Monday, September 27, 2004

Business plan template

If you're on the look-out for a simple business plan template then here are a few basic details for your plan :

EXECUTIVE SUMMARY

This is a summary of the rest of your plan and should be done last.

BUSINESS VISION
This is a summary of your overall vision of what you want your business to become at the end of the plan -
usually in 3 years time

ANALYSIS
Before you can think about where you want to take your business and the plans you want to develop you must
analyse your own situation and external environment first. No business can develop a way forward until they
know exactly where they are going to take their business from - ie: the starting point.

a) EXTERNAL ANALYSIS – current situation only
• The economy & business environment
• The Market Place
• Competition - who are they, what do they offer
• Market share - in each key market
• E-commerce/ technology

b) INTERNAL ANALYSIS – current situation only

• Your business - products and services - trends and description
• Customers and Marketing
• Sales
• Group structure
• Management Team/ HR
SWOT analysis (from your analysis above)
• Relative strengths
• Relative weaknesses
• Opportunities
• Threats

WHERE ARE YOU GOING & HOW ARE YOU GOING TO GET THERE ?

Company Strategies – your plan
• Marketing and sales (4 ps - product, place, pricing, promotion) - Sell the benefits of your products
• Your team
• Customers - acquisition, maintain - also see Ansoff matrix below
• Operations
• Technology

CAN YOU FINANCE IT ?
• The finance plan for your business plan
• Profit and loss account, balance sheet, cashflow
• Investment from you or third parties

More business plan template information