PPT On Business Plan
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Presentation Transcript:
1. Business Plan2. Mission Statement
A clear statement of your company’s long-term mission.
Try to use words that will help direct the growth of your company, but be as concise as possible.
3. Learning Objectives
To define what the business plan is, who prepares it, who
reads it, and how it is evaluated.
To understand the scope and value of the business plan to
investors, lenders, employees, suppliers, and customers
To identify information needs and sources for each critical
section of the business plan.
To enhance awareness of the ability of the internet as an
information resource and marketing tool.
To present examples and a step by step explanation of the
business plan.
To present helpful questions for the entrepreneur at each
stage of the planning process.
To understand how to monitor the business plan.
4. The Team
List CEO and key management by name
Include previous accomplishments to show that these are people with a record of success
Summarize number of years of experience in this field
5. Market Summary
Market past, present, & future
Review those changes in market share, leadership, players, market shifts, costs, pricing, or competition that provide the opportunity for your company’s success.
6. Opportunities
Problems and opportunities
State consumer problems, and define the nature of product/service opportunities that are created by those problems.
7. Business Concept
Summarize the key technology, concept, or strategy on which your business is based
8. Competition
Summarize competition
Outline your company’s competitive advantage
9. Goals & Objectives
Five-year goals
State specific, measurable objectives.
State market share objectives.
State revenue/profitability objectives.
10. Financial Plan
A high-level financial plan that defines the financial model and the pricing assumptions and that reviews yearly expected sales and profits for the next three years
Use several slides to cover this material appropriately
11. Resource Requirements
Technology requirements
Personnel requirements
Resource requirements
Financial, distribution, promotional, etc.
External requirements
Products, services, technologies that must be purchased outside the company
12. Risks & Rewards
Risks
Summarize risks of proposed project
Addressing risks
Summarize how risks will be addressed
Rewards
Estimate expected pay-off, particularly if seeking funding
13. Key Issues
Near term
Isolate key decisions and issues that need immediate or near-term resolution.
Long term
Isolate issues needing long-term resolution.
State consequences of decision postponement.
If you are seeking funding, state specifics
14. Thanks
