Business Plan

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  • Topic: Management, Strategic management, Marketing
  • Pages : 8 (1182 words )
  • Download(s) : 59
  • Published : July 16, 2008
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BUSINESS PLAN

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?

Pricing Power
(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.

THE PEOPLE
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.

Resource Requirements:

Communications
Enter a description and budget of all communications equipment.

Telephones
Enter a description and budget for all telephone equipment.

Pagers
Enter a description and budget for pagers.

Facsimile
Enter a description and budget for all fax equipment.

Computers
Enter a description and budget for all computer equipment.

Internet
Enter a description and budget for necessary Internet access and providers.

SECTION 4: ORGANIZATION
Business Organization
(Session 4): Explain the form of business organization you intend to use and why it is best for your business.

Professional Consultants
(Session 4): List the names of your lawyer, accountant, insurance agent and any other professionals.

Licenses
(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

Local:

State:

Federal:

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
Insurance
(Session 6): List the forms of insurance coverage including costs are anticipated.

SECTION 7: PREMISES
Location Criteria
(Session 7): Outline your location criteria.
space requirements
future requirements
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
Accounting
(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.

Internal Controls
(Session 8): Explain your: Intended internal controls and cash controls, check signing policy, strategy for controlling...
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