Intro to Business Plan Completion of Template_

Intro to Business Plan Completion of Template_ - BA 2020...

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Unformatted text preview: BA 2020 Business Plan What’s the value of a business plan? All lenders and investors require a business plan Key to conducting business in the international business marketplace Forces you to think through all aspects of your business idea Provides a guide throughout the life of a business Business Plan goals: Sell your idea! Present a clear and compelling strategy/vision Excite others to invest Things to “sell” Competitive Advantage Unique product/service Untapped Market Strong Management Team Compelling Marketing and Sales Strategy Promise of Returns Audiences for a Business Plan Funding Sources: Friends and Family Other investors Financial Institutions / Banks Angel Investors Venture Capital Business Plan Content: 8 Sections Executive Summary General Company Description Products and Services Marketing Plan Operational Plan Management and Organization Startup Expenses and Capitalization Financial Plan 1. Executive Summary General Company Description Products and Services Marketing Plan Operational Plan Management and Organization Startup Expenses and Capitalization Financial Plan The reader reads it first – but you write it last!The reader reads it first – but you write it last!...
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This note was uploaded on 03/24/2010 for the course BA 2020 taught by Professor Sheryllin during the Winter '10 term at Wayne State University.

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Intro to Business Plan Completion of Template_ - BA 2020...

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