... method allows you to produce a basic businessplan in a short
time—as little as one day in some cases. If you know your business, are familiar with and able to
make financial projections and have ... incorrect: Jason Wallach is a friend and a CPA in Santa
Rosa; his input was very helpful. Harry Keller of the Santa Rosa SBA office was kind enough to
explain several intricacies of that system to me.
...
3 .How to make customers and employees think the business is special
4 .How to know what the customers want—today and, more important in the clothing business, to
keep half -a- step ahead
...
... to help you.
Plan your approach.
Drawing up abusinessplan is a very complex undertaking.
Many variables must be considered and analyzed systematically, in a logical order.
A detailed outline ... category into separate stages, such as purchasing, raw materials
processing, component manufacture and assembly. You may also need to separate
sales into logistics, wholesale distribution, and ... task to a
specialized company. Specialists may not only be able to carry out the
assignment better, they may also be able to offer a cost advantage thanks to
higher production volumes.
• Availability.
...
... then make them come true.
The best way to make a SWAG about your business profitability is to do a break-even forecast.
Although a break-even analysis or forecast can never take the place ...
3 .How to make customers and employees think the business is special
4 .How to know what the customers want—today and, more important in the clothing business, to
keep half -a- step ahead
... willing to pay the price
required to be successful as a small businessperson. If you are still eager to have a business, you
have said, “Yes, I am willing to make short-term sacrifices to achieve...
... Budget Actual Budget Actual Budget Actual
Cash sales
Cash from debtors
Capital introduced
Total receipts (a)
Payments
Payments to creditors
Salaries/Wages
Rent/Rates/Water
Insurance
Repairs/Renewals
Heat/Light/Power
Postage
Printing/Stationery
Transport/Motor ... is a
32 Howto prepare abusiness plan
Writing abusinessplan
Business plans are required whenever money is to be raised, whether
from a bank, a finance house, or a provider of equity capital.
To ... ‘outs’ for each month and work out the effect
on your bank balance. Each bank has its own cash flow forecast form,
30 Howto prepare abusiness plan
16 Howto prepare abusiness plan
Month Month...
... Ideal 20
Do You Really Want to Own a Business?
2
CHAPTER
4
|
HOWTO WRITE ABUSINESS PLAN
Note that the appendixes contain
blank forms as well as business plans
for a small service business, ...
meet Antoinette Gorzak, a friend of mine.
Antoinette wants to open a dress shop,
and she has allowed me to use her plans
and thought processes as an example of
a complete and well-prepared business ...
|
HOWTO WRITE ABUSINESS PLAN
“Marry in haste, repent at leisure.”
(proverb)
A stitch in time saves nine.”
(proverb)
What Is aBusiness Plan?
A businessplan is a written statement that
...
... controller and
nancial advisor to an online retail business. You can contact him at
mckeever.mp@gmail.com.
32 | HOWTO WRITE ABUSINESS PLAN
such as your anticipated location and target
customers, ... make financial projections,
and have done the necessary research,
you may be able to create aplan in
one day. But understand that a quick
plan is a stripped-down version of
a business plan. ... plenty of capital to ensure
22 | HOWTO WRITE ABUSINESS PLAN
QUICK PLAN
If you’ve chosen the quick plan
method to prepare abusinessplan (see Intro-
duction), you need to read and complete...
... SCORECARD
This approach is an attempt to blend together quantitative
numerical analysis with qualitative analysis of other elements
that are important to organisations, such as:
● The customer’s ... on assets, return on capital, profit
● Long-term survival - looking to the future
and innovating to create extra value
It is a measure that will drive the shape of
all plans, as each must address ... address all four
aspects of the scorecard.
It can be difficult to use in practice, however,
and can cause confusion if inadequately explained.
33
PLANNING PROCESS
2: EXTERNAL ANALYSIS
An analysis...
... overall business plan, such as a new business proposal to the financial
community.
There are many ways to develop and format a marketing plan . The approach taken here is to present a
6-Part plan ... this information can be handled within a graphical format, such as tables and graphs, though a
paragraph explanation of each is generally required. Make sure to include total dollar (or other ...
Other Areas
Preferably this section includes a brief summary of current marketing decisions (see Situational
Analysis) so readers of the plan can easily compare what was planned to what is planned....
...
What external factors are there that could be embraced if
appropriate resources were allocated?
Threats
What external factors are there that threaten to reduce
your market share? ... mix” framework, and the marketing
budgets.
The marketing plan is a document that can contain approximately between 15 and 40
pages.
Market planning is an interactive process and the plan ... be taken by a company and evaluate the results of those
actions.
What information to collect and analyse. This information can be:
Quantitative Information Qualitative Information
•...
... the businessplan
To make sure that your businessplan has the maximum impact, there are a number of factors you should consider
Remember to keep the plan short – it is more likely that a ... only a vital instrument is applying for and securing funding but also a useful business
management tool that can assist in the day to day operation of a business. It can help you spot pitfalls ... prepare your businessplan
Every business, regardless of size, should have a working businessplan and it is even more important when you are
starting up a new business.
A businessplan is not...
... We also
accept income statements following Vietnam Accounting Standards (VAS) and
International Accounting Standards (IAS).
Cash Flow Analysis
The cash flow analysis is designed to show ... Local Taxes
* National Taxes
Financial Statements
Sound financial management is one of the best ways for your businessto remain
profitable and solvent. How well you manage the finances ...
particularly important to address the market leadership, how they got there,
where they are vulnerable and how you will be able to exploit these weaknesses.
Take as fair and unbiased a viewpoint as...
... Between the Strategic
Plan and the Operational Plan 213
Analysis of Company Performance 214
Analysis of Competition 215
Analysis of Market and Market Share 216
Analysis of Mission 217
Analysis of ... performance that must be
tracked against the business plan. They are organizational, team,
and individual. All lead to the strategic goals.
Figure 12-4. During the sustaining phase you must pay attention ... planning to reach all levels. That failure is directly
attributed to the planning model, the planning documentation,
and the lack of planning accountability. Typically, planning is a
three-day...
... financial
community.
There are many ways to develop and format a marketing plan . The approach taken here is to present a
6-Part plan that includes:
1. Part 1: Purpose and Mission
2. Part ... Other Areas
Preferably this section includes a brief summary of current marketing decisions (see Situational
Analysis) so readers of the plan can easily compare what was planned to what is planned. ... tutorial, the marketing
plan is generally a component of a larger business plan. We do not cover a full financial discussion such
as a full balance sheet, income statement, detailed ratio analysis,...