Business Plans Trusted by: Dean KesselToast Cafe — Funded. Very professional and the process has helped me identify areas of competitive advantage and risk factors. Tell us what you need and how to contact you. Tell us about your business plan needs: Our Process You Tell us about your business. Us We research and draft your plan. Together We edit to get it perfect.
Investors Investors find and fund your business. Funding Network Our Funding Partners include: The business concept is the first broad element of a business plan.
The focus here is on the description of your business, its market, its products, and its organizational structure and management. The market analysis is the second major element of a business plan.
Your business will operate within a particular marketplace, and it is important to understand customer demographics, preferences, needs, buying behavior, as well as the competition. The financial analysis is the third component of the business plan. If your business is new, this will include projected cash flows, capital expenditures, and the balance sheet. It will also include forecasts as to when the business will break-even. If you lack business or financial education, it is never a bad idea to enlist the help of an accountant to assist with the financial analysis portion of the plan.
The above sections are the broad components of the business plan. These sections in turn break down into the following seven sections, which we will, in order, focus on writing next: Company description, market analysis, organization structure and management, products and services, marketing and sales, and request for funding. Format your document correctly. Format section titles in Roman Numeral order. Write your company description as the first section.
To do this, describe your business and identify the marketplace needs for your product or service. Briefly describe your key customers and how you intend to succeed. Write your market analysis. The purpose of this section is explore and demonstrate knowledge of the market your business is operating within. You should be able to answer questions like, who is your target market? What are their needs and preferences? How old are they, and where are they located? Make sure to include a competitive analysis that provides research and information on immediate competitors.
List your main competitors strengths and weaknesses and the potential impact on your business. This section of the business plan focuses on key personnel. Include details about the business owners and its management team. If the owners and managers and have extensive backgrounds in the industry or a track record of success, highlight it. If you have an organizational chart, include it.
Describe your product or service. What are you selling? How will customers benefit? How is it better than your competitors products or services? Do you currently have or anticipate developing a prototype, or filing for a patent or copyright? Note all planned activities. For example, if you are writing a plan for a coffee shop, you would include a detailed menu that would outline all your products. Before writing the menu, you would include a short summary indicating why your particular menu sets your business apart from others.
Our wide variety will be a key competitive advantage as we can provide a diversity of product offerings that our main competitors are currently not offering". Write your marketing and sales strategy.
In this section, explain how you intend to penetrate the market, manage growth, communicate with customers, and distribute your products or services. Will you use sales representatives, billboard advertising, pamphlet distribution, social media marketing, or all of the above?
Make a funding request. If you will use your business plan to secure funding, include a funding request. Explain how much money you need to start and maintain your small business. Provide an itemized summary of how start-up capital will be used.
Give a timeline for your funding request. To accurately complete this step, in some cases it might be necessary to hire an accountant, lawyer, or other professional. For one full year, provide monthly and quarterly statements. Each year after that, yearly statements.
These documents will be placed in the Appendix Section of your business plan. Include projected cash flows for at least 6 years or until stable growth rates are achieved and if possible, a valuation calculation based on discounted cash flows. Write the executive summary. Question or Need Contact? BBP will offer Client the opportunity of choosing a split payment option. Should client choose the split payment option, the following payment schedule will apply: Client shall pay the remaining balance due upon completion of the Business Plan or 30 days after the first draft of the Business Plan is delivered to Client through electronic mail or any other method , whichever is sooner.
BBP is authorized to process the remaining balance due at that time. A valid credit card is required for all accounts unless waived by a BBP manager. Revisions to the Business Plan will be completed free of charge for a period of 30 days after the first draft of the Business Plan is delivered to Client through electronic mail or any other method.
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Upwork is the leading online workplace, home to thousands of top-rated Business Plan Writers. It’s simple to post your job and get personalized bids, or browse Upwork for amazing talent ready to work on your business-plan-writers project today/5(). Jul 11, · To write a business plan for a small business, start by writing an executive summary that briefly outlines your business. Follow that with a company description that explains your business in more detail. You'll also want to include sections on your target customers, how your business will be structured, and what products or services you 89%().