Business Plan

• Business Plan

  • Entrepreneur's must have
  • Guide for the process, to organize
• Components of a Business Plan

  1. Introduction
  2. Executive Summary
  3. Management Section
  4. Marketing Section
  5. Financial Section
  6. Production Section
  7. Competitive Analysis
  8. Market
  9. Organizational Chart
• Introduction

  • What business plan is all about
  • Contains the logo
• Executive Summary

  • First to be oresented, last to be made
  • Highlights of business
  • Must include mission and vision
• Management Section

  • Shows how you will manage the business and the people you need to help with operation
• Marketing Section

  • Designs of your product/service (4P's)
  • Pricing
  • Where you will sell
  • How you will introduce your product to the market
  • Product description
• Financial Section

  • Money needed for the business
  • How much you will take in and how much you will pay out
• Production Section

  • Shows the area, equipment, and materials needed for the business
• Competitive Analysis

  • strategy where you identify major competitors and research their products, sales, and marketing strategy
• Market

  • person who will buy the product or services
  • target audiences
• Organizational Chart

  • diagram showing relation of one official to another, or others of a company