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Session 04

The Business Planning


    Bygrave & Zacharakis, 2007. Entrepreneurship,
                New York: Wiley. ©
Sudahkah anda lakukan?
• Tugas Pribadi – session summary
• Tugas Kelompok – business ideas
  – Ide individu
  – Brainstorming
  – Ide kelompok – idea multiplication




            Bygrave & Zacharakis, 2007. Entrepreneurship,
                        New York: Wiley. ©
GROWTH


                                        IMPLEMENTATION


         TRIGGERING EVENT



INNOVATION


             Bygrave & Zacharakis, 2007. Entrepreneurship,
                         New York: Wiley. ©
Business model
INFRASTRUCTURE                               OFFER                                    CUSTOMER
                   PARTNER                                       CUSTOMER
                   NETWORK                                     RELATIONSHIPS
   CORE                                    VALUE                                      CUSTOMER
CAPABILITIES                            PROPOSITION                                   SEGMENTS
                    ACTIVITY                                     DISTRIBUTION
                 CONFIGURATION                                    CHANNELS



                     COST                   FINANCE                REVENUE
                  STRUCTURE                                        STREAMS




                  a business model describes the value an organization offers to
                    various customers and portrays the capabilities and partners
                   required for creating, marketing, and delivering this value and
                    relationship capital with the goal of generating profitable and
                                    sustainable revenue streams
Basic Strategy
INFRASTRUCTURE                      OFFER                      CUSTOMER
                   PARTNER                       CUSTOMER
                   NETWORK                     RELATIONSHIPS
   CORE                             VALUE                      CUSTOMER
CAPABILITIES                     PROPOSITION                   SEGMENTS
                    ACTIVITY                   DISTRIBUTION
                 CONFIGURATION                  CHANNELS



                     COST          finance       REVENUE
                  STRUCTURE                      STREAMS
Business Plan
• A business plan is a formal statement of a set of
  business goals, the reasons why they are
  believed attainable, and the plan for reaching
  those goals. It may also contain background
  information about the organization or team
  attempting to reach those goals.
• A written document describing the nature of the
  business, the sales and marketing strategy, and
  the financial background, and containing a
  projected profit and loss statement
Reasons for Writing a Plan

      • To serve as the guide you will
        follow throughout the life of your
        business

      • All lenders and investors require
        a business plan

      • A business plan is the key to
        conducting business in the
        international marketplace
Why a good business plan is
        essential
• Your business plan is a plan for the future. It's
  about both where your company currently is
  and where you want it to go. It will be used to
  convince others such as banks and potential
  investors about the strengths of your company
  and its ability to grow and thrive. Your
  business plan reflects how much you know
  about what you do. As well as your industry,
  and your competition and their products or
  services offered.
The Business Planning Process


Start business planning literally when starting to think
about a new venture.

Start organizing information.

Focus on critical aspects of the business model and map to
the typical format.

Keep in mind that the business plan is a “living
document”.


                 Bygrave & Zacharakis, 2007. Entrepreneurship,
                             New York: Wiley. ©
The Business Planning Process
                                   The Story Model

How will stakeholders interpret your plan?

A tagline creates a unifying plot line that organizes your
thinking

Keep your plan as close to “general format” as possible.



                Bygrave & Zacharakis, 2007. Entrepreneurship,
                            New York: Wiley. ©
Business plan structure
Cover page
• Table of Contents    •   Development Plan
• Executive summary    •   Team
• Market Analysis      •   Critical Risks
• Business structure   •   Offerings
• Marketing & Sales    •   The Financial Plans
• Operation Plans      •   Attachments
The Business Planning Process
                The Business Plan/Executive Summary
   Write Executive Summary after working through
   all the other sections;

   Hook the reader;

   Provide compelling information on the following:
   - Description of Opportunity
   - Business Concept
   - Industry Overview
   - Target Market
   - Competitive Advantage
   - Business Model and Economics
   - Team and Offering
                 Bygrave & Zacharakis, 2007. Entrepreneurship,
                             New York: Wiley. ©
The Business Planning Process
                    The Business Plan/Main Parts
                                      Company
                Industry &            &Product
                Competitor           Description
        ix




                                                         Marketing Plan
     nd




                  Analysis
   pe
 Ap




                                     Executive
        Financial Plan               Summary                       Operations



               Critical Risks
                                                        Development Plan

                                        Team

                   Bygrave & Zacharakis, 2007. Entrepreneurship,
                               New York: Wiley. ©
The Business Planning Process
                        Types of Plans


Operational Plan for internal use. 80+ pages long.

Formal plan for external use. 25 to 40 pages long.

An expanded executive summary for enticing interested
stakeholders. 7 to 10 pages long.



                Bygrave & Zacharakis, 2007. Entrepreneurship,
                            New York: Wiley. ©
The Business Planning Process
                          Conclusion


 The process allows the entrepreneur to better
 anticipate instead of react.

 Entrepreneurs can get feedback from experts,
 including investors, vendors and customers.



              Bygrave & Zacharakis, 2007. Entrepreneurship,
                          New York: Wiley. ©

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Session04 pt

  • 1. Session 04 The Business Planning Bygrave & Zacharakis, 2007. Entrepreneurship, New York: Wiley. ©
  • 2. Sudahkah anda lakukan? • Tugas Pribadi – session summary • Tugas Kelompok – business ideas – Ide individu – Brainstorming – Ide kelompok – idea multiplication Bygrave & Zacharakis, 2007. Entrepreneurship, New York: Wiley. ©
  • 3. GROWTH IMPLEMENTATION TRIGGERING EVENT INNOVATION Bygrave & Zacharakis, 2007. Entrepreneurship, New York: Wiley. ©
  • 4. Business model INFRASTRUCTURE OFFER CUSTOMER PARTNER CUSTOMER NETWORK RELATIONSHIPS CORE VALUE CUSTOMER CAPABILITIES PROPOSITION SEGMENTS ACTIVITY DISTRIBUTION CONFIGURATION CHANNELS COST FINANCE REVENUE STRUCTURE STREAMS a business model describes the value an organization offers to various customers and portrays the capabilities and partners required for creating, marketing, and delivering this value and relationship capital with the goal of generating profitable and sustainable revenue streams
  • 5. Basic Strategy INFRASTRUCTURE OFFER CUSTOMER PARTNER CUSTOMER NETWORK RELATIONSHIPS CORE VALUE CUSTOMER CAPABILITIES PROPOSITION SEGMENTS ACTIVITY DISTRIBUTION CONFIGURATION CHANNELS COST finance REVENUE STRUCTURE STREAMS
  • 6. Business Plan • A business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals. • A written document describing the nature of the business, the sales and marketing strategy, and the financial background, and containing a projected profit and loss statement
  • 7. Reasons for Writing a Plan • To serve as the guide you will follow throughout the life of your business • All lenders and investors require a business plan • A business plan is the key to conducting business in the international marketplace
  • 8. Why a good business plan is essential • Your business plan is a plan for the future. It's about both where your company currently is and where you want it to go. It will be used to convince others such as banks and potential investors about the strengths of your company and its ability to grow and thrive. Your business plan reflects how much you know about what you do. As well as your industry, and your competition and their products or services offered.
  • 9. The Business Planning Process Start business planning literally when starting to think about a new venture. Start organizing information. Focus on critical aspects of the business model and map to the typical format. Keep in mind that the business plan is a “living document”. Bygrave & Zacharakis, 2007. Entrepreneurship, New York: Wiley. ©
  • 10. The Business Planning Process The Story Model How will stakeholders interpret your plan? A tagline creates a unifying plot line that organizes your thinking Keep your plan as close to “general format” as possible. Bygrave & Zacharakis, 2007. Entrepreneurship, New York: Wiley. ©
  • 11. Business plan structure Cover page • Table of Contents • Development Plan • Executive summary • Team • Market Analysis • Critical Risks • Business structure • Offerings • Marketing & Sales • The Financial Plans • Operation Plans • Attachments
  • 12. The Business Planning Process The Business Plan/Executive Summary Write Executive Summary after working through all the other sections; Hook the reader; Provide compelling information on the following: - Description of Opportunity - Business Concept - Industry Overview - Target Market - Competitive Advantage - Business Model and Economics - Team and Offering Bygrave & Zacharakis, 2007. Entrepreneurship, New York: Wiley. ©
  • 13. The Business Planning Process The Business Plan/Main Parts Company Industry & &Product Competitor Description ix Marketing Plan nd Analysis pe Ap Executive Financial Plan Summary Operations Critical Risks Development Plan Team Bygrave & Zacharakis, 2007. Entrepreneurship, New York: Wiley. ©
  • 14. The Business Planning Process Types of Plans Operational Plan for internal use. 80+ pages long. Formal plan for external use. 25 to 40 pages long. An expanded executive summary for enticing interested stakeholders. 7 to 10 pages long. Bygrave & Zacharakis, 2007. Entrepreneurship, New York: Wiley. ©
  • 15. The Business Planning Process Conclusion The process allows the entrepreneur to better anticipate instead of react. Entrepreneurs can get feedback from experts, including investors, vendors and customers. Bygrave & Zacharakis, 2007. Entrepreneurship, New York: Wiley. ©