Sole Proprietorship
Business Plan Worksheet
Preliminary Business Concept Analysis In one sentence, describe your business concept:
What is your business service or product?
How long do you estimate that it will take to develop this service or product to the point of being ready for the public?
What are the estimated costs of development of this product or service?
Why do you think that this business concept will succeed?
Who is your target market?
Is this market readily identifiable?
What are the buying patterns of this market?
Is there sufficient advance interest in this type of product or service?
What are your expected annual sales/revenue volumes? Year one: $ Year two: $ Year three: $ Year four: $ Year five: $
Company Description
What is your company's mission?
What is the type of business entity of your company? Partnership
Who will be the directors of the company?
Who will serve as the Officers of the company? President: Vice President: Treasurer: Secretary:
What will be the physical location of your company?
Where will the company's main place of doing business?
Will there be any additional locations for the company?
What geographic areas will your company serve?
What are the long-term plans for the business? (Expand, go public, sell to competitor, etc)
Industry Analysis
In what industry will your company operate?
What is the overall size of the industry?
What is the growth rate of the industry?
What are any seasonal or business cycles in the industry?
What have been the main technological advances in the past five years?
What are projected technological advances in the industry for the next five years?
Do any industry standards apply to your business?
Are there any government regulatory approvals or requirements?
Are there any local or state licenses necessary for the service or product?
Preliminary Business Concept Analysis In one sentence, describe your business concept:
What is your business service or product?
How long do you estimate that it will take to develop this service or product to the point of being ready for the public?
What are the estimated costs of development of this product or service?
Why do you think that this business concept will succeed?
Who is your target market?
Is this market readily identifiable?
What are the buying patterns of this market?
Is there sufficient advance interest in this type of product or service?
What are your expected annual sales/revenue volumes? Year one: $ Year two: $ Year three: $ Year four: $ Year five: $
Company Description
What is your company's mission?
What is the type of business entity of your company? Partnership
Who will be the directors of the company?
Who will serve as the Officers of the company? President: Vice President: Treasurer: Secretary:
What will be the physical location of your company?
Where will the company's main place of doing business?
Will there be any additional locations for the company?
What geographic areas will your company serve?
What are the long-term plans for the business? (Expand, go public, sell to competitor, etc)
Industry Analysis
In what industry will your company operate?
What is the overall size of the industry?
What is the growth rate of the industry?
What are any seasonal or business cycles in the industry?
What have been the main technological advances in the past five years?
What are projected technological advances in the industry for the next five years?
Do any industry standards apply to your business?
Are there any government regulatory approvals or requirements?
Are there any local or state licenses necessary for the service or product?