... light and
are evaluated and pitfalls are identified. With its clear analysis of the situation, the
business plan becomes an invaluable tool for overcoming problems and contributes
substantially to ... considered and analyzed systematically, in a logical order.
A detailed outline should be made as soon as the first ideas are laid down. It is smart
to do your planning along the lines ofabusiness plan, ... faces is from two directions. Against traditional
channels such as newspapers and the Yellow Pages, CS has major advantages
thanks to the interactive and multimedia capabilities of the WWW. Against
companies...
... wants to
open a dress shop, and she has allowed me to use her plans and thought processes as an example
of a complete and well-prepared businessplan for a retail store. You’ll find parts of her ... have a lot of interviewing to do. I can average five to eight per day, and it
will take me about 60 days of interviewing to build a base of qualified people. I anticipate three
months of fairly ... challenging part is to make your profit
estimate SWAGs as realistic as possible and then make them come true.
The best way to make a SWAG about your business profitability is to do a...
... incorrect: Jason Wallach is a friend anda CPA in Santa
Rosa; his input was very helpful. Harry Keller of the Santa Rosa SBA office was kind enough to
explain several intricacies of that system to me.
...
What Kind ofPlan Do You Need?
You can use HowtoWriteaBusinessPlantowrite whatever type ofplan best suits your needs:
ãComplete business plan. By writing this type of plan, ... have a lot of interviewing to do. I can average five to eight per day, and it
will take me about 60 days of interviewing to build a base of qualified people. I anticipate three
months of fairly...
... wants to open a dress shop,
and she has allowed me to use her plans
and thought processes as an example of
a complete and well-prepared business
plan for a retail store. You’ll find parts of ... be to find another part of the
10
|
HOWTOWRITEABUSINESSPLAN
A written businessplan gives you a clear
course toward the future and makes your
decision making easier. Some problems
and ... clothing business, to keep half -a-
step ahead
5
. Howto sell
6. Howto manage inventory
7. Howto judge people
Your Likes and Dislikes
Take a few minutes and make a list of the
things you really...
... controller and
nancial advisor to an online retail business. You can contact him at
mckeever.mp@gmail.com.
32 | HOWTOWRITEABUSINESS PLAN
such as your anticipated location and target
customers, ... make financial projections,
and have done the necessary research,
you may be able to create aplan in
one day. But understand that a quick
plan is a stripped-down version of
a business plan. ... “raising plenty ofcapitalto ensure
22 | HOWTOWRITEABUSINESS PLAN
QUICK PLAN
If you’ve chosen the quick plan
method to prepare abusinessplan (see Intro-
duction), you need to read and complete...
... STYLES
BALANCED SCORECARD
This approach is an attempt to blend together quantitative
numerical analysis with qualitative analysis of other elements
that are important to organisations, such as:
● ...
ratio, return on assets, return on capital, profit
● Long-term survival - looking to the future
and innovating to create extra value
It is a measure that will drive the shape of
all plans, as ... there
- What you have
- What is missing
37
PLANNING PROCESS
1: SITUATION ANALYSIS
This is the analysis of your own particular organisation or unit and would include:
● A historical analysis of your...
... overall business plan, such as a new business proposal to the financial
community.
There are many ways to develop and format a marketing plan . The approach taken here is to present a
6-Part plan ...
Much of this information can be handled within a graphical format, such as tables and graphs, though a
paragraph explanation of each is generally required. Make sure to include total dollar (or ...
Other Areas
Preferably this section includes a brief summaryof current marketing decisions (see Situational
Analysis) so readers of the plan can easily compare what was planned to what is planned....
... is a
32 Howto prepare abusiness plan
Writing abusinessplan
Business plans are required whenever money is to be raised, whether
from a bank, a finance house, or a provider of equity capital.
To ... Budget Actual Budget Actual Budget Actual
Cash sales
Cash from debtors
Capital introduced
Total receipts (a)
Payments
Payments to creditors
Salaries/Wages
Rent/Rates/Water
Insurance
Repairs/Renewals
Heat/Light/Power
Postage
Printing/Stationery
Transport/Motor ... repayment claims).
You are probably taking advantage of the Finance Act of 1987 and
paying VAT on a cash basis. VAT is usually paid quarterly, the month
after the end of the quarter. For example,...
... Other Areas
Preferably this section includes a brief summaryof current marketing decisions (see Situational
Analysis) so readers of the plan can easily compare what was planned to what is planned. ... financial
community.
There are many ways to develop and format a marketing plan . The approach taken here is to present a
6-Part plan that includes:
1. Part 1: Purpose and Mission
2. Part ... threats
Part 2: Situational Analysis
5. Financial Analysis for Product or Product Line
Much of this information can be handled within a graphical format, such as tables and graphs, though a...
... than the appearance.
In many cases, a reasonably neat diagram can be drawn by hand faster than with
a graphics package, and you can scan it if you want an electronic version. Either
is usually ...
reliable and more awkward to use as they acquire more features. This is a
general feature of commercial software and an important input to the computing
industry. If software and operating ... information and arguments as a series of
numbered points, rather than as one or more long and awkward paragraphs. A
list of points is usually easier to write. You should be careful not to use...
... self-delusory approach to corporate image brochures are plain to see:
high costs and low value.
But it doesn't have to be this way. Some years ago, I was commissioned towritea
corporate image ... for a pharmaceutical company. When it was printed, not only did
people read it, they actually called the company to request additional copies to give to
friends, clients, and professional colleagues. ... can assume that "everyone will want to read what I
am going to write& quot;. This is the "creative writing attitude".
The purpose of expository writing is usually to inform and...