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Creating Your Business Plan 1. 2 Grading Criteria 300 pts!

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Presentation on theme: "Creating Your Business Plan 1. 2 Grading Criteria 300 pts!"— Presentation transcript:

1 Creating Your Business Plan 1

2 2 Grading Criteria 300 pts!

3 Creating Your Business Plan 3 Add this at the bottom – This document contains confidential and proprietary information belonging exclusively to “insert your business name here” Cover Page

4 Creating Your Business Plan 4 Bold Section Headings Page #’s Table of Contents

5 Creating Your Business Plan 5 Executive Summary The executive summary should include the most important information from each section of the business plan. executive summary a brief recounting of the key points contained in a business plan Section 5.2 The Business Plan To save time, investors and lenders rely on the executive summary to help them decide whether the business plan is worth pursuing. Generally no more than 1 page

6 Creating Your Business Plan 6 II C. Self Analysis This section highlights your qualifications and those of any partners. You must describe how you have the capabilities to execute your business plan. Why are you (or your team) uniquely qualified to make this business successful? Explain your credentials (experience, motivation, plan to acquire any skills or training that you don’t already possess). Section 5.2 The Business Plan

7 Creating Your Business Plan 7 Operating Plan (Org Chart) The organizational chart of a business plan looks at the people aspects and the legal form of the business. It illustrates the chain of command by indicating who oversees who. Section 5.2 The Business Plan

8 Creating Your Business Plan 8 The financial section presents forecasts for the future of the business, both in terms of start up costs required & project income potential. Section 5.2 The Business Plan Schedule of Start-up Costs

9 Creating Your Business Plan 9 The financial section presents forecasts for the future of the business, both in terms of start up costs required & project income potential. Section 5.2 The Business Plan Projected Income Statement

10 Packaging and Presenting the Business Plan Section 5.2 The Business Plan 10 1 2 3 4 5 6 7 Assemble the plan in a binder, report folder (or bind it) Word process, using an easily readable 12-point type font. Include all required sections; use bold section headings. Use the company logo on the cover & top of every page. Include a confidentiality statement on the cover page prohibiting copying of the plan. Don’t forget to include a properly formatted bibliography. You may also wish to include an appendix for supplemental work that is not included in the required outline. 8 Remember to include ALL rough drafts at the back.

11 Sources of Business Plan Information Section 5.2 The Business Plan 11 Small Business Administration (SBA) Service Corps of Retired Executives (SCORE) Small Business Development Centers (SBDCs) Chamber of Commerce Mrs. Raaker’s Website


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