Business Plan for an Established Business Essay

4466 Words18 Pages
Business Plan for an Established Business This business plan consists of a narrative and several financial spreadsheets. The narrative template is the body of the business plan. It contains more than 150 questions divided into several sections. Work through the sections in any order you like, except for the Executive Summary, which should be done last. Skip any questions that do not apply to your business. When you are finished writing your first draft, you will have a collection of small essays on the various topics of the business plan. Then you will want to edit them into a flowing narrative. The real value of doing a business plan is not having the finished product in hand; rather, the value lies in the process of research and…show more content…
Management and Organization 4 Professional and Advisory Support 4 VII. Personal Financial Statement 4 VIII. Financial History and Analysis 4 Debt Schedule 4 IX. Financial Plan 4 12-Month Profit and Loss Projection 4 Four-Year Profit Projection (Optional) 4 Projected Cash Flow 4 Projected Balance Sheet 4 Breakeven Analysis 4 X. Appendices 4 XI. Refining the Plan 4 For Raising Capital 4 Refine Your Plan for the Type of Business 4 Executive Summary Write this section last! We suggest that you make it two pages or less. Include everything that you would cover in a five-minute interview. Explain the fundamentals of the business: What is your product, who are your customers, who are the owners, and what do you think the future holds for your business and your industry? Make it enthusiastic, professional, complete, and concise. If you are applying for a loan, state clearly how much you want, precisely how you are going to use it, and how the money will make your business more profitable, thereby ensuring repayment. II. General Company Description Mission statement: Many companies have a brief mission statement, usually 30 words or fewer, explaining their reason for being and their guiding principles. If you have a mission statement, this is a good place to put it in the plan,
Open Document