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Anthony Paterson |
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| Business Plan Checklist | ||||||||||||||||||||||||||||||||||||||||||||||||||
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Writing a business plan? These are the areas we suggest you cover. Need Help- Contact us!
Business opportunity Competitive advantage Summary of business strategies Funding required and use of funds Summary financial dataBusiness Description Business description - how does it make money? Corporate background and history Current ownership Mission statement/vision statement Competitive AdvantageManagement Board of Directors Composition and Duties Executive Management Team Key Position Skills & Competencies' Backgrounds and roles of key people Key hires required for planBusiness Plan Milestones Timeline Results expected Key Performance Indicators Key Success Factors Key Risk FactorsIndustry and Market Analysis Industry description and outlook Key market trends Market segments targeted Market Size and Profitability Characteristics Window of opportunity Major customers Major competitors Barriers to entry Impact of technology New product developments Regulatory issues Key factors impacting customers' purchasing decision Purchasing cycleMarketing and Sales Plan Product positioning Product design and packaging Product lifecycle Pricing strategies Route to market- Domestic and International Promotion Key customer identification and sales plans Product support and warranties Market share targets- Domestic and International Unit sales and growth targets Margin analysis Discounts and commissions Sales terms Licensing, Alliances and/or Joint Venture StrategiesR & D Plan Research focus New products or processes planned Evolution of existing products or processes planned Stage of development (new, planned or evolving concepts) Market application of new products Technical collaboration Milestones Budget Intellectual property strategy (reliance on patents, etc; strategy for detection of infringements and enforcement of rights)Operations Plan Location Organisation chart (includes # of staff, recruitment plans) Management Information Systems Manufacturing plan Key suppliers and supply risks Inventory management Quality control Capacity Infrastructure requiredFunding Plan Total amounts and timing Leverage Expected sources Terms of funding Capital expenditure requirements Working capital requirements Other use of funds Funding milestones Potential exit scenarios for investorsFinancial Projections Key assumptions 3 year historical financial information if appropriate 3 to 5 year base case forecasts for operating plan Balance sheet Profit and Loss Cash flow statements Key ratio analysis Sensitivity analysis showing impact on key financial Performance indicators of key variables under base, Best and Worst case scenarios Need Help- Contact us! |
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| Copyright © Anthony Paterson 2005-2010. All Rights Reserved. This work is copyright. You may download, display, print and reproduce this material in unaltered form only (retaining this notice) for your personal, non-commercial use or use within your organisation. Apart from any use as permitted under the Copyright Act 1968, all other rights are reserved. | ||||||||||||||||||||||||||||||||||||||||||||||||||
