Business Plan

1172 Words Jul 6th, 2008 5 Pages
BUSINESS PLAN

ENTER YOUR BUSINESS NAME
Enter your name

July 17, 2008

SECTION 1: THE BUSINESS PROFILE
Description of My Business
(Session 1): Describe your product or service.

Targeted Market and Customers
(Session 1): Describe your customer profile and why customers want or need your product or service.

Growth Trends In This Business
(Session 1): Is the market for your product or service growing or shrinking?

Pricing Power
(Session 1): Explain the unique qualities or circumstances concerning your product or service that will enable you to maintain profitable pricing.

SECTION 2: THE VISION AND THE PEOPLE
(Session 2): Describe convincingly that you are passionately committed to your new business and
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Explain any government assistance or loan guarantee programs you intend to apply for.

If your business is for use with potential lenders, include a cash flow projection and projected income statements to show sources of repayment of loans. Be conservative in your forecasts.

List your sources of referrals to lending institutions. (Your accountant, etc.)

SECTION 10: E-COMMERCE
E-Commerce Plans
(Session 10): Describe in detail how you plan to use the Internet in marketing your product or service.

E-Commerce Budgeting
(Session 10): Provide a detailed breakdown of the costs involved in creating, operating and maintaining your e-commerce activities.

E-Commerce Competition
(Session 10): Describe how your best competitors utilize e-commerce and your strategy to improve on their practices.

SECTION 11: ACQUISITIONS
Due Diligence Procedures for Acquisitions
(Session 11): List the following:

Your consulting team: Attorney, accountant, banker, broker, etc.

Verification of seller’s revenues: how you plan to authenticate.

Sellers records to be inspected: Financial statements, income tax returns, sales backlog, cash deposit records, utility bills, accounts payable and receivable, backlog, financial comparisons of similar businesses, etc.

Inspections and approval of leases and contracts.

Appraisals, as appropriate.

If a

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