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04 - The Business Plan Writing & Using a Business Plan

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Old 08-26-2008, 10:32 PM
kenlew kenlew is offline
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I have written numerous b-plans and the BEST way to go is with . I have used their b-plan software to get SBA guaranteed loans.
Ken Lewellyn
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Old 09-08-2008, 03:11 PM
rogercbryan rogercbryan is offline
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Don't waste your money on buying a business plan unless you are looking for venture capital in excess of $1,000,000. You can take a look at my blog for some of my previous posts on how to write a business plan if you like.

What are the problems you are having with your plan? The reality is probably that it is not your plan that is the problem. It's probably missing information like financials or market analysis. When you hire a firm to write the plan for you.. .guess what.. they'll be missing the same info.

Make a list of your problems and then address those independently of your plan. You'll find that after you have addressed your five biggest individual problems that your business plan will all of a sudden come together.
"Business is WAR - Take no prisoners - give no second chances" - The Hudsucker Proxy

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Old 09-09-2008, 12:52 PM
superb8effect superb8effect is offline
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Some concise guide to business planning:
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Old 09-10-2008, 12:07 AM
butler68 butler68 is offline
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Location: Oregon
Posts: 54
Default Building you own business plan

I agree with others that you should build your own business plan. A business plan is a great way to start your company and detail how you will make it all work. I offer a service to help people with their financial projections. Let me know if I can be of service to you or if any of my free tools can help. I will be adding new tools daily. Best of luck.
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Old 09-10-2008, 01:48 PM
superb8effect superb8effect is offline
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A business plan template

Executive summary
Vision, mission, objectives
Current state of the business
Products and services
Strategy and sources of sustainable competitive advantage
Customer acceptance
Summary financial forecasts
Money required, timing and deal on offer

Basic business information
Contact information
Document control
Professional advisers
Legal structure and corporate data

Current business situation
Definition of the current business and its market
Corporate history, major events and past financial performance
Current business and market position
Core competencies
Current business organisation and outline business infrastructure

Strategic analysis
Political, economic, social and
technological analysis and impacts
Key differentiators and unique
selling points
VRIO analysis
Core competencies
Configuration of resources
Value add analysis
Value chain analysis
Value system
Resource audit
Operations resources
Human resources
Organisational resources
Financial resources
Industry life cycle
Industry structure
Competitor analysis
SWOT analysis

Strategic plan
Vision, mission and objectives
Sources of sustainable competitive advantage
Competitive position
Market positioning
Brand strategy
Portfolio strategy
Business design

Marketing plan
Market segments, size and growth
Description of customers and customer needs
Target market segment
Product positioning and value
Marketing mix
Description of products and services
Pricing and discounting
Advertising and promotional plans
Channel and distribution strategy
Guarantees and warranties
After-sales service and customer care
Comparison with competition
Performance and economics
Marketing forecasts

Physical location
Make or buy considerations
The production process
Facilities, equipment and machinery
Scalability of operations
Engineering and design support
Quality control plans
Staffing requirements
Sources of supply of key materials

Research and development

Management and organisation
Organisation chart
Top management
Management's ability to deliver the plan
Corporate governance and shareholder control
Labour relations
Office space and amenities
Employment and related costs

Forecasts and financial data
Summary of performance ratios
Sales forecast
Assumptions underpinning financial forecasts
Profit and loss account (income statement)
Balance sheet
Cash flow statement
Evaluation criteria and valuation
Discounted cash flow
Sensitivity analysis

Summary of operations prior to financing
Current shareholder loans outstanding
Funds required and timing
Use of proceeds
The deal on offer
Anticipated gearing and interest cover
Exit routes for investors

Risk analysis
Risk overview
Limiting factors
Critical success factors
Alternative scenarios and strategic responses
Specific risks and risk-reduction strategies

Business controls
Information technology
Sales and marketing
Other controls

Glossary of terms
Details of market research
Consultants' reports
Product specifications Marketing collateral Orders in hand Organisation charts Curricula vitae Detailed financial forecasts Technical data
Details of patents, copyright

Learning Corner. Free Business Knowledge from Professional and Academic Book Essences and PDF EBook Downloads.
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Old 09-22-2008, 03:11 AM
qploans qploans is offline
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thanks for the post
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Old 10-08-2008, 02:50 PM
MyCorporateSupport MyCorporateSupport is offline
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Default Here is new social network site for business plans.

Post old, failed, potential business plans and discuss. Ideas and help will help you create a stellar business plan.
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Old 12-04-2008, 03:41 PM
bizdev bizdev is offline
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Posts: 248

Originally Posted by BasketInvesmtment View Post
We go through thousands of Business Plans - that's what I do for a living - assisting institutional investors to find right companies to invest.

The #1 reason we reject business plans - the plan is too generic.

My advice to those who think of raising private capital -- ALWAYS write your Business Plan YOURSELF. You can get a template at SBA or use software.

To me personally, the plan’s look is not important. The substance is the most important - your modeled financials and the business model.
Thank you! I have been saying the same thing for years!

I've spoken with many lenders on this subject and they all agree that:

1) You must have a business plan when approaching a lender (obvious of course, but they tell me many folks don't bother to do this and of course they are immediately rejected)

2) They prefer shorter, consise business plans.

3) They can spot a canned business plan a mile away. It is best to write your own plan so you can defend the conclusions when they tear it apart.

You can and should write your own business plan.
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Old 05-06-2009, 05:52 PM
jimlanger jimlanger is offline
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Posts: 5

Originally Posted by Vishenda View Post
I think the idea behind buying a business plan is to benchmark against successful organizations (that follow the same or almost the same plan)

while it is not wrong to benchmark against competition, it is best to come up with one's own plan of course
I agree with you....
Nice thread that you have provided..

credit repair business
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Old 12-28-2009, 06:53 AM
adrian_in9@yaho adrian_in9@yaho is offline
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Default Re:

This site may be able to help you to quickly compare quotes from up to 6 pre-qualified Phone Systems Quotes suppliers. They do not charge anything for their service. Hope this helps you.

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