One-Stop 6-Part Comprehensive Business Plan Template For Businesses

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One-Stop 6-Part Comprehensive Business Plan Template For Businesses

permeate that innovative and curious mindset when drafting your business plan.
Why do 65% of all small business start ups failed to survive after one year? Why do 70% of small businesses never survive the 2nd generation? Are you unable to retain great staff? Why it need not cost a bomb for branding your business?

The Business Plan is the most crucial component of your business It provides the fundamental framework & blue print of your business in 6 sections, mapping out your business goals, marketing strategies, operations framework, organization structure, and financial viability.

Check out the Business Plan Template below:

1) Goals with a Timeline - Measurable, reasonable and achievable over a set time period

2) Your Marketing Plan with a Timeline

* Viability studies - Porter's 5 factors, P.E.S.T. analysis, S.W.O.T. analysis, Target Segment analysis, Product Life Cycle analysis, Value Proposition of products, Competitive Advantage Model, Product Growth Directions, BCG Matrix

* Marketing Planning - Marketing Mix (4Ps) strategy, Internet Marketing, Integrated Marketing Communications, Marketing Implementation plan, Marketing Budget plan

* Monitor & Review plan

3) Your Operations Plan with a Timeline

* Business Structure, Scope, Regulatory Issues, Plant & Equipment, Production Arrangement, Distribution & Warehousing Arrangements, Credit Terms, Quality Control, Location, Business opening hrs, Commencement Date

* Stand Operation Procedures (S.O.P.) for each business function

* Monitor & Review Plan

4) The Organisation Plan with a Timeline

* Organisation Structure, Skills required, Talent management strategy, Business Succession plan

* Monitor & Review Plan

5) The Financial Viability Plan with a Timeline

* Financial Statement Forecast, Breakeven Analysis, Capital Spending plan, Required investments and spending, Ways to raise $, Additional $ source

* Financial Contingency Plan

* Monitor & Review Plan

6) Business Strategies

* Business Succession planning

* Business Exit strategies

Note that a well crafted Business Plan is the first step to solicit funds from Bankers or Venture Capitalists should the need arise.

Your new or existing business must be planned adopting the broad basis in consideration of sustainability, scalability and contingency. Sustainability implies consideration of realistic sustainable longevity of the business. You should also plan well ahead for your business growth, ensuring that the business is expandable via scalability, like the famous "LEGO" blocks. Contingency is the most ignored part of most businesses, be it in unforeseen man-made emergencies like terrorism, or natural disasters and calamities like hurricanes, earthquakes and floods, or simply, unexpected financial crisis.

Hence, the rule of thumb to drafting a good business plan is to adopt a conservative approach both in planning financial and manpower resources. However, also learn to strike a balance and

Article Source: http://articlenexus.com

Yoshiko Choy is an entrepreneur and a management consultant in business & marketing with 17 years of experience in Large Locals, MNCs, consultancy firms as well as an avid online marketer. She holds an Executive MBA with California State University. Read about business & marketing management trends at her businessfast4ward.com. Get the latest reviews and updates on niche marketing, visit onlinenichemarketing.org

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