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How to Prepare a Business Plan 1

Seminar PPT How to Prepare a Business Plan1

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Page 1: Seminar PPT How to Prepare a Business Plan1

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How to Prepare a

Business Plan

1

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Control & freedom No job security anymore Pursue your passion Earn money Change the world

2

Why startup?

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3100 start ups in ndia! 3rd largest base inndia"

#00 plus start ups setting up annually"

$y 2020! there would be more than 12000start ups operating in ndia employing abouta million of people"

300 %C PE & '22( angel in)estment deals

worth o)er *+, 2 billion" -)er 20 .&/s worth '*+, 1 billion in last

3 years

3

Start Up Facts

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ocus -rganie your thoughts and actions

4aise 5nancing 6uide your team Proacti)e not reacti)e ,etermine costs

7

Why create a Business Plan?

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1" Clear

2" 8ell9researched

3" +hort :10 pages;

7" Comprehensi)e

(" Proofed by e<perts

=" 8ritten by you

>" *pdated e)ery 2 years

(

Ingredients of a great plan

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Cover Page Business name, contact information

Executive Summary Highlights of the plan (1 page)

Business Profile

Your business objectivesGrowth expectations and strateg

Ownership and Management

!wnership"anagement and advisors#rofessional advisors (lawer, accountant)

Business EnvironmentAnalysis

Histor$ndustr overview$ndustr position

Marketing Plan

%arget mar&et'ompetitors'ompetitive advantagesales and mar&eting plan

=

Inside a Business Plan

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Operations

ocationE!uipment"#echnologySuppliersCost centres$uman resourcesSalesCustomer Service"Support

%inancial Statements

Balance heet$ncome tatement'ash low orecastinancing needs (tartup Budget)Ban&ing arrangements

Personal %inancial Statement

*et worth+mploment histor

Appendixesearch reportsloor plans - diagrams

>

Inside a Business Plan

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Creating your plan:

Research

Think 

Decide

Enter 

#

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Passion /mbitions in life 8or? preferences Personal priorities @our s?ills

A

What about you?

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Personal goals inancial goals 8hat will your business achie)eB 8ho will it ser)eB

10

Set goals

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4esearch your idea◦ Customers

+ur)eys

nter)iews ocus 6roup

◦ Competition

ndustry research rends

11

ar!et "esearch

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8hat you will sell 8hat does it do $ene5ts +uppliers Price Costs

12

Product description

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8here will your business operate 8ho will run it

◦ Diring employees

Processes to ma?e a product ordeli)er a ser)ice

13

#ecide operations

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Calculate +tartup $udget◦ Capital costs

◦ -perating costs :< = months;

4e)enue & e<penses for 5nancialstatements

17

How $uch $oney do youneed?

Capital Cost %perating Costs

EFuipment Deat

4eno)ations elephonen)entory 8ages

$uilding /d)ertising

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+a)ings riends & family

$an?s n)estors 6o)t Programs

Customers & suppliers

1(

Where you&ll get the $oney

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1" Professional ad)isors:ban?er! lawyer!accountant! coach;

2" Peer ad)isors:entrepreneurs!

mentors! colleagues;

3" Paid help :employees!suppliers! freelancers;

1=

Who will help you inbusiness

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8hen will you open for business Planned promotions irst customers +chedules esting your systems

1>

'aunch infor$ation

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*nderestimate re)enue -)erestimate e<penses /s? se)eral e<perts to proof it 4un Gwhat ifBH scenarios

1#

(est your plan