preparing your response. Please note: If a question does not apply to your circumstances it can be ignored.
5. Download the Business Plan Guide. The business plan guide contains general advice on business planning, a complete overview of the business plan template and a glossary explaining the main terms used throughout this template.
6. Get some help. If you aren't confident in completing the plan yourself, you can enlist the help of a professional (i.e. Single Business Service, Business Enterprise Centre, business adviser, or accountant) to look through your plan and provide you with advice.
7. Actual vs. expected figures. Existing businesses can include actual figures in the plan, but if your business is just starting out and you are using expected figures for turnover and finances you will need to clearly show that these are expected figures or estimates.
8. Write your summary last. Use as few words as possible. You want to get to the point but not overlook important facts. This is also your opportunity to sell yourself. But don't overdo it. You want prospective banks, investors, partners or wholesalers to be able to quickly read your plan, find it realistic and be motivated by what they read.
9. Review. Review. Review. Your business plan is there to make a good impression. Errors will only detract from your professional image. So ask a number of impartial people to proofread your final plan.
Contents
Business Plan template
Using this template
Business Plan Summary
- The Business
- The Market
- The Future
- The Finances
The Business
- Business details
- Registration details
- Business premises
- Organisation chart
- Management & ownership
- Key personnel
- Products/services
- Innovation
- Insurance
- Risk management
- Legal considerations
- Operations
- Sustainability plan
The Market
- Market research
- Market targets
- Environmental/industry analysis
- Your customers
- S.W.O.T. analysis
- Your competitors
- Advertising & sales
The Future
- Vision statement
- Mission statement
- Goals/objectives
- Action plan
The Finances
- Key objectives & financial review
- Assumptions
- Start-up costs for [YEAR]
- Balance sheet forecast
- Profit and loss forecast
- Expected cash flow
- Break-even analysis
Attachment:- Business Plan Template.rar
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: Business Plan - Create your business plan on your tablet. A good business plan can help you secure finance, define the direction of your business and create strategies to achieve your goals
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