Asked by Megan McDermott on Jun 13, 2024
Verified
Give the outline of a sample business plan.
Sample Business Plan
A document that provides an example or template of a business plan layout, including company description, market analysis, and financial projections.
- Comprehend the configuration and significance of business strategies.
Verified Answer
DH
Dylan Haydt
Jun 18, 2024
Final Answer :
A business plan describes the direction for a new business and the financing needed to operate it. Although there is no single template, it is generally agreed that a good business plan includes an executive summary, covers certain business fundamentals, is well organized with headings and easy to read, and runs no more than about 20 pages in length. Here is a sample business plan outline.
• Executive summary-overview of the business purpose and the business model for making money.
• Industry analysis-nature of the industry, including economic trends, important legal or regulatory issues, and potential risks.
• Company description-mission, owners, and legal form.
• Products and services description-major goods or services, with competitive uniqueness.
• Market description-size of market, competitor strengths and weaknesses, five-year sales goals.
• Marketing strategy-product characteristics, distribution, promotion, pricing, and market research.
• Operations description-manufacturing or service methods, supplies and suppliers, and control procedures.
• Staffing description-management and staffing skills needed and available, compensation, and human resource systems.
• Financial projection-cash flow projections for one to five years, break-even points, and phased investment capital.
• Capital needs-amount of funds needed to run the business, amount available, and amount requested from new sources.
• Milestones-a timetable of dates showing when key stages of the new venture will be completed.
• Executive summary-overview of the business purpose and the business model for making money.
• Industry analysis-nature of the industry, including economic trends, important legal or regulatory issues, and potential risks.
• Company description-mission, owners, and legal form.
• Products and services description-major goods or services, with competitive uniqueness.
• Market description-size of market, competitor strengths and weaknesses, five-year sales goals.
• Marketing strategy-product characteristics, distribution, promotion, pricing, and market research.
• Operations description-manufacturing or service methods, supplies and suppliers, and control procedures.
• Staffing description-management and staffing skills needed and available, compensation, and human resource systems.
• Financial projection-cash flow projections for one to five years, break-even points, and phased investment capital.
• Capital needs-amount of funds needed to run the business, amount available, and amount requested from new sources.
• Milestones-a timetable of dates showing when key stages of the new venture will be completed.
Learning Objectives
- Comprehend the configuration and significance of business strategies.