1. Planning, Organizing, and Managing a Small Business

2. Planning Why plan? Why plan? Why don’t people do it, then? Why don’t people do it, then?

3. Role of Strategic Planning Strategic Planning Strategic Planning SWOT Analysis SWOT Analysis Mission Mission Objectives Objectives Two factors in development Two factors in development Strategies Strategies

4. Role of Operational Planning Policies Policies Methods/ Procedures Methods/ Procedures Budgets Budgets

5. Planning to Operate a Business Choosing a Location Choosing a Location Planning Operations & Facilities Planning Operations & Facilities Developing Sources of Supply for Goods and Materials Developing Sources of Supply for Goods and Materials Planning HR Requirements Planning HR Requirements Setting up the Legal and Organizational Structure Setting up the Legal and Organizational Structure Determining Market Approach Determining Market Approach Establishing a Record-Keeping System Establishing a Record-Keeping System Setting up a Time Schedule Setting up a Time Schedule

6. Role of Financial Planning Estimating Income and Expenses Estimating Income and Expenses Estimating Initial Investment Estimating Initial Investment Locating Sources of Funds Locating Sources of Funds Your own funds Your own funds Funds from others Funds from others Equity investors Equity investors Lenders Lenders

7. Business Plan Purposes Purposes Money Money People People Preparing and Writing the Plan Preparing and Writing the Plan Developing Action Steps Developing Action Steps

8. Report Components Cover Sheet Cover Sheet Executive Summary Executive Summary Table of Contents Table of Contents History of the Business History of the Business Description of the Business Description of the Business Description of the Product Description of the Product

9. Report Components Management Structure Management Structure Objectives and Goals Objectives and Goals Financial Data Financial Data Appendices Appendices

10. The Plan Presenting Presenting Writing Writing Verbal Presentation Verbal Presentation Implementation Implementation