... it.
Opening Day Balance Sheet
A balance sheet is one of the fundamental financial reports that any business needs for reporting and financial
management. A balance sheet shows what items of value are ... customers
• Any other materials needed to support the assumptions in this plan
• Market research studies
• List of assets available as collateral fora loan
Page 19 of 27
VIII. Personal Financial Statement
Include ... commerce has good information on the local area. Trade associations and trade publications
often have excellent industry-specific data.
Primary research means gathering your own data. For example,...
... company for example, a labor strike in a plant that was
not expected or anticipated that catches management unprepared.
A contingency plan should address such occurrences.
Natural disasters are ... the company. A
format for this plan is found in Appendix C: The 1-Page
Operational Plan.
Seven Steps to a Successful Business Plan
30
Figure 2-2. The operational plan sets the strategic plan into ... brief-
ing. Make sure participants understand that your planning model is
about to take a dramatic turn for the better. Business- as-usual can-
not be allowed.
Building aBusinessPlan in Five Pages
39
Figure...
... increase the
cost of forming a general partnership. The formation of a limited partnership has similar
disadvantages because, once again, the “framework” nature of the statute means that the ... balance sheet information on an accrual basis for the next three to five years.
Financials
5
The BusinessPlan
Twenty pages is the target length for the plan, however, the length and ... Talk about maintaining competitive advantage
4. Make the venture’s true value transparent
5. Demonstrate the plan s flexibility
6. Base financials and projections on formulae
7. Provide a...
...
Website: www.alis.gov.ab.ca/occinfo
Wage and salary survey
is biennial survey provides wage and salary information
for Alberta employees by occupation, geographic area
and industry group. It also ...
planning was on the agenda. We hired abusiness advisor
who acted as a facilitator for the retreat and he got us
thinking and talking about issues that we wouldn’t have
on our own. Our business ... vision for the business?
SMART goals
With the information you have collected, determine
SMART goals for yourself and your business: goals that are
Specific, Measurable, Attainable, Realistic and...
... Activities and Targets
Marketing Plan
Production Plan
Management and Labour Plan
Financial Plan
42
The
Financial Plan
is the acid test of your plans and
ideas. Putting the plans into dollars shows ... abusinessplanfor his or her farm
business. While information and sample business
plans are available for non- farm businesses, examples
of business plans for farms are difficult to find. Each
farm ... shelf space
-
new labelling and packaging
-
signage
-
display area
-
labelling and packaging
-
trade magazines
-
local bee clubs
Management
&
Labour
Plan Example
Management and
Labour
...
... help create enduring value. The business
plan acts as the operations manual for the company and as a reference tool for investors and
board members. Developing the plan forces you to analyze ... production, marketing and financial
executives, a solid board, strong strategic alliances, and a history as well as aplanfor
Management
3
Business Assistance Guide
TABLE OF CONTENTS
... of Creating aBusinessPlan
A businessplan is the pen-to-paper "rallying cry" of any start-up venture. Sound business plans
not only help companies raise capital but they also help...
... income
statement, there is a standard accounting format, required by law, for balance sheets.
They are prepared at annual intervals. Again, the appendix of this Guide contains
tables you can use for an ... 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 ... aspects of startups and their management. Properly conceived and executed,
the businessplan becomes a key document for evaluating and managing an
operation.
A businessplan details the overall entrepreneurial...
... offices for
information
January Me
(2) Contact local wineries to learn of their experiences and
recommendations fora lawyer
January Me
(3) Send to BATF and SLA for application packets January Me
(4) ... quality control, coordinating winery operation and
maintenance, sales, marketing, financial record keeping, and staffing
General Manager Coordinate winery operation and maintenance, sales, marketing ... Media, New York,
2000.
Barclay, Veronica. “Taking a Closer Look at Your Customer-What Motivates Them to
Buy?” Vineyard and Winery Management. January/February 1999.
Barclay, Veronica. “Are You Marketing...
... reproduced for
personal use.
For information on bulk purchases or corporate premium sales, please contact the Special Sales
Department. For academic sales or textbook adoptions, ask for Academic ... worked for, or preferably managed, a successful business in the
same field as the proposed new business. For example, if you have profitably run a clothing store
for an absentee owner fora year ... Assuming you go ahead with your
business and write your business plan, the lists can serve as background material or even become
part of the final plan.
You have accomplished several...
... 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 ... of advice or the completion
of a task. Occasionally, a service business sells products as an ancillary function. For example, a
baby diaper cleaning service may also sell diapers and baby accessories. ... was extremely useful—but I am
responsible for any information that is incorrect: Jason Wallach is a friend and a CPA in Santa
Rosa; his input was very helpful. Harry Keller of the Santa Rosa...
... reproduced for
personal use.
For information on bulk purchases or corporate premium sales, please contact the Special Sales
Department. For academic sales or textbook adoptions, ask for Academic ... 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 ... worked for, or preferably managed, a successful business in the
same field as the proposed new business. For example, if you have profitably run a clothing store
for an absentee owner fora year...
...
altogether. All in all, business planning is probably more important to the survival of a small and
growing company than a larger, more mature one.
Performance Benchmarks
A businessplan can also be ... the same business plan, with slight modification, can be used for
all three actions.
Setting Goals and Objectives
The businessplanfor an early-stage company is, in many ways, a first attempt at ... graphic presentation
2. Prospective financial statements
a. Ratio analysis
b. Trend analysis with graphic presentation
Outline fora
Business Plan
The Financial
Data section of
your business plan...