Enviar pesquisa
Carregar
BAEB510 Chapter 5: Business Plan
•
Transferir como PPT, PDF
•
5 gostaram
•
4,392 visualizações
Dr Nur Suhaili Ramli
Seguir
Negócios
Economia e finanças
Denunciar
Compartilhar
Denunciar
Compartilhar
1 de 31
Baixar agora
Recomendados
Chapter 4 writing a business plan(entrepreneurship)
Chapter 4 writing a business plan(entrepreneurship)
Afzaal Ali
Business plan
Business plan
Rachelle Anne Viesta
Feasibility study
Feasibility study
Sowie Althea
Industry and environmental analysis: business opportunity identification
Industry and environmental analysis: business opportunity identification
dorotheemabasa
Reaction paper in the movie jose rizal
Reaction paper in the movie jose rizal
Ariel Genene
Entrep2 pp
Entrep2 pp
Nenzkie Mojares
Lesson 4 Detailed outline of a business plan
Lesson 4 Detailed outline of a business plan
Johemie Lopez Quinones
BUSINESS PLAN
BUSINESS PLAN
nhelvillar
Recomendados
Chapter 4 writing a business plan(entrepreneurship)
Chapter 4 writing a business plan(entrepreneurship)
Afzaal Ali
Business plan
Business plan
Rachelle Anne Viesta
Feasibility study
Feasibility study
Sowie Althea
Industry and environmental analysis: business opportunity identification
Industry and environmental analysis: business opportunity identification
dorotheemabasa
Reaction paper in the movie jose rizal
Reaction paper in the movie jose rizal
Ariel Genene
Entrep2 pp
Entrep2 pp
Nenzkie Mojares
Lesson 4 Detailed outline of a business plan
Lesson 4 Detailed outline of a business plan
Johemie Lopez Quinones
BUSINESS PLAN
BUSINESS PLAN
nhelvillar
CHAPTER 1 ENTREPRENEURSHIP
CHAPTER 1 ENTREPRENEURSHIP
lexsinmadrigal
Business opportunity ideation innovation and creativity
Business opportunity ideation innovation and creativity
JulieannRemoroza
Entrepreneurship Lesson 1 Introduction to Entrepreneurship Pinoy Style
Entrepreneurship Lesson 1 Introduction to Entrepreneurship Pinoy Style
Wilfred Dexter Tanedo
BUSINESS PROPONENTS
BUSINESS PROPONENTS
miramar serrion
Pre spanish period in the philippines
Pre spanish period in the philippines
Kate Sevilla
Chapter 1 The nature and concept of management
Chapter 1 The nature and concept of management
Department of Education
Law on obligations and contracts
Law on obligations and contracts
Denni Domingo
The nano world
The nano world
Polytechnic University of the Philippines
Business plan (2)
Business plan (2)
Syed Zaid Irshad
What is Management Essay
What is Management Essay
Darshan Ambhaikar
Business Plan and Marketing Plan
Business Plan and Marketing Plan
John Lenon Mendoza
Business-Proposal-Banana-Chips
Business-Proposal-Banana-Chips
Zeeshan Shabbir
Suggested business plan format
Suggested business plan format
Loewen Kho
Philippine Culture
Philippine Culture
nicoledarlyn
Feasibility Study (Veggie Bread)
Feasibility Study (Veggie Bread)
Bryan Agustin Oculam
Social System of Pre-Colonial Period in the Philippines
Social System of Pre-Colonial Period in the Philippines
Anne Valino
Bionote
Bionote
Ria Alajar
Entrepreneurship K12 applied track
Entrepreneurship K12 applied track
Lunyl
entrep chapter 2.pptx
entrep chapter 2.pptx
MarkBautista53
Sample Marketing Plan
Sample Marketing Plan
Lee Rendleman
12.pptx
12.pptx
Ashprvt
The business Brains
The business Brains
Eddie Martin
Mais conteúdo relacionado
Mais procurados
CHAPTER 1 ENTREPRENEURSHIP
CHAPTER 1 ENTREPRENEURSHIP
lexsinmadrigal
Business opportunity ideation innovation and creativity
Business opportunity ideation innovation and creativity
JulieannRemoroza
Entrepreneurship Lesson 1 Introduction to Entrepreneurship Pinoy Style
Entrepreneurship Lesson 1 Introduction to Entrepreneurship Pinoy Style
Wilfred Dexter Tanedo
BUSINESS PROPONENTS
BUSINESS PROPONENTS
miramar serrion
Pre spanish period in the philippines
Pre spanish period in the philippines
Kate Sevilla
Chapter 1 The nature and concept of management
Chapter 1 The nature and concept of management
Department of Education
Law on obligations and contracts
Law on obligations and contracts
Denni Domingo
The nano world
The nano world
Polytechnic University of the Philippines
Business plan (2)
Business plan (2)
Syed Zaid Irshad
What is Management Essay
What is Management Essay
Darshan Ambhaikar
Business Plan and Marketing Plan
Business Plan and Marketing Plan
John Lenon Mendoza
Business-Proposal-Banana-Chips
Business-Proposal-Banana-Chips
Zeeshan Shabbir
Suggested business plan format
Suggested business plan format
Loewen Kho
Philippine Culture
Philippine Culture
nicoledarlyn
Feasibility Study (Veggie Bread)
Feasibility Study (Veggie Bread)
Bryan Agustin Oculam
Social System of Pre-Colonial Period in the Philippines
Social System of Pre-Colonial Period in the Philippines
Anne Valino
Bionote
Bionote
Ria Alajar
Entrepreneurship K12 applied track
Entrepreneurship K12 applied track
Lunyl
entrep chapter 2.pptx
entrep chapter 2.pptx
MarkBautista53
Sample Marketing Plan
Sample Marketing Plan
Lee Rendleman
Mais procurados
(20)
CHAPTER 1 ENTREPRENEURSHIP
CHAPTER 1 ENTREPRENEURSHIP
Business opportunity ideation innovation and creativity
Business opportunity ideation innovation and creativity
Entrepreneurship Lesson 1 Introduction to Entrepreneurship Pinoy Style
Entrepreneurship Lesson 1 Introduction to Entrepreneurship Pinoy Style
BUSINESS PROPONENTS
BUSINESS PROPONENTS
Pre spanish period in the philippines
Pre spanish period in the philippines
Chapter 1 The nature and concept of management
Chapter 1 The nature and concept of management
Law on obligations and contracts
Law on obligations and contracts
The nano world
The nano world
Business plan (2)
Business plan (2)
What is Management Essay
What is Management Essay
Business Plan and Marketing Plan
Business Plan and Marketing Plan
Business-Proposal-Banana-Chips
Business-Proposal-Banana-Chips
Suggested business plan format
Suggested business plan format
Philippine Culture
Philippine Culture
Feasibility Study (Veggie Bread)
Feasibility Study (Veggie Bread)
Social System of Pre-Colonial Period in the Philippines
Social System of Pre-Colonial Period in the Philippines
Bionote
Bionote
Entrepreneurship K12 applied track
Entrepreneurship K12 applied track
entrep chapter 2.pptx
entrep chapter 2.pptx
Sample Marketing Plan
Sample Marketing Plan
Semelhante a BAEB510 Chapter 5: Business Plan
12.pptx
12.pptx
Ashprvt
The business Brains
The business Brains
Eddie Martin
Business brains
Business brains
nelum5
TheBusinessBrains-2490t.pdf
TheBusinessBrains-2490t.pdf
chemonk12
Module 15
Module 15
Office of the Chief Job Creation Officer
Investment proposal
Investment proposal
Lama K Banna
Entrepreneurship Skills
Entrepreneurship Skills
Muhammad_Siddiq
Business planning basics for hm educators pwp
Business planning basics for hm educators pwp
aadamsholistic
BUSINESS PLANNING IN CO-OPERATIVES
BUSINESS PLANNING IN CO-OPERATIVES
Co-operatives
How to Make a Buisness Plan
How to Make a Buisness Plan
Your Retail Coach
Business Plan idea about entrepreneurship.pptx
Business Plan idea about entrepreneurship.pptx
abubakrrasheed939
What is a business plan
What is a business plan
JeronicaLogan
Business plan essentials
Business plan essentials
Shankaran Rd
Innovation And Business Plan
Innovation And Business Plan
itsvineeth209
Business plan overview for startups
Business plan overview for startups
Angela Ihunweze
Business plan
Business plan
Student
Module 4
Module 4
Office of the Chief Job Creation Officer
Business Planning
Business Planning
Sandeep Kashyap
12.ppt
12.ppt
ArielTupaz
12.ppt
12.ppt
xxxxx600286
Semelhante a BAEB510 Chapter 5: Business Plan
(20)
12.pptx
12.pptx
The business Brains
The business Brains
Business brains
Business brains
TheBusinessBrains-2490t.pdf
TheBusinessBrains-2490t.pdf
Module 15
Module 15
Investment proposal
Investment proposal
Entrepreneurship Skills
Entrepreneurship Skills
Business planning basics for hm educators pwp
Business planning basics for hm educators pwp
BUSINESS PLANNING IN CO-OPERATIVES
BUSINESS PLANNING IN CO-OPERATIVES
How to Make a Buisness Plan
How to Make a Buisness Plan
Business Plan idea about entrepreneurship.pptx
Business Plan idea about entrepreneurship.pptx
What is a business plan
What is a business plan
Business plan essentials
Business plan essentials
Innovation And Business Plan
Innovation And Business Plan
Business plan overview for startups
Business plan overview for startups
Business plan
Business plan
Module 4
Module 4
Business Planning
Business Planning
12.ppt
12.ppt
12.ppt
12.ppt
Mais de Dr Nur Suhaili Ramli
Ringkasan dan isi penting 30 juzuk Al-Quran
Ringkasan dan isi penting 30 juzuk Al-Quran
Dr Nur Suhaili Ramli
Global Strategies for Malaysian Music
Global Strategies for Malaysian Music
Dr Nur Suhaili Ramli
Multiple case study research - Easy flowchart
Multiple case study research - Easy flowchart
Dr Nur Suhaili Ramli
Single case study research - Easy Flowchart
Single case study research - Easy Flowchart
Dr Nur Suhaili Ramli
Qualitative research
Qualitative research
Dr Nur Suhaili Ramli
Business History: A History of Danone
Business History: A History of Danone
Dr Nur Suhaili Ramli
Business History: A History of Heinz
Business History: A History of Heinz
Dr Nur Suhaili Ramli
Business History: The Brand in History
Business History: The Brand in History
Dr Nur Suhaili Ramli
Islamic Entrepreneurship: Islamic Economy System
Islamic Entrepreneurship: Islamic Economy System
Dr Nur Suhaili Ramli
Islamic Entrepreneurship: Business Ethics
Islamic Entrepreneurship: Business Ethics
Dr Nur Suhaili Ramli
Business History: Global brands
Business History: Global brands
Dr Nur Suhaili Ramli
Business History: Immigrant Entrepreneurs Vs World Successful Brands
Business History: Immigrant Entrepreneurs Vs World Successful Brands
Dr Nur Suhaili Ramli
Business History: Immigrant entrepreneurs on world successful brands
Business History: Immigrant entrepreneurs on world successful brands
Dr Nur Suhaili Ramli
Business History: The importance of business history
Business History: The importance of business history
Dr Nur Suhaili Ramli
Business History: Influencing Factors
Business History: Influencing Factors
Dr Nur Suhaili Ramli
Business History: Defining Concepts on Immigrant Entrepreneurship
Business History: Defining Concepts on Immigrant Entrepreneurship
Dr Nur Suhaili Ramli
Islamic Entrepreneurship
Islamic Entrepreneurship
Dr Nur Suhaili Ramli
Asian Entrepreneurship
Asian Entrepreneurship
Dr Nur Suhaili Ramli
Foundation of Research Writing
Foundation of Research Writing
Dr Nur Suhaili Ramli
BAEB601 Chapter 4 : Findings, Analysis and SPSS
BAEB601 Chapter 4 : Findings, Analysis and SPSS
Dr Nur Suhaili Ramli
Mais de Dr Nur Suhaili Ramli
(20)
Ringkasan dan isi penting 30 juzuk Al-Quran
Ringkasan dan isi penting 30 juzuk Al-Quran
Global Strategies for Malaysian Music
Global Strategies for Malaysian Music
Multiple case study research - Easy flowchart
Multiple case study research - Easy flowchart
Single case study research - Easy Flowchart
Single case study research - Easy Flowchart
Qualitative research
Qualitative research
Business History: A History of Danone
Business History: A History of Danone
Business History: A History of Heinz
Business History: A History of Heinz
Business History: The Brand in History
Business History: The Brand in History
Islamic Entrepreneurship: Islamic Economy System
Islamic Entrepreneurship: Islamic Economy System
Islamic Entrepreneurship: Business Ethics
Islamic Entrepreneurship: Business Ethics
Business History: Global brands
Business History: Global brands
Business History: Immigrant Entrepreneurs Vs World Successful Brands
Business History: Immigrant Entrepreneurs Vs World Successful Brands
Business History: Immigrant entrepreneurs on world successful brands
Business History: Immigrant entrepreneurs on world successful brands
Business History: The importance of business history
Business History: The importance of business history
Business History: Influencing Factors
Business History: Influencing Factors
Business History: Defining Concepts on Immigrant Entrepreneurship
Business History: Defining Concepts on Immigrant Entrepreneurship
Islamic Entrepreneurship
Islamic Entrepreneurship
Asian Entrepreneurship
Asian Entrepreneurship
Foundation of Research Writing
Foundation of Research Writing
BAEB601 Chapter 4 : Findings, Analysis and SPSS
BAEB601 Chapter 4 : Findings, Analysis and SPSS
Último
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
NadhimTaha
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdf
will854175
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
believeminhh
Mckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for Viewing
Nauman Safdar
Cracking the 'Career Pathing' Slideshare
Cracking the 'Career Pathing' Slideshare
Workforce Group
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
Abortion pills in Kuwait Cytotec pills in Kuwait
Falcon Invoice Discounting: Tailored Financial Wings
Falcon Invoice Discounting: Tailored Financial Wings
Falcon Invoice Discounting
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
PanhandleOilandGas
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon investment
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Tim Wilson
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
Cynthia Clay
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
pr788182
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
ZurliaSoop
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
panmisemningshen123
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Abortion pills in Kuwait Cytotec pills in Kuwait
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting
Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business Potential
Falcon investment
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Admir Softic
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Falcon Invoice Discounting
Phases of Negotiation .pptx
Phases of Negotiation .pptx
nandhinijagan9867
Último
(20)
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
Mckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for Viewing
Cracking the 'Career Pathing' Slideshare
Cracking the 'Career Pathing' Slideshare
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
Falcon Invoice Discounting: Tailored Financial Wings
Falcon Invoice Discounting: Tailored Financial Wings
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business Growth
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business Potential
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Phases of Negotiation .pptx
Phases of Negotiation .pptx
BAEB510 Chapter 5: Business Plan
1.
BAEB501 : ENTREPRENEURSHIP CHAPTER
5: Business Plan © 2010 Cosmopoint
2.
Chapter 5: Business
Plan Topic Outlines 5.1. Introduction 5.2 Purposes of preparing a Business Plan 5.3 Business Plan helps 5.4 Who should read your business plan? 5.5 5C’s of Credit – Additional information 5.6 Business Plan Format 5.7 Business Plan 5.8 The Executive Summary 5.9 State your Mission Statement 5.10 Describe your product/service 5.11 Analyze the competition 5.12 Describe your pricing strategies 5.13 Example: Describe any special pricing strategies 5.14 Describe your credit policy 5.15 Describe your competitive advantage 5.16 Describe the market segmentation 5.17 Describe your location 5.18 Common Location Mistakes 5.19 Describe your promotion plan © 2010 Cosmopoint Slide 2 of [11]
3.
Chapter 5: Business
Plan Learning Outcomes After completing this chapter, student should be able to: Explain the business plan Understand the elements in business plan Develop your own business plan © 2010 Cosmopoint Slide 3 of [11] Topics
4.
Chapter 5: Business
Plan 5.1 Introduction What is a business plan? It is a written document that serves as a blueprint and guide for a proposed business project that one intends to undertake. A comprehensive document that helps the entrepreneur analyze the market and plan the business strategy © 2010 Cosmopoint Slide 4 of [11] Topics
5.
Chapter 5: Business
Plan 5.1 Introduction What does business plan contains of? The business plan contains of: Proposed business venture Its operational and financial details Marketing opportunities and strategies Manager skills and abilities © 2010 Cosmopoint Slide 5 of [11] Topics
6.
Chapter 5: Business
Plan 5.1 Introduction Why do we write a business plan? Because: Prepared by a start-up to avoid costly mistakes (e.g. in financial plan, marketing plan, right?) To ensure the future growth is properly managed © 2010 Cosmopoint Slide 6 of [11] Topics
7.
Chapter 5: Business
Plan 5.2 Purposes of preparing a Business Plan To allow the entrepreneur to view and evaluate the proposed business venture in an objective, critical and practical manner. To analyze and evaluate the viability of a proposed venture. To convince relevant parties of the investment potential of the project. As a guideline for managing the business. To allocate business resources effectively. © 2010 Cosmopoint Slide 7 of [11] Topics
8.
Chapter 5: Business
Plan 5.3 Business Plan helps Owner project where they are, where they want to be, and how they plan to get there. Clarify the goals of your business, the risk you take in starting it, and the possible rewards. Describes the product you wish to sell and how will you sell it. Banker an insight into your strategy and market Investors to decide if you and your ideas are worth their risk. Sales people and suppliers learn about your operations and goals. You to analyze and predict competitive and money market situations that help or hurt your business. Your learn to better manage your finances, marketing and management. © 2010 Cosmopoint Slide 8 of [11] Topics
9.
Chapter 5: Business
Plan 5.4 Who should read your business plan? Bankers – who grant loans for equipment and expansion. Investor – who can supply startup or growth capital. Business Brokers – who buy and sell businesses. Initial Stock Offering Consultants – who write prospectus to sell stock or partnership units. Suppliers of your inventory and materials (if they need to know who they are dealing with). Marketing managers – if you need outside talent to help you develop marketing and sales plan. Entrepreneur – to track whether he/she in the right path. © 2010 Cosmopoint Slide 9 of [11] Topics
10.
Chapter 5: Business
Plan 5.4 Who should read your business plan? Are you unique? You must have a unique product or process with high profit potential. Desirable to them if you can offer proprietary technology such as pattern, production process, trade secret, chemical formula Management Team’s Tract Record Must be experienced in different kind of business Will business continue if something happen to you © 2010 Cosmopoint Slide 10 of [11] Topics
11.
Chapter 5: Business
Plan 5.4 Who should read your business plan? A track record of profit for the past 3 years. Seldom consider people seeking startup capital unless have a substantial amount of collateral such as property. How the loan is used to improve an already efficient operation. How you will generate enough cash from your cash flow to repay your loan. Debt-to-Equity ratios of less than 3 to 1. This ratio compares what you owe to what you own. Anything less is a sign of risk, and bankers are not in business to take risks. Conservative financial projections that show reasonable growth with reasonable profits over 2 years (which is what venture capitalists want to see). Strong analysis of your market and competition. © 2010 Cosmopoint Slide 11 of [11] Topics
12.
Chapter 5: Business
Plan 5.5 5C’s of Credit – Additional information Capital – to have own money as a sign of commitment, stable capital base. Willing to lose, handle. Capacity – cash flow to show ability to repay loan. Money come in. Collateral – assets pledged as security for repayment of loan. Set when default to recover the loans. Character – intangible factors such as honesty, competence, intelligence, ability, etc. Conditions – potential growth in the market, competition, location, form of ownership, loan purpose, etc. © 2010 Cosmopoint Slide 12 of [11] Topics
13.
Chapter 5: Business
Plan 5.6 Business Plan Format Cover Letter - To write you purpose of writing business plan, formal format. Cover page Title of business plan Name of business/business address Name of writers Date of submission Table of contents List of topics, list of figures (if there’s any), paging Executive Summary © 2010 Cosmopoint Slide 13 of [11] Topics
14.
Chapter 5: Business
Plan 5.6 Business Plan Format Main Body of the Business Plan Introduction (briefly tell what is all about) Purpose (what you focus at) Company Background (all about your company) Owner/Partner background (formal biodata of owners) Location of the business (map, address, why choose) Administrative Plan (organizational chart, description) Marketing Plan (4p’s, marketing strategies, planning) Operation Plan (how the product/service produced) Financial Plan (describe capital, profit, lost, return) Conclusion (summary why writing business plan) © 2010 Cosmopoint Slide 14 of [11] Topics
15.
Chapter 5: Business
Plan 5.6 Business Plan Format Appendices Balance sheet/financial statement Supplier’s quotation Agreement letter Letter of references Research findings © 2010 Cosmopoint Slide 15 of [11] Topics
16.
Chapter 5: Business
Plan 5.7 Business Plan For more understanding what should be in the business plan, herewith I attach you the additional information on Business Plan description. Enjoy reading on next slide! © 2010 Cosmopoint Slide 16 of [11] Topics
17.
Chapter 5: Business
Plan 5.8 The Executive Summary It should best be summarized in 1 page (maximum 2 page only). The less the better. A brief description of the proposed business and the product/service it will provide. The most important trends in the industry. The type of advertising and promotion that will be implemented. Sales and Profits from the past 3 years (if the company is an existing business). Projected Sales and Profits for the next 3 years. The education and work experience of the owners and key personnel. Any other information that is critical in understanding how your business operates. © 2010 Cosmopoint Slide 17 of [11] Topics
18.
Chapter 5: Business
Plan 5.9 State your Mission Statement In writing a business plan, please state your mission. This is advisable to prepare good business plan. This can include: State the purpose of your business. Identify the products and/or service to be offered. Describe your management philosophy. © 2010 Cosmopoint Slide 18 of [11] Topics
19.
Chapter 5: Business
Plan 5.10 Describe your product/service To include information concerning any applicable data such as: Size, shape, colors Raw materials Weight, speed Packaging, texture, etc To include information concerning services such as: Personalized attention, custom ordering Guaranteed response time, trial orders Money-back guarantee, etc. © 2010 Cosmopoint Slide 19 of [11] Topics
20.
Chapter 5: Business
Plan 5.11 Analyze the competition Identify 3 of your main competitors by name. State the distance between you and each of the competitors. (e.g. how far? How long?) Describe their trading areas in comparison to yours. Identify the strengths and weaknesses of your competitors by using the following checklist. (Note: Not all information will be available on all competitors). © 2010 Cosmopoint Slide 20 of [11] Topics
21.
Chapter 5: Business
Plan 5.12 Describe your pricing strategies State your pricing objective, the goal to be achieved through pricing such as: A certain level of profit A specific market share To reach a certain sales volume Describe the typical markup in this industry and how your prices compare. © 2010 Cosmopoint Slide 21 of [11] Topics
22.
Chapter 5: Business
Plan 5.12 Describe your pricing strategies Identify your pricing policies and general pricing guidelines. Examples: Will you run seasonal sales? Will you try to match the competitors’ prices? Will you use coupons? Will you give employees discounts on merchandise purchased? © 2010 Cosmopoint Slide 22 of [11] Topics
23.
Chapter 5: Business
Plan 5.13 Example: Describe any special pricing strategies Introductory prices – Low prices used to gain entry into market Price Lining – Grouping inventory into categories and then setting the same price for all items in each category. Odd-ending – Prices set at odd numbers such as RM1.99, RM9.99, RM29.99, etc Loss-Leader – Selling one or a few items below cost in order to attract customers. All-One-Price-Setting every item equal to the same price. Bundling – Grouping items together and selling them for less than if each item were purchased separately. © 2010 Cosmopoint Slide 23 of [11] Topics
24.
Chapter 5: Business
Plan 5.14 Describe your credit policy Describe your credit terms to customers. Compare your credit terms to those of your competitors State whether you will accept checks, credit cards, etc. Segmentation – identify target market by separating the customer into groups of similar needs. © 2010 Cosmopoint Slide 24 of [11] Topics
25.
Chapter 5: Business
Plan 5.15 Describe your competitive advantage As much details as possible. Might include: - Quality, Price, Selection (variety of product) - Location, Service - Fast turnaround, etc Provide an explanation of how you will achieve your competitive advantage. (Try to combine several advantages, if possible) Example: -How will you have better quality? -What will make your service better? -Why is your location better? © 2010 Cosmopoint Slide 25 of [11] Topics
26.
Chapter 5: Business
Plan 5.16 Describe the market segmentation 1. Geographically – the geographic area you will serve. 2. Demographically – the age, sex, race, income, etc. of your target market. 3. Benefit – the benefits customers are buying such as status, security/safety, convenience, romance, sociability, entertainment, comfort, self indulgence, durability, etc. 4. Usage rate – the % of your customers that account for the largest portion of sales. 5. Psychographically – the values and lifestyle of your customers such as outgoing, introverted, scholarly, partygoers, athletic, family oriented, etc © 2010 Cosmopoint Slide 26 of [11] Topics
27.
Chapter 5: Business
Plan 5.17 Describe your location 1. Give the business address 3. State whether the property is correctly zoned or if rezoning is necessary - Residential, commercial, industrial, agricultural 4. Describe your trading area. 6. Provide the demographic data for your trading area giving age, sex, race, income, occupation, etc. 8. Give the average traffic count in front of the outlet. 10. Describe anything hindering accessibility such as medians, one- way streets, congested traffic, difficult entrance, etc. 12. Identify any factors helping accessibility such as multiple entrances, a location near major highways. © 2010 Cosmopoint Slide 27 of [11] Topics
28.
Chapter 5: Business
Plan 5.17 Describe your location 8. Identify the businesses adjacent to your site. State whether these businesses serve the same customers as your business and whether they have similar operating hours. 9. Research and describe the community’s sign laws. Describe any restrictions that would affect the sales of the business. © 2010 Cosmopoint Slide 28 of [11] Topics
29.
Chapter 5: Business
Plan 5.18 Common Location Mistakes Location Mistake 1: Choosing a location because it is close to home Location Mistake 2: Choosing a location because it is the cheapest Location Mistake 3: Choosing a location because it is the only one available © 2010 Cosmopoint Slide 29 of [11] Topics
30.
Chapter 5: Business
Plan 5.19 Describe your promotion plan List the type of promotion you will use Sales and direct marketing, advertising Publicity and public relations Sales promotion State your promotional goals. Might include: A specific sales volume A percent increase in awareness To inform customers of a sale To eliminate seasonal merchandise, etc. © 2010 Cosmopoint Slide 30 of [11] Topics
31.
Chapter 5: Business
Plan 5.19 Describe your promotion plan Provide information on your inside and or outside sales force, state whether you hire only experienced salespeople or if you hire inexperienced personnel and train them Describe the compensation packages for the sales force (Salary only, salary plus commission, etc) Describe how customer accounts are divided among the sales force – geographically, by industry, by company size, etc. Describe any direct mail, catalogs, or direct response ads that will be used. State the objectives of the promotions and the total annual cost. Identify company activities that can be used for publicity. Any plan to write for the local newspaper concerning the grand opening, expansion plans, new products that are developed, etc. or interesting enough to be featured on local radio or television stations © 2010 Cosmopoint Slide 31 of [11] Topics
Baixar agora