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Business Plans Handbook, Gale Publishing This is a database of actual business plans written by North American entrepreneurs seeking financing for their businesses. Includes examples of many start-up business ideas. Access is available through many BC public libraries, made possible by a generous donation from the Sutherland Foundation.
Affiliates of UBC can start here. On this site you find business plans presented by MBAs from the best business schools in the world. Futurpreneur - Business Plan Writer An interactive, online, tool that allows you to customize your business plan. The business plan contains 2 sections, with a glossary and user guide.
Canada Business Site An excellent source for financing, permit, and business planning information. Includes a complete list of useful templates. Their library includes templates for business plans, SWOT analysis, financial projections and more.
This is a great post on the topic. They have their own business plan resource guide available here. GoForthInstitute An excellent collection of free resources for entrepreneurs on diverse subjects. Of particular interest are the How-To Guides, templates and samples, and business calculators. They also offer low-cost video training. Watch their series of business planning videos here.
Whatever your reason for writing a business plan, the task will probably still feel like a homework assignment. A business plan is a document that describes a business, its products or services, how it earns or will earn money, its leadership and staffing, its financing, its operations model, and many other details essential to its success.
Investors rely on business plans to evaluate the feasibility of a business before funding it, which is why business plans are commonly associated with getting a loan. Business planning is often used to secure funding, but plenty of business owners find writing a plan valuable, even if they never work with an investor. We'll also send you updates on new educational guides and success stories from the Shopify newsletter. We hate SPAM and promise to keep your email address safe.
Get started. Few things are more intimidating than a blank page. You can also start with a free business plan template and use it to inform the structure of your plan. This section of your business plan should answer two fundamental questions: who are you, and what do you plan to do? This is where you start getting to the core of why your business exists, what you hope to accomplish, and what you stand for.
To define your values, think about all the people your company is accountable to, including owners, employees, suppliers, customers, and investors. As you make a list, your core values should start to emerge. Once you know your values, you can pen a mission statement.
Your statement should explain, in a convincing manner, why your business exists, and should be no longer than a single sentence. Your vision statement, unlike your mission statement, can be longer than a single sentence, but try to keep it to three at most. The best vision statements are concise. Finally, your company overview should include both short- and long-term goals. Short-term goals, generally, should be achievable within the next year, while one to five years is a good window for long-term goals.
Make sure all your goals are S. If you choose the wrong market, or the right market at the wrong time, you may find yourself struggling for each sale. This is why market research and analysis is a key section of your business plan, whether or not you ever intend for anyone else to read it. Thorough research supporting your conclusions is important both to persuade investors and to validate your own assumptions as you work through your plan.
The potential market is an estimate of how many people need your product. Since this can be a daunting process, here are some general tips to help you begin your research:. Some sources to consult for market data include government statistics offices, industry associations, academic research, and respected news outlets covering your industry.
A SWOT analysis looks at your strengths, weaknesses, opportunities, and threats. What are the best things about your company? What are you not so good at? What market or industry shifts can you take advantage of and turn into opportunities? Are there external factors threatening your ability to succeed? These breakdowns often are presented as a grid, with bullet points in each section breaking down the most relevant information—so you can probably skip writing full paragraphs here.
Strengths and weaknesses—both internal company factors—are listed first, with opportunities and threats following in the next row. With this visual presentation, your reader can quickly see the factors that may impact your business and determine your competitive advantage in the market. Use this free PDF to future-proof your business by identifying your strengths, weaknesses, opportunities, and threats.
There are three overarching factors you can use to differentiate your business in the face of competition:. Consider what your potential customers are doing to solve the same problems your product solves. Detail the legal structure of your business. Communicate how each person will contribute to the success of your startup. If you sell many items, you can include more general information on each of your product lines; if you only sell a few, provide additional information on each.
Excited about starting a business, but not sure where to start? This free, comprehensive guide will teach you how to find great, newly trending products with high sales potential. Your ideal customer, also known as your target market, is the foundation of your marketing plan, if not your business plan as a whole. To give a holistic overview of your ideal customer, describe a number of general and specific demographic characteristics.
Customer segmentation often includes:. For example, a college student has different interests, shopping habits, and pricing sensitivity than a year old executive at a Fortune company. Your business plan and decisions would look very different based on which one was your ideal customer. Your marketing efforts are directly informed by your ideal customer.
Your plan should outline your current decisions and your future strategy, with a focus on how your ideas are a fit for that ideal customer. Most marketing plans include information on four key subjects. Promotion may be the bulk of your plan since you can more readily dive into tactical details, but the other three areas should be covered at least briefly—each is an important strategic lever in your marketing mix.
If your reader is you, it should give you a basis to make other important decisions, like how to price your products to cover your estimated costs, and at what point you plan to break even on your initial spending. No matter how great your idea is, and regardless of the effort, time, and money you invest, a business lives or dies based on its financial health. At the end of the day, people want to work with a business they expect to be viable for the foreseeable future.
It also may be appropriate to include financial projections. You can edit it to reflect projections if needed. Your income statement is designed to give readers a look at your revenue sources and expenses over a given time period. Water Tubes Plumbing is a plumbing company that has chosen residential new homes as its preferred niche. Water Tubes will be able to handle any service request for plumbing of volume home builds or custom new homes.
Barnum Painters will provide top-quality interior and exterior residential and commercial painting services. The principal officers of Barnum Painters believe that most companies in this industry suffer two major problems : poor scheduling of job projects and poor retention of quality employees. We intend to change the way these are done and excel in both areas. Trestle Creek Cabinets will be formed as a cabinet company specializing in custom cabinets for the high-end residential, resort, and commercial market.
Its founders have extensive experience in the construction and cabinet industry. Equipment Rental, Inc. ER is a company that sells and rents heavy equipment such as bulldozers, backhoes, excavators, and trenchers as well as small home use and construction equipment such as tillers, augers, and chain saws.
Concrete Installation LLC plans to become the leading provider of concrete formwork services in the area. This means always having the best and most efficient facilities, processes, and people. HodgePodge Sealcoating Company is a service provider that offers crack filling and sealcoating to residential customers. Sealcoating protects asphalt driveways by filling the cracks and coating the surface of the driveway, protecting it against the weather.
Calico Computer Consulting shall provide fast and reliable technical assistance to small office computer users. The keys to success for CCC are marketing and networking, responsiveness, quality, and generating repeat customers. The initial primary service offered will be hourly technical aid, although retainer contracts and projects will be considered in the future growth. TLC Wedding Consultants is a full service company that provides complete consulting services for weddings , holy unions and anniversaries.
Our services include weddings, honeymoons, receptions, anniversary consultations, budget planning, answers to etiquette questions, as well as full-service referrals to florists, hair stylists, entertainers, musicians, etc. Growth Management and Strategies GMS is an ambitious innovative new company that is attempting to turn the small business consulting business on its head.
With an experienced consultant at the helm as President, GMS intends to grow at more than 50 percent per year through solid customer service, a great sales plan, proven competitive strategies, and a group of people that bring dynamic energy to the company and the sales process.
Advanced Linguistic Pontificators is a leading seminar and training program company led by a best-selling author. Advanced Linguistic Pontificators will be targeting medium- and large-size companies and corporations. The Cambridge Strategy Group CSG , is dedicated to providing marketing and management consulting services to small and emerging businesses looking for opportunities to increase their potential for success.
Unlike traditional management consulting firms that focus on analyzing problems for large customers, CSG works exclusively with small business clients to develop concrete, practical, short-term action plans that will start moving their businesses in the right direction. Safe Kids Child Care is a start-up organization that provides day care services to families living in the surburbs of a large city. This mid-sized child care facility serves children from three months to six years of age.
The Toddler Warehouse will be concentrating on the upper end of the market: which is made up of double-income professional parents. Baby Nappies World plans to enter and penetrate the baby nappies and sanitary pads market.
Baby Nappies World is poised to take advantage of the impressive growth rate and minimal local competition in this market. It will have a dedicated and experienced staff, excellent order procurement, and effective management and marketing. The Falls River Theatre will provide the residents of Falls River with a long-awaited, hometown movie theatre.
The films shown will be second run releases of the most popular movies in two target markets: families and young adults. We will provide a family-friendly environment with high quality customer service to meet the daily emotional, physical and social well-being needs of mothers, young children and other family members. Play Time for Kids has identified the family entertainment industry as its primary interest and the company has focused its efforts on the development of one or more family entertainment centers FEC to provide quality family entertainment activities to the communities in the Our County, Big City area.
Sessions can be set up as private or students may form groups for tutoring. Private sessions offer intense individual assistance, but groups sessions can also be beneficial with decreased economic costs and the use of team-based approach that the business program encourages. Third Degree I. It provides a core deliverable of programs, courses, and learning objects for the distance education, distributed learning, and e-learning markets.
It is ultimately the goal of the company to be a one-stop facility for all driver needs, including registration, licensing, etc. MDS is positioned as a low-cost facility with excellent service. The software product is designed and created for the special education industry. It will be constructive by teaching certain lifeskills and will be fun to use, encouraging the student to use it as often as possible.
The site will be effective in matching educated, mature, responsible educators with employers in need of their part-time or summer assistance. Botanical Bounty is working hard to become a leading producer of botanical plants for the natural supplement industry as well as plant nurseries. Farmers Group is a company whose mission is to provide high quality, nutritional, and flavourful vegetables and strawberries for consumption in both near and remote areas.
Additionally, the company will provide high quality planting materials for use nationwide. Our coffee stands out from the competition. We prepare the top five percent, in terms of quality standards, of all Arabica beans on the market. Our customers seek this product as it provides them with a point of differentiation to specialty roasters.
Oasis Juice is planning to expand its operation to include distribution to stores within the entire state. Owner funding and internally generated cash flow will enable most of the expansion plans. Sales projections for the next three years are based on current sales success with the target customer base.
Latheethen Feeds , Inc. The company is engaged in the production of custom livestock feeds , bird feed, deer feed, and other animal products in relation to livestock animals, pets, etc. Latheethen Feeds, Inc. Fifty percent of our members are under the age of 45 and have young children.
Currently, the center has members. The Mountain Brook Fitness Center wants to add an additional members with families over the next three years. Circuit Fitness Importing is poised to receive the exclusive license to sell this patented equipment, already very popular in Europe, in the U. Cents and Sensibility will be a value-priced taekwondo martial arts school serving its customers in our community by providing several programs for a variety of purposes, ranging from basic martial arts, to self defense, to esteem and life skills building, and more.
Cents and Sensibility Martial Arts School plans to enhance its programs as it expands, developing new programs to ensure the students have as much access to the different aspects of Songahm Taekwondo as possible. Ladies Only Fitness is a women-only health club that creates a personalized environment for women to pursue their fitness goals.
We have the best equipment and the best training program in this arena. We prepare our clients for success because we have the best weight-management program. Positive Lifestyle Systems is a truly responsible and effective weight-management program. We offer this program with confidence. It is unbeatable. Wheelie Deals is a wholesale distributor that serves the retail bicycle industry.
Wheelie Deals will carve out a focused niche within this industry, providing closeouts, last-year models, and fairly-used bicycles. Currently, most of the large wholesalers will occasionally have a closeout to offer, however, the availability of special deals is spotty. Wheelie Deals will quickly become the 1 source to provide retail shops with above average margins. New Look is a recent start-up manufacturer of an upscale clothing line targeted at males between the ages of 20 and New Look not only develops the clothing line , but supports it with advertising and promotion campaigns.
The company plans to strengthen its partnership with retailers by developing brand awareness. New Look intends to market its line as an alternative to existing clothing lines, and differentiate itself by marketing strategies, exclusiveness, and high brand awareness.
Bluespa is a company that has created a brand concept consisting of both skin care and athletic apparel utilizing multiple channels of distribution. We are seeking recurring investment to fund the growth of the brand, and position the company for an IPO. This plan shows how Bluespa will reach profitability in our third year of operation and generate shareholder return on equity within five years.
The growing utilization of plastics in industrial and consumer applications, combined with increased consumer awareness surrounding solid waste recycling , has led to an increased demand for recycled plastic resins and products. Replay Plastics will capitalize on the opportunities in the recycled resin and packaging markets through two main divisions: a Recycling Division and a Packaging Division.
The marketplace for janitorial products and services is changing, both in nature and scope. The consumer is becoming more conscious of the environmental impact of cleaners as the market expands. ChemSafe offers a innovative line of biodegradable, environmentally safe, citrus cleaners to janitorial services, retail outlets and consumers. The product line includes: Automotive cleaners; Industrial cleaners; Degreasers; Hand cleaners; Odour control; Tar remover; Concrete cleaners; Vehicle wash and wax products.
Willamette Furniture helps create pleasant and productive office environments with well-designed furniture that incorporates new technology into the classic office mode in which real people can work happily. We are sensitive to the look and feel of good wood and fine furniture as well as to high-powered personal computing. We always provide the best possible value to our customers who care about quality office environments, and we want every dollar spent with us to be well spent. Comgate is a custom mill house specializing in creating architectural woodwork in the form of wall paneling, custom cabinets, and other products for the local residential market.
After initial losses and several thin profit years of competitive bidding construction projects, Comgate is creating this business plan in order to bring its mission statement into clearer focus. Prior years were characterized by hectic efforts to bid as many jobs as possible. In our region, there are fifteen furniture stores that are competing for these customers with deep pockets.
We will be able to sell prescriptions at reduced prices by carefully maintaining efficiencies in our operations and by targeting a specific segment of the market — those customers who pay for their prescription medications themselves. Fargo Medical Laboratories FML is a start-up company committed to providing the most convenient, friendliest blood testing service to the physicians of the Main Street Professional Building and the surrounding area.
MedNexis, Inc. One patent is initially incorporated. While many people hope one day to purchase their own home, cultural barriers and shortages in affordable housing are just two of the issues that can prevent these dreams from materializing. Reed Properties is working to keep these dreams alive. This new real estate brokerage will not only define success by the number of units closed and sales volume but also by whether people were helped in the process. JJB expects to catch the interest of a regular loyal customer base with its broad variety of coffee and pastry products.
JJB aims to offer its products at a competitive price to meet the demand of the middle-to higher-income local market area residents and tourists. Sumptuous Cuisine Catering is a local catering company serving both business and private clients within a ten mile radius. Established in , the business has operated a catering kitchen and specialized in full-service catering and event planning for upscale events in the region. The business event management, event staff, a variety of cuisine for breakfasts, lunches, dinners, and appetizers, alcoholic and non-alcoholic beverage service, floral design, space design and decor, musicians and DJs, event equipment and furniture rentals, and other event services.
New World Delicatessen NWD is an eating establishment focusing on heathy, nutritious, and fast food to the local downtown area. The New World Deli will be an upscale deli specializing in a combination of fast hot or cold sandwiches and salads plus specific recipes focusing on the Pacific Northwest cuisine. Based on this distinct menu, New World Deli will follow a differentiation strategy that will provide unique, or hard to find choices to deli patrons.
Fresin Fries will provide a combination of excellent food at value pricing, with fun packaging and atmosphere. Fresin Fries is the answer to an increasing demand for snack-type fast food, to be consumed while window shopping and walking around inside a shopping mall. We focus on our New American-Swedish menu with a touch of Asian influence.
Customers will come to our office location and prepare 12 meals that they pre-select from a menu in a party atmosphere. JavaNet , unlike a typical cafe, will provide a unique forum for communication and entertainment through the medium of the Internet. There is a need in community for a large selection of quality used cars, and Integrity Auto Sales will sell these top-quality used vehicles at a competitive price to customers in the area.
The owner and sales manager have over 30 years of combined experience in new and used auto sales. We will continue to develop our excellent working relationship with local dealers and auctions to bring the savings to the customer. The Scarlet Tassel plans to cater to middle- and upper-class consumers who look beyond the national home accessory and gift chain stores for those expressions of individual personality and style. Interior Views is a retail store offering home decorator fabrics and complementary home accessories and resources.
It is now approaching its fifth year in business. This destination store offers the advantages of providing fabrics specifically designed for home decorator use in fabric widths of 54 inches and greater. The Avant-Garde Shop is a retail store specializing in the sale of novelty of various product mix. The store, however, will emphasise the sale of official merchandise of the Avant-Garde brand with a full assortment of apparel, accessories and stationary, as well as other lifestyle related novelties.
Basket of Goodies BOG is a premier gift basket retailer. BOG is concentrating on making gourmet gift baskets out of a wide range of high-quality ingredients. In addition to having several flagship baskets, BOG will also offer the option of a custom basket allowing the customer to choose the ingredients themselves. ReHabiliments is a clothing and apparel business with located in Sandybar Harbour.
The company sells trendy clothing and apparel, such as casual and active wear, head gear, work-out gear, leather coats, and baseball jackets to an international market consisting of individuals of all ages, from all walks of life. The company is engaged in the production of draperies, slip covers, and other textile products in accordance with the designs and concepts of interior designers. Cutting Edge Drapery has recently expanded its production facilities and is well-positioned to market its workroom production beyond its present client base.
Late last year, a CEO who is currently looking to build out a new product line for his business approached me to get some help on a business plan. He has a great idea for a product that he believes will bring in the sales he wants but needed help in determining how to build a new business. While many successful companies are built on a simple idea, creating successful companies based on those ideas needs more than just an idea.
After spending a couple of months interviewing the CEO and his leadership team, including the sales team, to better understand their strategic goals, their business, and doing the necessary research and analysis, I finally created the desired plan for him. What is the ideal business plan and what should it include? How much information is necessary to provide enough context and content to get the investment you seek?
Realistically, there is no ideal business investment plan because it all depends on 5 simple factors, 1 of which is not in your control:. Assuming that the investors are the most experienced you will ever find, you still need to do your best. In fact, the only thing you can do is to put your best foot forward and put together a business plan that you can defend. There are plenty of resources on the Internet that can assist you in creating a plan, but based on my experience of having launched 8 new products in the market and helped launch a startup, OneHive.
Gone are the days where a business strategy or plan written on the back of the napkin would get you the investment you seek. Without it, no investor is going to give you the money you seek. The world's largest independent Product Management community.
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This will ensure that every level of education in Turkey is streamlined to ensure students at all levels benefit from the system. The company needs to develop new strategies that are inclined to benefit learners rather than make them suffer in their Read more Business Education Market Turkey Strategy Students Company Marketing Club Strategies Middle East Target 10 Pages Free Business Plan On Compensation Structure And Job Design The biggest challenge for any company and its management in current scenario is to keep the employees motivated and task oriented and for that, it is required to effectively design the compensation plan and pay the employees effectively.
The compensation structure for Kudler can be designed by using two approaches that is job-based approach and person-based approach. In job-based approach, the compensation is based on the job performed by an employee. It does not consider the skills or competency that the employee is having. The employee gets evaluated on the tasks, he has completed and value he brought for The Miami Dade College MDC is the largest higher education institution in the United States US , with an estimated total population of , across all its eight campuses located within the metropolitan area of the city of Miami, Florida.
A state-sponsored college, the MDC also has two educational centers and various centers for outreach activities alongside its eight campuses. Each MDC campus has its academic specializations, although the MDC system allows all of its students to take general education courses in all of its campuses for their convenience Miami Dade College, n. Standing by Get your business plan done by professional writers!
It proceeds to presenting a detailed branding, pricing and distribution plans. The major competitors of the company are categorized in inter- and intra-competitors and their strengths and weaknesses are highlighted. The differentiation strategy in relation to closest competitor is also presented in this paper. StarTech is presented as struggling to become market leader. The salient issues pertaining to macro-economic issues are also presented in this report.
Three main market trends are mentioned in this paper as technology, status symbol and fashion. For instance, American youth soccer organization AYSO which is the biggest national association for youth football in the united States. Sport is recognized by the main policy makers as a tool for development as it helps to achieve goals such as promoting education and gender equality among others.
Sporting events contribute to social integration in the united States where it has been used to create social cohesion in societies tackling exclusion based on race, youth, gender and poverty. In addition, the loan will also be used to financing the cost of enclosing the play space and provide adequate working capital and sufficient cash reserves for the expansion of the childcare centre.
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