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Business Plans
THE BUSINESS PLAN - BUSINESS PLAN OUTLINE Below is an outline for a business plan. Use this model as a guide when developing the business plan for your business.
Elements of a Business Plan
 | Cover sheet |
| Statement of purpose |
| Table of contents |
The Business
| Description of business |
| Marketing |
| Competition |
| Operating procedures |
| Personnel |
| Business insurance |
| Financial data |
Financial Data
| Loan applications |
| Capital equipment and supply list |
| Balance sheet |
| Breakeven analysis |
| Pro-forma income projections (profit & loss statements) |
| Three-year summary |
| Detail by month, first year |
| Detail by quarters, second and third years |
| Assumptions upon which projections were based |
| Pro-forma cash flow |
| Follow guidelines for letter E. |
| Supporting Documents |
| Tax returns of principals for last three years |
| Personal financial statement (all banks have these
forms) |
| In the case of a franchised business, a copy of
franchise contract and all supporting documents
provided by the franchisor. |
| Copy of proposed lease or purchase agreement for
building space |
| Copy of licenses and other legal documents |
| Copy of resumes of all principals |
| Copies of letters of intent from suppliers, etc. |
THE BUSINESS PLAN - WHAT IT INCLUDES
What goes in a business plan? This is an excellent question. And,
it is one that many new and potential small business owners should ask, but oftentimes don't ask. The body of the business plan can be divided into four distinct sections: 1) the description of the business, 2) the marketing plan, 3) the
financial management plan and 4) the management plan. Addenda to
the business plan should include the executive summary, supporting documents and financial projections. |
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