1. THE NFTE BUSINESS PLAN TEMPLATE
NFTE IRELAND
THE NFTE BUSINESS PLAN TEMPLATE

2. Introduction
Business name
Logo
Business slogan / statement

3. Student Profile 1 Name General description of student
Interests / Hobbies
Personal skills/qualifications – how will this make your business successful?

4. Student Profile 2 Name General description of student
Interests / Hobbies
Personal skills/qualifications – how will this make your business successful?

5. My Business Idea What product / service I offer Type of Business
How I got my idea

6. Market Research Type of market research Results from market research
Target customer profile

7. Competition My Business’ Competitive Advantage Competitor Price
Location
Unique Feature
e.g.. Local shop/service
e.g. Nationwide shop/service
e.g. Online shop/service
My Business’ Competitive Advantage 1. 2.

8. Marketing Plan Promotion Method Promotion Place Target Consumer Cost
(age, gender, location)
Cost

9. Monthly Sales Projections
How to complete graph:
Double click on graph
Add projected monthly unit sales
Click on “chart 1”
Click here

10. Budgeted Income and Expenditure (Optional)
Sept
Oct
Nov
Dec
Jan
Feb
Mar
Total
= Total Income(A)
Expenditure
= Total expenditure(B)
Net Cash(A-B)
Opening Cash
Closing Cash

11. G Profit from One Unit (module 8)
What is your unit of sale?
Selling Price of one unit of sale €
Cost of producing one unit of sale
Gross Profit per one unit of sale

12. Fixed (ISAIDUROC) Costs per month
Utilities €
Salaries
Advertising
Insurances
Interest on loan
Rent
TOTAL

13. Break Even Units Fixed Costs = Break Even
What do you need to sell in one month to cover your basic costs?
Fixed Costs = Break Even
Gross profit per unit

14. Profit & Loss Statement
Total sales for the year a €
Less cost of sales b
Gross profit a-b=c
Less fixed costs / expenses d
Profit before tax c-d=e
Less tax & PRSI (25%) f
Net profit e-f=g

15. Comparison Sheet (optional)
Budgeted
Actual
Difference
Income
= Total Income
Expenditure
= Total expenditure

16. Personal Objectives & Goals
Business Goals
Educational Goals
Personal Goals

17. Corporate Social Responsibility Policy
Describe how your business will give back to the community or support a cause that you believe in.

18. (Business Name, Logo, Slogan etc)
Thank you for taking the time to consider our Business:
(Business Name, Logo, Slogan etc)