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by Meir Liraz
Wouldn't you like an easy and proven way to develop a high quality business plan?
This Business Plan Example PDF Download, Free Business Plan Template book features a complete business plan template with step by step instructions on how to plan and start your new business. This fill-in-the-blanks template includes every section of your business plan, including your Executive Summary, Company Analysis, Competitive Analysis, Marketing Plan, Operations Plan and Financial Plan. This is must-know must-do information; ignore it and you stand a good chance to fail.
The Business Plan Template will help you figure out if your new business idea could actually be turned into a viable business, it serves as a blueprint for your successful startup. A wise man once said: "If you're not sure where you are going, you're liable to end up someplace else". Here are the strategies and techniques that will help make sure you're on the right track.
Here's how this system will benefit you:
* Discover easy to follow explanations on how to develop a business plan that will make bankers, prospective partners and investors line up at your door. Practical techniques you can put to work immediately.
* It will help you predict problems before they happen and keep you from losing your shirt on a dog business idea.
* What nobody ever told you about raising venture capital money. Insider secrets of attracting investors, how to best construct your proposal, common mistakes and traps to avoid, and more.
* How to create a results oriented cash budget. Where to focus your money and energy for maximum profit. You come away with the a comprehensive understanding of the essence of budgeting. This skill alone is worth a small fortune.
* This template was successfully field tested with numerous entrepreneurs, banks and investors.
* Financial ratio analysis - Easy to grasp explanations, formulas and ratios that you can apply immediately to make sure your business in on the right track.
Checklist for Starting a Business: Essential Ingredients for Success
If you are thinking about going into business, it is imperative that you watch this video first! it will take you by the hand and walk you through each and every phase of starting a business. It features all the essential aspects you must consider BEFORE you start a business. This will allow you to predict problems before they happen and keep you from losing your shirt on dog business ideas. Ignore it at your own peril!
For more insightful videos visit our Small Business and Management Skills YouTube Chanel.
There are many reasons why a business plan should be prepared. Each is sufficient by itself for why one must go through the exercise of preparing the actual business plan. This guide discusses free small business plans, business plan outline. Regardless of the specific reason, the underlying goal of preparing a business plan is to insure the success of the business. Here are the main reasons why a business plan should be prepared:
Provides you with the road map that you need in order to run your business. It allows you to make detours, change directions, and alter the pace that you set in starting or running the business.
To assist in financing. Whether one is starting up a small business or is an entrepreneur, banks and financial institutions want to see that you know where you are, where you are going, and how you are going to get there.
The plan will tell you how much money you need, when you will need it, and how you are going to get it. In other words, how you will do your financing?
Helps you to clearly think through what type of business you are starting, and allows you to consider every aspect of that business.
Raises the questions that you need to have answered in order to succeed in your business.
Establishes a system of checks and balances for your business so that you avoid mistakes.
Sets up bench marks to keep your business under control.
Helps you develop the competitive spirit to make you keenly prepared and ready to operate.
Makes you think through the entire business process so that you do not open the business blindly or lack vital information in opening and maintaining your business.
Forces you to analyze competition.
Will give you a "go" or "no go" answer about starting the business.
Below is an outline for a simple business plan format. Use this model as a guide when developing the business plan for your business.
Elements of a Business Plan Outline:
1. Cover sheet
2. Executive Summary
3. Table of contents
A. The Business
(1) Description of business
(4) Operating procedures
(6) Financial data
B. Financial Data
(1) Loan applications
(2) Capital equipment and supply list
(3) Balance sheet
(4) Break-even analysis
(5) Pro-forma income projections (profit & loss statements)
* Three-year summary
* Detail by month first year
* Detail by quarters, second and third years
* Assumptions upon which projections were based
(6) Pro-forma cash flow
* Follow guidelines for (5).
C. Supporting Documents
Personal financial statement (all banks have these forms)
Copy of proposed lease or purchase agreement for building space
Copy of licenses and other legal documents
Copy of resumes of all principals
Copies of letters of intent from suppliers, etc.
Writing The Business Plan - What It Includes
What goes in a business plan? This is an excellent question to ask. And, one that many new and potential small business owners should ask, but oftentimes don't ask. The body of the business plan can be divided into four distinct sections:
1) the description of the business,
2) the marketing plan,
3) the financial management plan and
4) the management plan.
Addenda to the business plan should include the executive summary, supporting documents and financial projections.
tags: Business Plan Example Pdf Download, Free Business Plan Template
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