ENTER YOUR BUSINESS NAME
Enter your name
July 17, 2008
SECTION 1: THE BUSINESS PROFILE
Description of My Business
(Session 1): Describe your product or service.
Targeted Market and Customers
(Session 1): Describe your customer profile and why customers want or need your product or service.
Growth Trends In This Business
(Session 1): Is the market for your product or service growing or shrinking?
(Session 1): Explain the unique qualities or circumstances concerning your product or service that will enable you to maintain profitable pricing.
SECTION 2: THE VISION AND THE PEOPLE
(Session 2): Describe convincingly that you are passionately committed to your new business and have the realism to make inevitable hard choices.
Work Experience Related to My Intended Business
(Session 2): Describe your work experience in the business you plan to start including a list of your skills and knowledge, which will be required in your business.
Personal Background and Education Credentials
(Session 2): Describe yourself, including your education.
SECTION 3: COMMUNICATIONS
Computer and Communications Tools
(Session 3): Furnish a tabulation of each piece of equipment you intend to use including a description and the budget for each. You can use the following as a guide.
Enter a description and budget of all communications equipment.
Enter a description and budget for all telephone equipment.
Enter a description and budget for pagers.
Enter a description and budget for all fax equipment.
Enter a description and budget for all computer equipment.
Enter a description and budget for necessary Internet access and providers.
SECTION 4: ORGANIZATION
(Session 4): Explain the form of business organization you intend to use and why it is best for your business.
(Session 4): List the names of your lawyer, accountant, insurance agent and any other professionals.
(Session 4): List what licenses you will require to go into business.
SECTION 5: LICENSES, PERMITS AND BUSINESS NAMES
Due Diligence Procedures for Licenses, Permits and Business Names (Session 14): List the following:
DBA: List the name you intend to do business as
Zoning: Indicate if the zoning if appropriate for your intended office location
Licenses: List the appropriate licenses you will need at the local, state, and federal level
Trademark: Indicate your trademark intentions if any exist
Sellers Permit: List any sellers permits that you may need
EIN: Indicate if you will obtain an employers identification number
SECTION 6: INSURANCE
(Session 6): List the forms of insurance coverage including costs are anticipated.
SECTION 7: PREMISES
(Session 7): Outline your location criteria.
site analysis study if needed (attach)
demographic study if needed (attach)
lease check-off list (attach)
estimated occupancy cost as a % of sales
zoning and use approvals
SECTION 8: ACCOUNTING AND CASH FLOW
(Session 8): Furnish, as a separate exhibit of your starting balance sheet and projected income statements for the first six months to one year.
Cash Flow Planning
(Session 8): Provide a separate exhibit of your one year cash flow analysis including estimated sales, all costs and capital investments.
Provide a checklist of all expense items for input into your cash flow projection.
Analysis of Costs
(Session 8): What are all of my costs: fixed, variable, product, delivery, etc.
(Session 8): Explain your: Intended internal controls and cash controls, check signing policy, strategy for controlling...
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