5 Writing a Business Plan

5 Writing a Business Plan - 5 Writing a Business Plan GROUP...

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Click to edit Master subtitle style 8/23/11 5 Writing a Business Plan Genesis Labarca Yaunek Murray Leroy Presley Joney Ortiz Christopher Hague GROUP 9
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8/23/11 Internal Business Plan l An Internal Business plan helps the venture to be organized from the start. It should include the following: l Personal Objectives. l The product/service of your business.
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8/23/11 Plan of Action l Make assumptions on what it will take for… l Developing the technology l Market research l Recruiting people l Acquiring resources
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8/23/11 A living document l The business plan should be frequently checked and modified to suit the needs of the venture. l Budgeting and forecasting cash flow is important to the achievement of short-term goals. l The plan must be more formal when you are ready to solicit investors.
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8/23/11 The Shift: internal-external l A plan ready for external readers should be structured with the following: l company and management background l staffing structure l market (and market research) l manufacturing or production
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5 Writing a Business Plan - 5 Writing a Business Plan GROUP...

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