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Business Plan
Business Plan Basics
Going through the process of
creating a business plan will help
you identify if your business idea
                 is
  (1) feasible and (2) viable!
Write this section last  2 pages or less
This is your Expanded Elevator Speech  5 min
Explain the fundamentals of the business
Make it enthusiastic, professional & complete
For a Loan? State clearly how much you
  want, how long you will use it, and how the
  money will make your business more
  profitable, thereby ensuring repayment
 Identify What your Business is. What Does it
  Do?
 Mission Statement
 Goals & Objectives
 Business Philosophy
 Market
 Industry
 Strengths & Core Competencies
 Legal form of Ownership
 What Products will you sell
 What Services will you provide
 What are your Competitive Advantage Factors
 What is your Pricing Structure
 Product and/or Service
 Clients/Customers  Target Market
 Competition
 Niche
 Strategy
 Revenue Forecast
 Location
 Legal Environment
 Personnel
 Credit Policies
 Suppliers
 Management
 Professional & Advisory Support
 Your Professional Resume
  Professional Objective
  Functional Resume
  Work History
 Projections: Monthly, 1 year, 3 years, 5 years
  Breakeven
  Profit
 Cash Flow Statements
 Profit & Loss Statements
 Assumptions used in formulating plans
A well written Business Plan can serve as
  a Marketing Tool once you remove the
           Financial Information
 Your trusted CPA
 http://womenventure.org
 http://www.score.org/index.html
 http://www.irs.gov/businesses/small/article/0,,
  id=99336,00.html
Freedom to Focus on Your Passion!

I look forward to the possibilities!
             Kathleen
          612-961-8399

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Business Plan

  • 3. Going through the process of creating a business plan will help you identify if your business idea is (1) feasible and (2) viable!
  • 4. Write this section last 2 pages or less This is your Expanded Elevator Speech 5 min Explain the fundamentals of the business Make it enthusiastic, professional & complete For a Loan? State clearly how much you want, how long you will use it, and how the money will make your business more profitable, thereby ensuring repayment
  • 5. Identify What your Business is. What Does it Do? Mission Statement Goals & Objectives Business Philosophy Market Industry Strengths & Core Competencies Legal form of Ownership
  • 6. What Products will you sell What Services will you provide What are your Competitive Advantage Factors What is your Pricing Structure
  • 7. Product and/or Service Clients/Customers Target Market Competition Niche Strategy Revenue Forecast
  • 8. Location Legal Environment Personnel Credit Policies Suppliers
  • 9. Management Professional & Advisory Support
  • 10. Your Professional Resume Professional Objective Functional Resume Work History
  • 11. Projections: Monthly, 1 year, 3 years, 5 years Breakeven Profit Cash Flow Statements Profit & Loss Statements Assumptions used in formulating plans
  • 12. A well written Business Plan can serve as a Marketing Tool once you remove the Financial Information
  • 13. Your trusted CPA http://womenventure.org http://www.score.org/index.html http://www.irs.gov/businesses/small/article/0,, id=99336,00.html
  • 14. Freedom to Focus on Your Passion! I look forward to the possibilities! Kathleen 612-961-8399