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Provenance 2013

Key components of the business plan. “The business model”. Key partnerships Investors Key accounts Advisors. Key resources / skills What do you need to make sure that you can keep servicing your customer. Channel How you plan to reach these customers / users. Customers

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Provenance 2013

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  1. Key components of the business plan “The business model” • Key partnerships • Investors • Key accounts • Advisors • Key resources / skills • What do you need to make sure that you can keep servicing your customer • Channel • How you plan to reach these customers / users • Customers • Who will use your product • Who will see value in it • Cost structure • What will it cost you to deliver these services • Revenue streams • For what will you charge and why they will pay you Provenance 2013

  2. Detailed Business Plan Template • Business • Company’s business (description short enough to fit on a business card) • Mission, Vision statement • Products • Product description • Development schedule • Differentiation (USP) • Price point • Process of manufacturing/ usage steps • Market • Target market/ market size • Trends • projected sizes • Product match to market definition • Marketing strategy Provenance 2013

  3. Detailed Business Plan Template • SWOT Analysis • Pricing Strategy • Distribution • Sales channels • Partnerships • Customers • Competition • Competitors • Competitive advantages • Team • Background of management • Board composition Provenance 2013

  4. Detailed Business Plan Template • Financials • Projected P&L (first two years by quarters) • Projected cash flow (first two years by quarters) • Projected head count by functional area (R&D, sales, marketing..etc) • Capitalization Schedule •  Some other documents (not mandatory) • IP declaration worksheet (if any) • Statement of infrastructure requirements (if any) • Statement of purpose (if any) • Timeframe required for incubation (if any) Provenance 2013

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