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Business Plan presentation

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Business Plan presentation

  1. 1. Business Plan Presented by: Ilham Laabab Majda Saaf Meryem Oulghazi
  2. 2. Outline I. Introduction II. The benefits of a Business Plan III. Major components of a Business Plan IV. Steps of writing a Business Plan V. Conclusion
  3. 3. I. Introduction  Business plan is, as its name suggests, a plan or a road map for getting a business started. It provides specific information about what is needed to get a business up and running.  Business plan helps you think about strategies and make decisions before you open your own business. It allows new business owners to make mistakes on paper before real money and customers are on the line.
  4. 4. II. The benefits of a Business Plan  See the whole business  Strategic Focus  Set priorities  Manage change  Develop accountability  Manage cash
  5. 5. III. Major components of a Business Plan Most business plans include six sections : • Executive summary • Products/Services • Company overview • Marketing research and strategies • Operational plan • Financial plan
  6. 6. IV. Steps of writing a Business Plan 1. Research and determine the purpose of the BP  Before you jump into writing a Business Plan, you need to determine the purpose of your plan.  Writing a Business Plan is not trivial, it requires time and energy and research.
  7. 7. IV. Steps of writing a Business Plan 2. Study the potential market for the project  Market research should be done at the very beginning. This study will have an influence on all of your strategic decisions as well as on your business model.
  8. 8.  To carry out the modeling and establish a financial forecast, it is necessary to reutilize certain information obtained through market research.  By studying your competition, you will be able to compare certain key data and ratios of your activity. 3. Establish a financial model IV. Steps of writing a Business Plan
  9. 9. IV. Steps of writing a Business Plan 4. Write a Business Plan as a team  You have to write the Business Plan as a team, everyone has to invest in the writing. it is the best way to end up with a document without any coherence.  Remember that sometimes form counts more than substance. Whether in Word or Powerpoint, emphasize the visual aspect of your document and its general attractiveness.
  10. 10. IV. Steps of writing a Business Plan 5. Make an executive summary  It is a form of attractive summary of your business plan.  Remember not to exceed 2 pages, and highlight the most important elements of your business plan to attract investors, and to give them desire to meet you, and find out more about your project.
  11. 11. IV. Steps of writing a Business Plan 6. Review of the Business Plan  The Business Plan should be clear, with no spelling mistakes. Easily to understand by all people.  Ask yourself the following question:  Can I earn the trust of investors to invest in my project when I will show them my Business Plan?
  12. 12.  A Business Plan is a living, breathing, and a document that helps you work towards a predetermined objective.  Business Plan is flexible for correcting your course during those times when things won’t go as planned. V. Conclusion

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