Business Plan Template

There are several occasions where a person will have to use a business plan, which is basically a presentation of the business model of the company. Here, we have provided a business plan template which will help you to draft one for yourself.
There are several situations when such an overview is needed. New employees, banks, lenders, creditors and in general people who hold a certain interest in the company have a look at the business plan before even dealing with the company. On the whole, a business plan plays a highly instrumental role in giving an appropriate insight to the company's structure and operations. An annual report however, must not be mistaken for a business plan. The annual report principally consists statutory disclosures of the company and is concentrated around the performance of the company.

A business plan is not necessarily prepared to scope that entire organization. In some cases, a business plan is also prepared to depict the graph of a single product or initiative. The sample business plan is basically a brief outline and you may feel free to add or subtract matter.

Business Plan Format

In order to make the business plan more comprehensible, every element of the plan has been described in short.

Executive Summary
The executive summary is an index cum introduction to the entire business plan. The summary must basically contain two different elements, one the name of the company/business organization, its premises and incorporation details. Apart from these 3 facts, major key players of the business must also be mentioned. Some companies also quickly summarize their operations, objectives and specialties. An accompanying company motto also adds to the charm. This is basically an index of the document and enables the reader to skip whatever he already knows.

Business Description
The business description is an in-depth explanation to the company's operations and different objectives that are to be achieved in the course of the business. If the company is a major market player in some specific product, then the business history and timeline of development is also included. So basically, what is written on this page includes what the company does, in what time it does it and in what manner it does it.

Market
The third aspect that is included in the business plan is the market within which the company operates. The company's major customers, their demands, requirements and competitors are discussed. Apart from that, the major behavior of the market from the point of view of global supply and annual demand are elaborated upon. Often the marketing policy that is going to be followed is also mentioned.

Products and Services
The products and services of the company, their quality and their reputation are to be mentioned. The pricing policy of such products is also to be mentioned. The logic behind such a pricing can also be included in the financial aspects of the plan.

Organization and Management
The next aspect that is to be covered is the management of the company, key people, code of conduct, departments and wings are discussed. This aspect is to be covered very carefully if the plan is being used to brief job applicants.

Template for Drafting a Business Plan

The following is a brief business plan template that you can print out and use as per your specifications.


Company's Name, Address and Usual Letter Head


Executive Summary
________________________________________________________________
________________________________________________________________

Business Description
Year of Foundation:
Current Activities:

Background of Current Activities and Projects
________________________________________________________________
________________________________________________________________

Summary of the Goal
________________________________________________________________
________________________________________________________________

Market

Current Market Description
________________________________________________________________
________________________________________________________________

Proposed Market Description
________________________________________________________________
________________________________________________________________

Market Research
________________________________________________________________
________________________________________________________________

Economic and Financial Specifications
________________________________________________________________
________________________________________________________________

Products and Services

General Product Description
________________________________________________________________
________________________________________________________________

Technical Product Description
________________________________________________________________
________________________________________________________________

Production Description
________________________________________________________________
________________________________________________________________

Financial Specifications
________________________________________________________________
________________________________________________________________

Organization and Management

Organizational Structure
________________________________________________________________
________________________________________________________________

Key Personnel
________________________________________________________________
________________________________________________________________

Creditors
________________________________________________________________
________________________________________________________________

Investors
________________________________________________________________
________________________________________________________________

Concluding Remarks


You may also add some more factors to on this according to the requirements and specifications of your company. Business writing that is viewed by the outside world is important and is basically a depiction of the company's business plan outline, hence make it impressive.
By
Published: 6/30/2010
Like This Article?
Follow:
Post Comment
Your Comments:
Your Name: