Writing a Business Plan by Why And How. Who needs a business plan? Start-up companies Firms seeking financial help Firms seeking strategic help 2.

Slides:

Advertisements

Similar presentations

THE BUSINESS PLAN The Business Plan Chp. 5 ITB.

Advertisements

GENERAL GUIDELINES LESS IS MORE. So be brief. The enterprise jury members will rarely take time to read more than 2 pages. Dont repeat yourself. There.

Project Title Speaker Name Job Function Organization type ( maximum 10 words – reflecting project concept and results )

3.03 Starting a Business Objective 3.03 Understand the procedures and requirements for starting a business.

Entrepreneurs discover a business opportunity when they find a solution to an unsolved problem or unmet need. The first step in an entrepreneurial venture.

Chapter 13 Proposals and Formal Reports

Appendix A © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole.

Developing Your Business Plan

Designing a Marketing Plan Appendix A. Overview of Report Executive Summary Executive Summary Company Description Company Description Strategic Focus.

EXECUTIVE SUMMARY GENERAL GUIDELINES I. LESS IS MORE. Be brief. People will rarely take time to read more than the 3 slides. We propose a template here,

Preparing Your Business Plan

J0704-Business Plan Executive Summary Session 4. J0704-Business Plan The last thing one know is what to put first – Blaise Pascal Summarized what you’re.

EXECUTIVE SUMMARY GENERAL GUIDELINES I. LESS IS MORE. Keep it short and simple. We propose a template here, so use it. II. DON’T REPEAT YOURSELF. There.

B2B Meetings Applicants Executive Summary June 24th, 2015 Rencontres internationales de la Silver Economy GENERAL GUIDELINES LESS IS MORE. So be brief.

Focus on your core business, while we handle your web needs!

BUSINESS PLAN How do you make a business Plan?

Entrepreneurs discover an entrepreneurial opportunity when they find a compelling solution to an unsolved problem or unsatisfied need.

Bulgaria “How to make a business plan”. The business plan is written document describing the nature of the business, the sales and marketing strategy,

DEVELOPING A BUSINESS PLAN

Dawn Pedersen Art Institute

Strategies for Dealing with Angels For MassMEDIC Richard Lucash October 18, 2005.

Creating an E-Business Plan Chapter 4. E-Business Plan Organization Used to seek funding for a new or existing e- business Serves as a “Blueprint” for.

Chapter 2 Business, Strategic, and Direct Marketing Planning.

Entrpereneurship The Importance of Business Planning for a Venture.

©2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

Business Plan Buliding Course: Business Staregy Lecturer: Dr. Roosta Shahid Beheshti University By: S.M.H.Hosseini.

Copyright © 2011 The McGraw-Hill Companies All Rights ReservedMcGraw-Hill/Irwin Chapter 1 Strategic Planning and the Marketing Management Process.

The Business Plan We are starting a new business. We discussed three steps for starting that business. What was the first step? DEVELOPING A BUSINESS CONCEPT.

Lesson 17: Business Plan Analysis

ENTREPRENEUR SLIDE PRESENTATION Company : Person in Charge : Designation :

The Business Plan Presentation

The Business Plan The student will... Discuss elements needed in a formal written business plan.

Business Plans Built by Stambaugh/2009 Jeff Stambaugh Dillard College of Business/Rm 257A

© 2005 Mark T. Schenkel1 Mark T. Schenkel, Ph. D. The Business Plan Foundations of Entrepreneurship.

CISB 234 ELECTRONIC COMMERCE BUSINESS PLAN. What is Business Plan ?  A document that provides a framework for testing the business from conception through.

Click here to advance to the next slide.. Chapter 5 Entrepreneurship Section 5.2 The Business Plan.

The Main Idea Once an entrepreneur discovers a good business opportunity, the next step is to do market research. Market research helps to determine.

Preparing A Business Plan. Objectives By the end of this topic, you should able to understand: 1) Definition a business plan 2) the important of BP 3)Major.

The Main Idea Once an entrepreneur discovers a good business opportunity, the next step is to do market research. Market research helps to determine whether.

CISB 334 E-Business BUSINESS PLAN. What is Business Plan ?  A document that provides a framework for testing the business from conception through early.

Opportunity Recognition Chapter 6 Section 1 - What is a Business Plan.

Entrepreneurship: Ideas in Action 5e © 2011 Cengage Learning. All rights reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible.

Introductory Material, Executive Summary and Description of the Business CHAPTER 4 BBUSS 2403 BUSINESS PLANNING 3-1.

Bell Ringer Activity Planning is the key to success in many areas. Teachers have lesson plans, healthcare providers have treatment plans, and Coaches have.

 Describes what your business:  will produce,  how you will produce it, and  who will buy your product or service.

IF-ITB/PAT/03Aug25 IF7074 –Business Plan Page 1 Patricia SALGUERO Departemen Teknik Informatika Institut Teknologi Bandung Business Plan.

©2010 Prentice Hall 4-1 Chapter 4 Writing a Business Plan Bruce R. Barringer R. Duane Ireland.

EXECUTIVE SUMMARY GENERAL GUIDELINES I. LESS IS MORE. Keep it short and simple. We propose a template here, so use it. II. DON’T REPEAT YOURSELF. There.

The Business Plan If you don’t know where you are going, how will you know when you are lost? - Rhonda Abrams, The Successful Business Plan.

Case Study Template Template Resources for Partners.

Proposal Writing 101 Engineers Without Frontiers CEE 402.

Marketing to Your Ideal Client Achieving sustainable growth for your financial advice practice.

Intro to Business, 7e © 2009 South-Western, Cengage Learning SLIDE1 Starting a Small Business Goals Recognize important factors to be considered when starting.

Marketing Plans. Marketing Concept Is the idea that a business should strive to satisfy customers’ needs and wants while generating a profit for the firm.

DEVELOPING A BUSINESS PLAN. Now that you know the details of your business, you need to put everything on paper. Writing these details will help you visualize.

The Business Plan Presentation

3.03 Starting a Business Objective 3.03 Understand the procedures and requirements for starting a business.

Copyright © 2015 McGraw-Hill Education. All rights reserved

Starting a Business Understand the procedures and requirements for starting a business.

3.03 Starting a Business Objective 3.03 Understand the procedures and requirements for starting a business.

The Teen Entrepreneur Show Me The Money!.

Capital Advisory and Management Consulting

Chapter 13 Proposals and Formal Reports

Writing a Business Plan

Insert logo here. Use 99 Designs or Fiverr to create one cheaply.

Venture Plan Sections All Venture Plans should include the following sections: Executive Summary Market Analysis Resource Analysis Operating Strategy.

The Business Plan Presentation

Presentation transcript:

Writing a Business Plan by Why And How

Who needs a business plan? Start-up companies Firms seeking financial help Firms seeking strategic help 2

Why do you need a business plan? It will be a sales tool when you go out to build relationships with investors, banks, partners and advisors It will help you define your objectives and allow you to realize your status quo, thereby helping you to plan further You will be able to discover the strengths and weaknesses of your concept/company/project 3

Things you should first figure out The Business Concept The Current Market Possible Future Market Management of Company/Project Finances/Funding/Control Change Management 4

What to avoid when writing Do not write many pages. Keep the entire proposal - short. Do not write long and confusing sentences. Write clearly, to the point and in an easy to understand manner. Do not repeat. Do not be too optimistic about long-term plans. But do mention long-term plans. Be realistic about short-term plans. Do not use highly creative language. Be realistic and focused. 5

Executive Summary This is the first part of the business plan. And provides an outline of the business plan. It conveys what you want to do to the reader, in an effective, persuasive manner. Its components are The Objectives The Mission Success Points Main Service Offered Current Market Financial Requirements Promising Future 6

Other things you could include You could include the following if you prefer. Explain in a few lines i.e. in a nut shell. Stakeholder Statements Competitive Analysis Major Achievements Industry Barriers Customer motivators 7

The steps to writing a project proposal Gather data. Outline – what, who, how. Understand who the audience is. Write the draft. Focus on Concept. Write in a short, persuasive and compelling way. With a touch of creativity blended with the serious tone. Get a friend or professional to read the draft. Improve, re-write, focus. 8

How Copywriting Direct can help you We are a team of experienced writers We understand the art of Business Proposal writing We have the input of an experienced marketing consultant We can write in creative and serious tones We can write in a persuasive manner We spend time understanding our clients’ background and needs, as well as their customers’ requirements 9

Contact Copywriting Direct Copywriting Direct (Pvt) Ltd 15, Quarry Road, Pita-Kotte, Kotte, Sri Lanka Phone: +94 (0) Fax: +94 (0) Website: 10