Examples of Business Plans
A great guide to Examples
of Business Plans!
A business
plan is a document that is used to project how a company will
be doing three to five years in the future and describes how and by
what means, a company will use its resources to grow and maintain
revenues. The business plan also takes into account the basic elements
of promotional strategies, operational requirements, financial
projections and market research. The central focus of a business model
describes what will be used to operate a business.
The plan will also be used to expand the business, raise capital,
reorganize resources and activities, downsizing data or preparation for
sell-out.
There are many examples
of business plans. The classic business plan that has been used by many
begins with an executive summary. The executive summary has several
important parts to it beginning with a cover sheet. A cover sheet
should be used as the title page of the business plan and should have
the name, address and phone number of the company as well as the month
and year the plan was made. Next, you need an executive summary—which
is the abstract of your business. The Summary should summarize the
content of your finished plan. Then, in Part I you should have a page
on The Organizational Plan—a summary description of your business
statement. Then in Part II you should have a page on The Marketing
Plan. The marketing plan should define all of the components
of your marketing strategy. In Part III you will need a page on your
Financial Documents. This part of the plan is the overall
interpretation of everything that was stated in the organizational and
marketing plans.
In Part IV you will need a
page on Supporting Documents. This includes personal resumes, owner’s
financial statements, credit reports, Copies of Leases, Mortgages,
Purchase Agreements, Etc. Letters of Reference Contracts and other
needed documents.
Once you have completed your business plan, it should read and look
professional—professional enough that an investor or lender will know
that it was done by you and be impressed in its professional
presentation. Your business plan should be about 30-40 pages.
Examples of Business plans can
also be seen in the the start-up business plan. With this business
plan, steps for a new business are defined. Topics that should be
defined in this plan are: product or service, market ideas, forecasts,
strategy, milestones and how they will be achieved, your management
team and financial analysis. Other examples of business plans can be
found in the internal business plan. Often with this kind of plan main
points are covered by using PowerPoint slides. The operations plan is
an internal plan. This plan is much more detailed—stating specifically
how dates, deadlines, milestones and responsibilities of managers and
teams—are implemented.
A strategic business plan is one that is internal; however it focuses
more on pinpointing main priorities and high-level options. In addition
a growth plan often focuses on a certain area of a business. These
plans can be internal but it would depend on if they would be
associated with new investments or loan
applications.
Related Articles:
How
to Plan a Business
Making
a Business Plan
Example Business Plan
Marketing Business Plans
Business Introduction
Letter
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