How To Prepare A Business Plan
...Introduction to Your Business Plan
▪ Who are the promoters & what is their previous experience?
Executive Summary
▪ What is the proposal?
▪ Who are the personnel?
▪ When is the proposal launch timed for?
▪ What finance does the proposal require?
Main Body of Your Business Plan
Management of the Business
▪ Who will be the directors/principal of the business?
▪ Who are the owners?
▪ Who are the senior management?
▪ What other staff are required?
▪ Have you considered staff contracts of employment?
▪ How will the directors/senior management/staff be paid? i.e. salary, bonuses,commissions, etc.
▪ What skills and experience will your staff require?
▪ Will you need to provide ongoing training for your staff?
▪ Have you considered government incentive schemes for employers?
Management Information
▪ Will you need periodic accounts or other information i.e.weekly/monthly/quarterly?
▪ To what extent will you computerise the operation?
▪ What personnel will be responsible for providing information?
▪ How reliable will the figures be?
▪ What have the results been to date?
▪ Have you carried out sensitivity analysis?
Product Details
▪ Describe your product or service.
▪ What is the required quality of your product?
▪ Is there a range of products you wish to provide?
▪ What differentiates your products from your competitors?
▪ What is the pricing structure of the product(s)?
▪ How is this different from your competitors?
Production Process
▪ Does your product follow a production process?
▪ What are the worker & machinery requirements?
Image
▪ Have you considered the use of brands, patents, copyrights?
▪ What sort of image do you wish to project for...
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