Business Plan - Slide 1 Business name – get creative – Contact information Address – complete – make believe, anywhere is U.S. or abroad Phone, include.

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Presentation transcript:

Business Plan - Slide 1 Business name – get creative – Contact information Address – complete – make believe, anywhere is U.S. or abroad Phone, include area code , professional, appropriate Website url / Facebook = professional –Owner’s name(s)

Slide 2 – The Idea Big Business Idea Product/service offered – what want/need are you providing/satisfying? What is your goal? What do you want to bring to your customers, community? Describe your business to me. Tell the story. Business Plan Outline Click me!

Slide 3 – Recognize it! Create a logo that is recognizable, clear, and professional Your business will be identified by this logo Include a slogan, jingle, etc. You can use (Paint, Word, etc.) – – – Create a logo that is recognizable, clear, and professional Your business will be identified by this logo Include a slogan, jingle, etc. You can use (Paint, Word, etc.) – – -

Slide 4 – The Mission Here you will write your business mission statement Click the graphic below for the assignment link!

Slide 5 – Owner Details List your credentials/skills/ qualifications Education –Degrees –Special training Special Skills –Technology? –Artistic? Personal Qualities –Motivated –Dependable If Partnership: –Use two sides for your slides like this! –This would be a rough- draft resume of sorts –What qualifies you (and your partner) to run this business?

Slide 6 – The Customer This is where you will describe your target market – who your customer is –We segment our customers many ways by: Age Gender Occupation Income level Geographic location Race/Ethnicity

Slide 7 – The Competition Who are your direct competitors? –Think of actual, local businesses in our area that would be your competition! What advantages do you see your business having over your competitors? –How is your business different, unique? What is your competitive advantage?

Slide 8 – The Product/Service Give a specific list of the products and/or services you sell and the prices for each –Stay organized, use a bulleted list perhaps –Think of this as a “menu” –Be specific!!!

Slide 9 – Marketing & Promotions How do you plan to market and promote your product/service? Think about your choices: –Describe your plan to me on this slide…be detailed about what media you will use to advertise. –Radio/TV/Newspaper ad? –Billboard? –Flyers? –Grand opening? –Direct mail? –Coupons? –Raffles?

Slide 10 – Links to Publications Please create hyperlinks to your: Business card Flyer Brochure Letterhead

Slide 11 - Expenses What expenses will you have to pay for annually/monthly (Provide list on this slide…without costs)? In Excel, create a list of expense items and related costs (do the math)! –12 mo. in a year Add to get a grand total for your first year of business See link below to Excel file…add expense items as you see fit…you may change this list according to your business needs Click Here!

Slide 12 - Financing Now, declare what start-up financing you will need to obtain to cover your expenses. –How much are you able to contribute personally (savings)? –Bank loan? –Family/friend donations? –Investments from others?