... to help you.
Plan your approach.
Drawing up abusinessplan is a very complex undertaking.
Many variables must be considered and analyzed systematically, in a logical order.
A detailed outline ... category into separate stages, such as purchasing, raw materials
processing, component manufacture and assembly. You may also need to separate
sales into logistics, wholesale distribution, and ... task to a
specialized company. Specialists may not only be able to carry out the
assignment better, they may also be able to offer a cost advantage thanks to
higher production volumes.
• Availability.
...
... then make them come true.
The best way to make a SWAG about your business profitability is to do a break-even forecast.
Although a break-even analysis or forecast can never take the place ...
3 .How to make customers and employees think the business is special
4 .How to know what the customers want—today and, more important in the clothing business, to
keep half -a- step ahead
... Plan Do You Need?
You can use HowtoWriteaBusinessPlantowrite whatever type of plan best suits your needs:
•Complete business plan. By writing this type of plan, you’ll gain...
... method allows you to produce a basic businessplan in a short
time—as little as one day in some cases. If you know your business, are familiar with and able to
make financial projections and have ... incorrect: Jason Wallach is a friend and a CPA in Santa
Rosa; his input was very helpful. Harry Keller of the Santa Rosa SBA office was kind enough to
explain several intricacies of that system to me.
...
3 .How to make customers and employees think the business is special
4 .How to know what the customers want—today and, more important in the clothing business, to
keep half -a- step ahead
...
... Ideal 20
Do You Really Want to Own a Business?
2
CHAPTER
4
|
HOWTOWRITEABUSINESS PLAN
Note that the appendixes contain
blank forms as well as business plans
for a small service business, ...
|
HOWTOWRITEABUSINESS PLAN
“Marry in haste, repent at leisure.”
(proverb)
A stitch in time saves nine.”
(proverb)
What Is aBusiness Plan?
A businessplan is a written statement that
...
meet Antoinette Gorzak, a friend of mine.
Antoinette wants to open a dress shop,
and she has allowed me to use her plans
and thought processes as an example of
a complete and well-prepared business...
... controller and
nancial advisor to an online retail business. You can contact him at
mckeever.mp@gmail.com.
32 | HOWTOWRITEABUSINESS PLAN
such as your anticipated location and target
customers, ... make financial projections,
and have done the necessary research,
you may be able to create aplan in
one day. But understand that a quick
plan is a stripped-down version of
a business plan. ... distributorships
available to me?
4. Will I have to market all the products
myself or will the manufacturers have
marketing programs?
28 | HOWTOWRITEABUSINESS PLAN
Each of the choices you make...
... SCORECARD
This approach is an attempt to blend together quantitative
numerical analysis with qualitative analysis of other elements
that are important to organisations, such as:
● The customer’s ... on assets, return on capital, profit
● Long-term survival - looking to the future
and innovating to create extra value
It is a measure that will drive the shape of
all plans, as each must address ... address all four
aspects of the scorecard.
It can be difficult to use in practice, however,
and can cause confusion if inadequately explained.
33
PLANNING PROCESS
2: EXTERNAL ANALYSIS
An analysis...
... accountant or analyst measuring variances against them.
Despite their bad reputation they are a valuable management tool for controlling
business and results.
54
PLANNING PROCESS
5: RESOURCE ASSESSMENT
FIXED ... bills as they fall due.
A profitable company that cannot raise cash
will go out of business.
You need cash to:
● Pay staff
● Purchase raw materials
(settle creditors)
● Pay for consumables
● ... PROCESS
6: TARGET SETTING
Every plan must contain targets so that you can measure progress and,
ultimately, the success of the plan. The targets may be quantitative or
qualitative and typically will...
... give valuable information as to
component parts of an organisation.
A good plan will often include a forecast balance sheet to demonstrate the
impacts on asset and liabilities. Many organisations ... SHEET
The balance sheet is a ‘snapshot’ of an organisation’s position as at a given date (usually
the end of a year, either fiscal or actual).
It shows:
● The assets of an organisation - what it owns
● ... them.
61
NOTES
68
Payments
Repayments
Investments
S
a
l
e
s
P
u
r
c
h
a
s
e
s
Payment
received
P
r
o
c
e
s
s
P
r
o
c
e
s
s
CASH
Capital
Dept
Asset sales
Debtors
W.I.P.
Stock
Raw
Materials
PLANNING PROCESS
7: FINANCIAL MODELLING
Liquidity and Cashflow Cycle
57
PLANNING PROCESS
7: FINANCIAL MODELLING
CASHFLOW FORECASTS
●...
... overall business plan, such as a new business proposal to the financial
community.
There are many ways to develop and format a marketing plan . The approach taken here is to present a
6-Part plan ... this information can be handled within a graphical format, such as tables and graphs, though a
paragraph explanation of each is generally required. Make sure to include total dollar (or other ...
Other Areas
Preferably this section includes a brief summary of current marketing decisions (see Situational
Analysis) so readers of the plan can easily compare what was planned to what is planned....
... financial
community.
There are many ways to develop and format a marketing plan . The approach taken here is to present a
6-Part plan that includes:
1. Part 1: Purpose and Mission
2. Part ... Other Areas
Preferably this section includes a brief summary of current marketing decisions (see Situational
Analysis) so readers of the plan can easily compare what was planned to what is planned. ... tutorial, the marketing
plan is generally a component of a larger business plan. We do not cover a full financial discussion such
as a full balance sheet, income statement, detailed ratio analysis,...
... than the appearance.
In many cases, a reasonably neat diagram can be drawn by hand faster than with
a graphics package, and you can scan it if you want an electronic version. Either
is usually ... constant? What were the other relevant parameters?
Make sure too that you have used appropriate statistical analyses. Where
applicable, show measurement errors and standard errors on the graphs. ... want to wax lyrical about your topic, here is the place to do it. Try to
make the reader want to read the kilogram of A4 that has arrived uninvited on
his/her desk. Go to the library and read...
... self-delusory approach to corporate image brochures are plain to see:
high costs and low value.
But it doesn't have to be this way. Some years ago, I was commissioned towritea
corporate image ... for a pharmaceutical company. When it was printed, not only did
people read it, they actually called the company to request additional copies to give to
friends, clients, and professional colleagues. ... HowtoWritea Corporate Image Brochure People Will Truly Want to Read
Writing a corporate image brochure is truly a study in futility. Two things are certain about
these expensive,...