Writing a business plan (update 20170328)
Executive Summary
Business Profile
Products and Services
Market Research
Market Strategies
Organization
Operation
Finances
2. Community Flagship of:
Why write a business plan
Importance of a Business Plan
Process of Writing a Business plan
Finding a Business Idea
Contents of a Business Plan
Tips & Tricks
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3. Community Flagship of:
Own use to start a business
Bank Loan
Investors
Grant Application
Incubation
Starting a cooperative
Managing and Running a Business
School Assignment or Project
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4. Community Flagship of:
“If you fail to plan, you plan to fail”
Gives a very good idea how the business runs
from management, operations to financial
Research and Planning will reduce failures
and prepares for contingencies.
To explain to others (banks, investors,
partners, employees) of how you expect the
business to work
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9. Community Flagship of:
Executive Summary
Business Profile
Products and Service
Market Research
Market Strategy
Operations
Human Resource Management
Financial Strategy
Exit Strategy
Appendices
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10. Community Flagship of:
Often Written Last, Shown First.
Make it interesting for the reader.
Make the reader want to read more.
Make it simple point form for every section,
or a simple abstract summary.
1 page Maximum.
E.g. 30 second Movie Preview
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11. Community Flagship of:
Introduce the business
Legal Structure of Business
◦ Sole Proprietor, Partnership, Sendirian Berhad,
Koperasi
Nature of business
◦ Food, Service, Manufacturing, IT,
Mission and Objectives
Startup Cost
Milestones/Achievements
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12. Community Flagship of:
What is it?
Who are you going to sell it to?
What problem is it solving?
How much will it cost them?
What makes it unique?
Intellectual Property Involved?
Sales Forecast
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13. Community Flagship of:
Customers – Who are you going to sell to?
Competitors – Who are your competition?
What are the Competitive Forces that affects
you? (Supplier, Buyer, existing competitors,
New entrants, substitute products)
Political, Economic, Social, Technological
(PEST) – Factors for Success
SWOT Analysis (Strengths, Weaknesses,
Opportunities, Threats) -
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14. Community Flagship of:
How are you going to tell your customers that
you are there?
4 P’s
◦ Product
◦ Price
◦ Place and Distribution
◦ Promotion
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15. Community Flagship of:
Print
•Business Cards
•Leaflets & Posters
•Letters and Mail
•Merchandise
Mass
Media
•Billboards
•Newspaper
•TV
•Radio
Electronic
•E-mail
•Social networks
•Websites
•Media sharing
networks
Personal
•Word of mouth
•Referrals
•Direct Selling
•Exhibition
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16. Community Flagship of:
Who are involved?
Organization Chart
Personnel Roles and
Responsibilities
Personnel
Qualifications
Key
Roles/Management
Payroll Cost
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Manager
Worker 1 Worker 2
Assistant
Worker 3
Admin
17. Community Flagship of:
How is the business going to run?
How is the business making money?
Location and Working hours
Product Life Cycle - e.g. Agricultural vs
Retail
Production Process
Customer Service Process
Technology/equipment Involved
Sales Forecast in relation to Operations or
Season (can also be in product section)
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Input Process Output
19. Community Flagship of:
What are you going to do with the business
in the long-term:
◦ Expand
◦ Sell
◦ Handover to family member
◦ Go Public
◦ Get Merged or Acquired
or if anything goes wrong.
◦ If Bankrupt or unsuccessful what will you do?
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20. Community Flagship of:
Marketing Materials
◦ Research Materials and Results
◦ Sample of Advertisements
◦ Survey
◦ Results
Full Financial Tables
◦ 2-5 years
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22. Community Flagship of:
Executive Summary – so the reader wants to read
the rest of the plan
Market Research – to show your products have
buyers
Market Strategy – to show how you can reach
your buyers
Operations – to explain how your business is
going to work
Human Resource – the people behind the
business
Finances (Start-up and Cashflow) so you know
how much you need and how much you expect in
return
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23. Community Flagship of:
Clear
Concise
Organized
Well Laid Out
Natural
Positive
Well interpreted
facts
Do not jump to
conclusions
Show Sources
Proofread
Make it Perfect
Well written
executive summary
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24. Community Flagship of:
Executive Summary - Too short, Too long,
Too boring
Products - No details on pricing, no pictures
of products/service
Market Research – None or too little sample
study done.
Market Strategy – No schedule or budget
Operations – no process flow
Financials – Too optimistic, or not included
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25. Community Flagship of:
Organizations
◦ LiveWIRE Brunei (Library and Courses)
◦ DARE/i-Centre
Books
◦ E-myth
◦ Writing a business plan for idiots/dummies
Internet
◦ Search for how to write a business plan
◦ Search for business plan samples
◦ Howstuffworks.com, entrepreneur.com, bplans.com
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