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All material is subject to change[Company Growthinks business plan template template is the property of Big Africa and it may not be reproduced or distributed without the prior, written consent of Big Africa. Welcome to the Ultimate Business Plan: How to Take your idea and turn it into a moneymaking business!
This step-by-step guide will get your company started in the right directionMany people think that a business plan is something you do when approaching investors for money. It is more than that.
Your plan is the blueprint for how you want your company to look, who it will target and how you will finance your great scheme. Even if you are self-funding, you need to have a plan. Research consistently shows that businesses without a plan have a greater chance of failing than those who do.
Many people plan for 5 yearsremember that at the end of the 5 you need to re work your plan for the next 5. Business plans are documents in progress. Things may go better or worse than predicted, maybe a new competitor opens up next door.
This requires changes and modifications as you go along, but the bulk of it will probably remain the same. Lets begin with the look and feel of your companyan introduction to who you are[Company Logo]- A logo is your businesss trademark symbol; like Nikes [swoosh] or Apples [apple].
If you dont have a logo dont worry, just use your companys initials for now and you can design a logo later. Any offering of interests in [Company Name] will be made only in compliance with Federal and State securities laws.
Alter this to relevant National laws. This document includes confidential and proprietary information of and regarding [Company Name]. This document is provided for informational purposes only. You may not use this document except for informational purposes, and you may not reproduce this document in whole or in part, or divulge any of its contents without the prior written consent of [Company Name].
By accepting this document, you agree to be bound by these restrictions and limitations. Table of Contents right click anywhere on this table and select Update Field after you have completed the plan 3I. Company Overview3Who is [Company Name]?
AppendixNext is the executive summary; which is a shortened version or recap of your business plan that someone can look at and understand the purpose of your business without having to read a full detailed report It will be easier if you skip this section for now, do all your research first, and then tackle this section when you have all the data you need the aim here is to begin to sell your company in as little space as possible.
Many investors will read the summary first, if they like it they will read more. Executive Summary Business Overview In this overview, these are things you should point-out when trying to explain your business to someone so they can start to grasp your vision - Start with a CONCISE one line explanation of your business for example: We are an organic restaurant located in Durban, South Africa.
We operate a social networking website for working mothers We are a software development company that enables individuals to more efficiently complete their taxesThen, discuss other pertinent information: What the status of your company is when formed, startup vs.
Success Factors These are positive resources or services that will contribute to your companys future growth and potential greatness - factors that will help your company excel in the market - Start this section with the following line: Then discuss why your company is a great investment opportunity.
The business has already accomplished this and that sales, product development, website traffic, other key milestones which have been completed, etc.
The management team has done this and that. The management team has these skill sets which make is perfect for this venture. The business model has been proven by this company and that company or in this industry and that industry These market trends support the business opportunity These unmet customer needs support the business opportunity The business is poised to accomplish these milestones in the near future which will result in thisFinancial Needs and Exit Strategy This section needs to include how much money the company is seeking and what the key uses of these funds are.
If the company is seeking an equity investment, the expected exit strategy e. The exit strategy is all of your options for how you could get our of your company or the investor could sell to another company, could become an IPO initial public offering and the public would buy shares of your company, etc.
Use creative financing here. The section should include top-line financial results for the next 3 to 5 years such as: A word on finances here be realistic.
Dont promise to sell 1, units a year if your production capacity is only unless you are looking for the capital to increase your capacity.
Top-line projections over the next three years are as follows:Writing a business plan, for a traditional brick and mortar business, will probably take a lot of time.
It may take up to hours or even more. For obvious reasons, a new business needs to carry out a lot of research before a business plan can even be developed. Wise Business Plans™ is dedicated to helping you meet your business planning needs in the most customer-friendly and efficient way possible.
We specialize in professional business plans written by accomplished MBA writers, and our mission is to provide these customized business plans at . Growthink has a decent Google pagerank and bad results in terms of Yandex topical citation index.
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Growthink’s Ultimate Business Plan Template helps you build a strategically sound business. It guides you through key questions about your company, marketing and operations strategies, and gives you tons of ideas for improvement.
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