Business Plan Form
Print off a copy of the form and fill it in accordingly.
Your Name: ______________________________________________
Your Company Name: ______________________________________________
Address:
______________________________________________
______________________________________________
______________________________________________
Telephone:
______________________________________________
Fax:
______________________________________________
A. EXECUTIVE SUMMARY
Note: Please complete section A last as it is a summary of the entire plan.
What is the current status of your business?
Explain your business venture.
Briefly describe the management team.
Summarize the financial projections and your financing needs.
B. THE COMPANY
Is the business currently in operation?
YES_____ NO______
If yes, when was your business founded?
How is your business structured? Circle One
Sole Proprietorship
Partnership
Corporation
Cooperative
If your business is a partnership, attach your partnership agreement.
If your business is a corporation, attach a list of officers with the % held.
If your business is a cooperative, explain the details on a separate page.
Describe your management team (include background, responsibilities and strengths/weaknesses). If possible, include personal resumes of owners and management.
List professional advisors if applicable (include names, addresses and phone numbers)
Accountant:
Lawyer:
Other:
Additional information that is relevant to your business (for this topic only):
C. PRODUCT OR SERVICE
What is your product or service? (You may choose to include materials such as engineering studies, brochures, photographs, designs, etc.)
What features or advantages will make customers want to buy your product?
What are the future prospects for your product/services?
Will economic, social, technological and regulatory trends affect your business? How?
Additional information on your product or service that is relevant to your business:
D. MARKET ANALYSIS
What is your target market?
What is the size of your trading area?
How often will customers purchase your product/services?
How do seasonal fluctuations play a role in your product/service?
What are the market trends and growth potential for your industry? Clearly state any assumptions you have made regarding trends in this market area.
Who is your competition? Where are they located?
What are your competitors' strengths and weaknesses? How do those strengths and weaknesses affect you?
What is the market share for each of your competitors? Estimate the percentage of sales you believe you can capture from your competition.
Additional information that is relevant to your market.
E. SALES AND MARKETING
How do you arrive at your selling price? What are your margins and mark-ups?
How does your price compare to that of the competition?
What are your costs of production?
How will you sell and distribute your product/service?
Where is your business located? Why did you choose this location?
How much advertising do you plan to do? How and where will you advertise? How often will you advertise? (Attach an advertising campaign if necessary)
Additional sales and marketing information that is relevant to your business (attach and additional sheet if necessary)
F. OPERATIONS
Describe the day to operations of your business. What are your hours of operation? Record keeping and bookkeeping routines?
Who are your main suppliers? How long have you been dealing with them? What are their credit terms?
Describe your facility (size, location, type of premises)
What labour skills are required for your line of work? Will you have to train employees? (If so, how much money will this cost?)
Do you need any special building, zoning health or license requirements? Explain.
Additional information that is relevant to your business.
G. FINANCIAL DATA
If your business is a new business, you will need to include the following data:
. Balance Sheet
. Projected Cash Flow Statement
If your business is expanding or if you are purchasing a business, you will need the following information:
. Three years worth of audited Income and Expense Statements
. Interim Income and Expense Statement no more than 45 days old
. Projected Cashflow Statement
. Balance Sheet
Attach copies of these statements to the back of the business plan.
H. INVESTMENT
What are your start-up or expansion costs? (Include a detailed breakdown on a esperate sheet or use the enclosed Start-Up Costs form)
How much capital do you have to invest in your business?
What amount of money do you need to borrow?
What will the money you borrow purchase?
What do you have to offer to secure a loan?
Do you require a line of credit? If so, how much?