Uwezo Fund Oversight Board Capacity Building Manual: Business Plan presentation.
FOCUS AREA II-OVERVIEW
Business Plan: Definition It is a document that shows in details the business one intends to operate. These details include: The business opportunity to be exploited; Describing how it is going to be exploited and by who; Forecasting the expected costs and revenues;
Why have a business plan?- entrepreneur's perspective To draws a clear picture of business objectives and goals; To provides a thorough overview of the planned business; Gives a guide on how to meet set objectives; Presents the plan and the financial data supporting it; To unmask the potential Strengths and Weaknesses and the Opportunities and Threats of the business; To give timelines of events and financial targets against which to compare actual results; To give prospective financiers, partners and investors a means of determining whether it is good to put their money into the business.
Why have a business plan?-The lender’s perspective To assess business viability To appreciate the marketing plan To know ‘who’ Who is your customer Who is your supplier Who is your competitor To know the key industry trends To know how much money to lend To identify assumptions To determine contribution To analyze cash flow projections To determine who is running the show-operation plan To identify risks and measures to mitigate
Preparation of a Business Plan 1. Cover page Name of the business. Physical address. Organization presented to. Date of Presentation. 2. Table of contents 3. Brief of the business plan (executive summary). 4. Business description A brief description of the business; Main features; Business location and address; Business ownership; Industry.
cont.. 5. Marketing plan 6. Organization and Management. 7. Operation/Production. 8. Risk Management. 9. Financial plan. 10. Annexes.
THE PROCESS
Tips for “TB” business plans Look out for the following when analyzing a TB plan: Clearly described as Table Banking Range of product offering Describe the extent, if any, that there are or will be dealings with other bodies/institutions Legal form and ownership Current financial position (savings accumulated)and current resources (loans advanced) Location, meeting venues and any branch structures Any growth and expansion plans
‘BUSINESS PLAN TEMPLATE’
Q & A. THANK YOU.