The Business Planning Guide
Taking The Confusion And Stress Out Of Business Planning
PLAN QUICK TIP
Remember, when completing your executive summary, stick to the facts, get to the point, and keep the fluff out!
Your summary shouldn’t be any longer than a page and a half long.
How To Easily Prepare a Professional Business Plan...That Gets RESULTS!
Do you feel a little confused because you don’t know what a professional business plan should look like? Do you want to write a business plan but simply have no clue where to start? Do you need help writing a business plan?
Supporting Documents In addition to the business plan, provide whatever supporting documents that your loans or economic development officer requires. You may some of these
Business Venture Feasibility: The Return on InvestmentQuestion: “Is it worthwhile?” Now that you have determined sales, costs, and profits, you are in a position to
Cash Flow Projection Cash Flow Projection Year 1 Year 2 Year 3 Cash receipts Cash sales Accounts receivable
The Cash Flow Budget vs The Income and Expense Statement There is a basic distinction between a monthly cash flow budget and the monthly income
Projected Income Statement Projected Income Statement Historical Year 1 Year 2 Year 3 Sales Cost of goods sold
Preparing the Income Statement The items contained in a typical projected income statement are listed below along with explanations on how to calculate the more
Operating and Working Capital Yes No Amount 1. Are there interest costs during construction? 2. Are there any estimated amount of
Share Purchases and Change of Ownership If the project involoves purchasing the shares or assets of an existing business, provide the following information: Note: Never,
Details of the Business Costs Land and Buildings 1. Location: 2. Approximate land size: 3. Building dimensions: 4. Age
Equipment If you plan to purchase equipment, provide the following information: 1. Fill in information for each of piece of equipment. Type of equipment
Year 1 Year 2 Year 3 Net Profit $4,454 $5,100 $12,141 Add: Depreciation $3,600 $3,600 $3,600 Cash From Operations $8,054 $8,700 $15,741 Financing Activities
Business Management Identify the key employees. 1.Who are the key employees? What are their titles or positions in the business? 2.
Marketing Strategy You have now identified your potential market, described your competition, and identified the factors that are important to your success. In light of
Compare Your Business to the Competition A number of factors that can affect your business success are explained below. On this page, compare your business
Market Analysis, Page 2 Determine your average customer sales per year Trade associations or industry publications are good sources of data for the information needed
Market Analysis To learn about potential customers you must conduct market research. Remember, you must know who your potential customers are and what type of
Products and Services Products and Services In this section you will identify up to seven categories of products and/or services that your business sells, answer
Business History and Organization 1. What form of business is it? Write or type what type of business it will be. • Sole Proprietorship •
I’m not going to lie to you. Trying to get a small business loan with bad credit can be difficult. Although it is not the
Here’s an example. If your total start up costs are $90,000, you will need to break this amount down into capital, marketing and business support
The quality of the people determines the success of your business. No matter how exciting the business concept is, without the right people in the
This part of the business plan will provide a detailed description of the products and/or services you plan to sell. It is important to be
3 Year Projected Balance SheetACT Technical Services Projected Opening Year 1 Year 2 Year 3 Assets Current assets
Projected 3 Year Cash Flow StatementACT Technical Services Year 1 Year 2 Year 3 Cash In Opening Cash Balance
3 Year Projected Income StatementACT Technical Services Year 1 Year 2 Year 3 Revenue Direct Training $77,393 $95,603 $120,186 Training Sub-Contract
Projected Costs Financing Capital & Operating $ Capital & Operating Amount % Brochure Design $6,500 Cash equity $7,415 10% Brochures
Projected Cash Flow Statement – ABC Cleaners Projected Cash Flow StatementABC Cleaners January February March April May June July August September October November December
Opening Year 1 Year 2 Year 3 ASSETS Current Assets Cash $20,100 $24,516 $29,197 $40,498 Accounts
Let me start off by saying that anyone can put together a great financial plan. There’s a misconception out there that the only people who
Entrepreneurs are a busy bunch. This is a fact and with good reason, starting a new business venture takes a lot of time and effort.
How to Make a Business Plan The easiest way to make a business plan is to follow an existing business plan sample, template or outline.
The Business Plan Guide Makes Planning Easy With Samples, and Step by Step Help. Do you feel a little confused because you don’t know what