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Lim Sei cK. Plan Summary Business Objectives Description of business Description of product(s) or service(s) Management plan.

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Presentation on theme: "Lim Sei cK. Plan Summary Business Objectives Description of business Description of product(s) or service(s) Management plan."— Presentation transcript:

1 Lim Sei Kee @ cK

2  @ Plan Summary  @ Business Objectives  @ Description of business  @ Description of product(s) or service(s)  @ Management plan  @ Operational plan  @ Marketing plan  @ Financial plan

3  Often written last, shown first  Make it interesting for the reader  Make the reader want to read more  Make it simple point form for every section, or a simple abstract summary  1 or 2 pages Maximum

4  What is the business?  What is the market?  What is the potential for the business?  Forecast profit figures  Funding requirements  Prospects for the investor/ lender

5  It is important to understand how business objectives 'fit in' with business aims and strategies.  -An aim states what you want  -An objectives set out what you need to have achieved to get what you want  -A strategy is a course of action which enables you to meet your objectives.

6 What is the business?  A brief description of the business idea and why it should be a success  History of the enterprise and its ownership  Information about the entrepreneur’s qualifications, experience and financial status  Location

7  A description of the product and what it does  An explanation of ways in which the product is distinctive and unique  Analysis of the competition  How the product will be developed and what new products are being considered as replacements  Intangible assets & protection (e.g. copyright, trade marks)

8  @ Management plan  @ Operational plan  @ Marketing plan  @ Financial plan

9  Submission of preliminary business proposal  SIMPLE BUSINESS PLAN;  BUSINESS IDEA;  PLAN B;  BUSINESS OBJECTIVES;  DESCRIPTION OF BUSINESS;  DESCRIPTION OF PRODUCT(S) OR SERVICE(S)


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