This document provides guidance on developing a business plan, including key elements to address. It identifies major stakeholders and considerations for a business, such as owners, customers, costs, and competition. The main sections of a business plan are outlined as the business, marketing, financials, and supporting materials. Specific topics to cover in each section are listed, such as the target market, pricing strategy, income statements, and resumes. An overall business planning model is presented that includes components like the mission, team, SWOT analysis, and financial considerations. The document emphasizes examining the business and planning before writing the formal business plan.
3. Major Players
Major Players
• Owners
• Personnel
• Advisors
• Customers
• Competition
Considerations
• Achieve
• Advantage
(sustainability)
• Offering
• Good / Service
Examine
• costs
• Products
• Services
• Systems
• Internal / External
Influences
4. Elements of a business plan
The Business
The Marketing
The Financials
The Supporting Material
5. Business
Business Opportunity
Organization and
Operations
Description of
Operations
Management
Personnel
Strengths & Weaknesses
Core competencies
Challenges
Any accomplishments
Location
Product / service
offering
Products / services
Records
Insurance
6. Marketing
Target Markets
Customers
Competition
Distribution
Relationships
Advertising
Pricing
Industry and market
trends
Strategy
Market strategy
7. Financials
How will the funds be
used
Income statements
Cash flow statements
Balance sheet
Cash flow forecast
Profit and loss forecast
Income projection
Sales revenue forecast
Income forecast
Capital spending
Assumptions
Budget
Break even analysis
9. Business Planning Model
Business Summary
Company Name:
Contact Person:
Type of Business:
Profiles:
Service:
Funds requested:
Use of proceeds:
Exit method:
Accountant:
Bankers:
•Overview of the Company
•Mission Statement
•Team
•Additional Staffing
•Cash flow
•Communication
•Systems
•Legal
•Product
•Product/Market Considerations
•Production Process and Systems
•Legal/Regulatory Considerations
•Organization and Management
SWOT Analysis
oStrengths
oWeaknesses
oOpportunities
oThreats
•Financial Considerations
•Investment Considerations
11. Mission and Goals
Why are you in business? Goals
To make money
To serve people
Summarize it into a single
statement
Identify your personal and
business goals
Determine what makes you
financially secure
12. Executive Summary
Includes
Name and Type of business
Required investment or loan information
The use of the money
18. How to get today’s presentation
Email me @ info@bladesandbladesconsultancy.com
Download it @ http://www.slideshare.net/richieb93/
19. Thank you!
Contact Details:
Blades & Blades Consultancy Services
T. 246.420.4826
E. info@bladesandbladesconsultancy.com
W. www.bladesandbladesconsultancy.com
Twitter: http://twitter.com/richieb93
LinkedIn: http://www.linkedin.com/in/richieb
Editor's Notes
What do you want for your business?
Do you want to win / lose?
What’s your mindset for your business?
You need to ask these questions in order to help you figure out the important!
Who are the major players?
Who are the owners, personnel, advisors, customers, competition, target audience?
What do you want to achieve?
What is your sustainable advantage?
What do you offer?
What do you produce?
When did the business start?
When did you want to meet your goals?
Why are you in business?
Why would your product / service be wanted by customers?
Where is the business located?
Where do your opportunities lie?
How do you get from where you are now to where you want to be?
Tell me about your…
Will examine in closer detail next!
Lime Promo Material – Not an endorsement of any kind
Article just in today’s news “Barbados Today”
Put the business in focus!!!
The next slides will assist with this process
Which of these for profit motives is your primary reason for being in business? Money / People
What is it that will make you want to get out of bed to do this business?
Write these thoughts down!
IF YOU CAN’T MEASURE IT, IT’S NOT A GOAL!
Your goals should be measureable in time, dollars, quantity or comparison.
Your goals should be strategic if they are support goals that will enable realization of the primary goals.
What’s the legal structure?
The amount and purpose of the money being requested
The repayment plan – principal and interest
Showing the narrative section of the document.
The financial will come when you do the financial elements in the coming sessions.
We did this for the Prime Ministers Awards Innovation Competition some time ago.
Some of the information has been altered for confidentiality and illustrative purposes only.