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A Business Plan
Essential to make ideas or vision to reality
Prepare for Motibee.com
Duc C. Nguyen
Country General Manager
Monthly Workshop, Ho Chi Minh City
30th Jul 2011
Tectura Confidential – For Internal Use Only
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Agenda
• Introduction
• How to prepare a practical business plan?
§ Objectives
§ Natures
• Essential skills and knowledge for a business plan?
• Right business plans for start-up and SMEs?
• Q&A
Ho Chi Minh City, 30th Jul 2011
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Introduction
• Over 8 years of CEO post in enterprise management software (ERP,
POS, project management) & consultancy services and heavy
equipment distribution;
• 4 years of management & IT consultant with Big Four Auditing firms
(Arthur Andersen & KPMG)
• 5 years of business development/sales in IT system integrators (i.e.
IBM, Compaq, HP, Cisco, etc)
• Over 4 years as a Core Supporter to a non-profit organization,
Vietnam Supply Chain Community (www.vietnamsupplychain.com)
• Executive MBA, RMIT University
• BA, Foreign Trade, Economics University of HCMC
Ho Chi Minh City, 30th Jul 2011
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Page 4
How to prepare a practical BP?
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How to prepare a practical BP?
Objectives
Who are your
Who are your
Vision competitors?
customers?
What do you
want to be?
Business Action
Plan plans
What are How to reach
your them?
resources/ Strategy
Capabilities?
Your
products?
Ho Chi Minh City, 30th Jul 2011
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How to prepare a practical BP?
Objectives
• What do you want to be in 3 – 5 years or 10 years?
§ Ask yourself first
§ Work for yourself? è Entrepreneur vs. Work for others è Employee
§ Objectives & Goals – Short, Medium and long-term
§ What kind of business do you want to do? Why?
§ Are you ambitious and passionate to pursue your Vision?
Vision
What do you
want to be?
Ho Chi Minh City, 30th Jul 2011
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How to prepare a practical BP?
Objectives
• Who are your targeting customers?
§ Market segmentation – Which market segments?
Who are your
§ Understanding of their needs and expectations? customers?
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How to prepare a practical BP?
Objectives
• What kind of resources you have or will have to What are
your
support your BP? resources?
§ Human resources – who are your partners? Who will be your key
resources?
§ $$$$$ - from yourself? Friends? Family? Banks?
§ Technology
§ Competency/Capability – knowledge, skills, etc
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How to prepare a practical BP?
Objectives
• Products & services
§ Sell what you have vs. Sell what customers need?
§ What makes your products to be differentiated from other?
Products &
• Services services
• Quality
§ What are your selling points to the customers?
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How to prepare a practical BP?
Objectives
• Know the market and your competitors?
§ SWOT analysis
§ How the market is going?
Who are your
§ Who are your partners i.e. suppliers, etc? competitors?
§ Market trends?
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How to prepare a practical BP?
Natures of a BP
• S.M.A.R.T BP
§ Specific (i.e. increasing customers’ satisfaction by
Plan
10%)
§ Measurable
§ Achievable – Realistic to achieve
Modify Execute
§ Responsible – Who will be in charge?
§ Time bound – When will it be done?
• BP process Review
§ Actionable and detailed BP within a year with periodical
review i.e. quarterly, 6-month and yearly basis
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How to prepare a practical BP?
Natures of a BP
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Essential skills and knowledge for a BP
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Essential skills and knowledge for a BP
• Knowledge
§ Business models i.e. direct sales vs. channel sales, franchising, etc
§ Sales i.e. right sales approaches, etc
§ Marketing i.e. SWOT, Porter’s Five Forces, etc
§ Finance i.e. Cash flow, P&L, Break-event point (BEP), Financial models,
etc
§ Management i.e. HR, marketing, finance, operations, etc
§ Understanding external factors which affect to your BP such as PESTLE,
Porter’s Five Forces, etc
Ho Chi Minh City, 30th Jul 2011
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Essential skills and knowledge for a BP
• Knowledge
§ Business models i.e. direct sales vs. channel sales, retails or distribution,
franchising, services, etc
Ho Chi Minh City, 30th Jul 2011
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Essential skills and knowledge for a BP
• Knowledge
§ Marketing
• Identify the right market segment you targets
• Pull vs. Push Strategy, etc
§ Learn from global marketing gurus i.e.
• Michael Porter, Phillips Kotler, etc
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Essential skills and knowledge for a BP
• Knowledge
§ Finance – Cash flow
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Essential skills and knowledge for a BP
• Knowledge
§ Finance – BEP
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Essential skills and knowledge for a BP
• Knowledge
§ Finance – P&L
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Essential skills and knowledge for a BP
• Knowledge
§ External factors might affect to your BP i.e. PESTLE, Porter’s Five
Forces, etc
• Politics
• Economy
• Society
• Technology
• Legislation
• Environment
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Essential skills and knowledge for a BP
• Skills
§ Networking i.e. business, professional, and social network to nurture
and empower you business
§ It’s a matter of WHO KNOW YOU instead of Who you know
§ Practice your plan on daily basis i.e. review action plans, etc
§ Stick with your S.M.A.R.T plan consistently and modify or change it
as needed
§ Get your team involve in your BP execution efficiently
§ Gathering information, Listening and Observing to understand
what’s going on in the market
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Page 22
A right BP for start-up & SMEs
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A right BP for Start-up and SMEs
• Business plan is essential for all business regardless it’s
small or big
• Start from small and simple 1st
• A vision or good ideas without an action or business plan is
a dream forever
Ho Chi Minh City, 30th Jul 2011
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Q&A
Ho Chi Minh City, 30th Jul 2011
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Thank you
Please feel free to contact me at any time
• Office email: duc.nguyen@tectura.com or
• Personal email: duc_nguyen71@yahoo.com
See our review at: >>CLICK HERE<<
Ho Chi Minh City, 30th Jul 2011
Tectura Confidential - For Internal Use Only