Halton business resources
| What makes a good business plan? |
 |
 |
 |
| Business resources | |||
 There are four distinct sections of business plan:1) Description of the business 2) Marketing 3) Finances 4) Management There is no single formula for developing a business plan but some elements are common to all business plans. Elements of a Business Plan 1. Cover sheet 2. Statement of purpose 3. Table of contents I. The Business A. Description of business B. Marketing C. Competition D. Operating procedures E. Personnel F. Business insurance II. Financial Data A. Loan applications B. Capital equipment and supply list C. Balance sheet D. Breakeven analysis E. Pro-forma income projections (profit & loss statements) F. Three-year summary G. Detail by month, first year H. Detail by quarters, second and third years I. Assumptions upon which projections were based J. Pro-forma cash flow III. Supporting Documents A. Tax returns of principals for last three years Personal financial statement (all banks have these forms) B. For franchised businesses, a copy of franchise contract and all supporting documents provided by the franchisor C. Copy of proposed lease or purchase agreement for building space D. Copy of licenses and other legal documents E. Copy of resumes of all principals F. Copies of letters of intent from suppliers, etc.
Set as favorite
Bookmark
Email this
Comments (0)
 Write comment
|
Subscribe to this comment's feed
Show/hide comments
Show/hide comment form