This is not a comprehensive business plan like the type you would take to a bank for a loan, but it covers many of the important basic considerations.
1. Using ‘Word’ write a partial business plan using all of the headings listed below.
2. Include your full name, date, and use each heading listed below.
3. Research information as needed.
4. You have 3 classes to complete this work.
Business Plan
Include information under the following headings:
I. The Company
a. Ownership – who? What type?
b. Products & Services – what are they?
c. Company Location – where? Why?
II. Industry Analysis
a. Why this is a good industry to go into?
III. The Target Market
a. Target Market – who? Why?
b. Competitive Environment – is it?
c. Company Strengths – what are your competitive strengths?
IV. The Competition
a. Direct Competitors – who? Why?
V. Marketing Outline & Sales Strategy
a. Company Image/Message – what is it?
b. Marketing – what will you use? How? Why?
c. Facilities – what do you need? Where?
d. Production – how? Who?
e. Customer Services – how will you serve your customer?
VI. Technology Outline
a. Internet – do you need it? Website? Why?
b. Hardware Needs – tools of the business; what are they?
c. Telecommunication Needs – yes or no? Why?
VII. Management & Organization
a. Management Team – who? Why?
VIII. Milestones
a. Goals – What are they in 1 year and then in 5 years?
b. Strategies – how will you go about achieving your goals, step by step?
c. Risk Evaluation – is this risk? Why or why not?
IX. Financial Data & Projections
a. Capital Requirements – will capital be required to start? How much? Where will you get it?
