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This document is a detailed guide on creating an effective business plan, including executive summary, self-analysis, financial projections, and presentation tips. It covers key business plan elements and sources of valuable information for entrepreneurs.
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Grading Criteria 300 pts!
Cover Page Add this at the bottom – This document contains confidential and proprietary information belonging exclusively to “insert your business name here”
Page #’s Table of Contents Bold Section Headings
Executive Summary The executive summary should include the most important information from each section of the business plan. executive summarya brief recounting of the key points contained in a business plan Generally no more than 1 page To save time, investors and lenders rely on the executive summary to help them decide whether the business plan is worth pursuing. Section 5.2 The Business Plan
II C. Self Analysis This section highlights your qualifications and those of any partners. You must describe how you have the capabilities to execute your business plan. Why are you (or your team) uniquely qualified to make this business successful? Explain your credentials (experience, motivation, plan to acquire any skills or training that you don’t already possess). Section 5.2 The Business Plan
Schedule of Start-up Costs The financial section presents forecasts for the future of the business, both in terms of start up costs required & project income potential. Section 5.2 The Business Plan
Projected Income Statement The financial section presents forecasts for the future of the business, both in terms of start up costs required & project income potential. Section 5.2 The Business Plan
Packaging and Presenting the Business Plan 1 Assemble the plan in a binder, report folder (or bind it) 2 Word process, using an easily readable 12-point type font. 3 Include all required sections; use bold section headings. 4 Use the company logo on the cover & top of every page. 5 Include a confidentiality statement on the cover page prohibiting copying of the plan. 6 Don’t forget to include a properly formatted bibliography. 7 You may also wish to include an appendix for supplemental work that is not included in the required outline. 8 Remember to include ALL rough drafts at the back. Section 5.2 The Business Plan 9
Sources of Business Plan Information Small Business Administration (SBA) Service Corps of Retired Executives (SCORE) Small Business Development Centers (SBDCs) Chamber of Commerce Mrs. Raaker’s Website Section 5.2 The Business Plan 10