Tag: Plan

Business Plan Executive Summary #investment #news

#sba business plan

#

The executive summary is often considered the most important section of a business plan. This section briefly tells your reader where your company is, where you want to take it, and why your business idea will be successful. If you are seeking financing, the executive summary is also your first opportunity to grab a potential investor’s interest.

The executive summary should highlight the strengths of your overall plan and therefore be the last section you write. However, it usually appears first in your business plan document.

What to Include in Your Executive Summary

Below are several key points that your executive summary should include based on the stage of your business.

If You Are an Established Business

If you are an established business, be sure to include the following information:

  • The Mission Statement – This explains what your business is all about. It should be between several sentences and a paragraph.
  • Company Information – Include a short statement that covers when your business was formed, the names of the founders and their roles, your number of employees, and your business location(s).
  • Growth Highlights – Include examples of company growth, such as financial or market highlights (for example, “XYZ Firm increased profit margins and market share year-over-year since its foundation). Graphs and charts can be helpful in this section.
  • Your Products/Services — Briefly describe the products or services you provide.
  • Financial Information – If you are seeking financing, include any information about your current bank and investors.
  • Summarize future plans – Explain where you would like to take your business.

With the exception of the mission statement, all of the information in the executive summary should be covered in a concise fashion and kept to one page. The executive summary is the first part of your business plan many people will see, so each word should count.

If You Are a Startup or New Business

If you are just starting a business, you won’t have as much information as an established company. Instead, focus on your experience and background as well as the decisions that led you to start this particular enterprise.

Demonstrate that you have done thorough market analysis. Include information about a need or gap in your target market, and how your particular solutions can fill it. Convince the reader that you can succeed in your target market, then address your future plans.

Remember, your Executive Summary will be the last thing you write. So the first section of the business plan that you will tackle is the Company Description section.





Tags : , , ,

Writing business plan examples #business #catalyst

#business plan examples

#

Writing business plan examples

GO TO PAGE

7 Steps to Writing a Basic Business Plan

Writing a Business Plan Georgia State SBDC 4 Ten Ways to Ruin Your Business Plan These errors in business plan preparation and presentation will undermine the

GO TO PAGE

How to Write a Great Business Plan – Harvard Business

From real business plan examples, to financial spreadsheets and templates, Business Plan Examples has EVERYTHING you need to write the perfect business plan.

GO TO PAGE

Business Plan Examples Templates | How To Write

Looking to write a business plan? Have a look through our many free sample business plans!

GO TO PAGE

How to Write a Great Business Plan: Overview and Objectives

Writing a business plan is a vital first step when starting a business, in order to set out your proposition, your market, customers and competitors.

GO TO PAGE

How to Write a Business Plan (Ultimate Step-by-Step

7 Steps to Writing a Basic Business Plan Below are the basic steps to writing a good business plan Using the home painting business as an example,

GO TO PAGE

Business Plan Outline

Learn how to write a business plan for your retail store, why writing a business plan is necessary, purchase business plan software and view free sample retail

Session 2: The Business Plan – My Own Business, Inc.

17.02.2011 Video embedded Business plan Guide can found here http://www.StartMeUpRyerson.com/video Writing a business plan can be …

GO TO PAGE

How To Write a Business Plan | Small Business BC

03.09.2012 Business Plan Sample – Great Example For Anyone Writing a Business Plan 1. “Company A” Limited – Business Plan Commentary Business Plan – EXAMPLE

GO TO PAGE

BusinessPlans.Com Your Resource For A Business Plan

Sample business plans from around the Web. Resources to sample business plans for writing a business plan. Learn everything you need to know about how to write a

ERP SAP Business one

16.06.2016 A business plan is your roadmap to success. Here are a few key tips for writing a good one.

GO TO PAGE

Business Plan: Writing Plans with Free Sample

For example, your cash flow Start-up entrepreneurs often have difficulty writing out business plans. Prepare a complete business plan for any business you are

GO TO PAGE

Sequoia – Writing a Business Plan

19.12.2015 How to Write a Basic Business Plan. No matter your business idea, whether it’s selling jewelry, landscaping or grooming animals, a business plan is a …

GO TO PAGE

Business Plan. Examples and Best Practices of Business

Writing a business plan can be a challenge but it doesn’t have to seem like work. Getting started is half the battle and finding a good template that you can use as

GO TO PAGE

Business Plan Center with a Library of Real Business Plans

Many people in business do not have the proper writing skills to convey their expertise and ideas in written form with accuracy. Read our business writing samples to

Business Plan Examples – Business Plan Examples

Your Business Plan Before a lending organisation will even consider financing your start-up small business venture, More than just a business-plan writing aid,

GO TO PAGE

Business Plans – Write a Business Plan – About.com

Writing a Business Plan Team Sequoia. We like business plans that present a lot of information in as few words as possible. The following business plan format,

GO TO PAGE

Sample Business Plans – My Own Business Inc

Purpose of a Business Plan A business plan describes the venture that you will create to exploit a concept. You are telling a story about your creation that will

GO TO PAGE

Your Business Plan – Sanlam

Writing a Business Plan. For example, a business plan for a non-profit might discuss the fit between the business plan and the organization Writing the plan

GO TO PAGE

How to Write a Summary Business Plan | Inc.com

Free Sample Business Plan Examples Table Of Contents. Statement of Funding Proceeds ; Executive Summary ; Description Of The Business ; The Market ; …

Elements of a Successful Business Plan

Alphabetized list of free business plan templates to help start a business, service of US Small Business Administration Small Business Development Center





Tags : , , ,

Fine Dining Restaurant Business Plan Sample – Executive Summary #new #business #loan

#restaurant business plan

#

Fine Dining Restaurant Business Plan

Executive Summary

Gabri’s Lounge Restaurant is a 60 seat fine-dining restaurant with a 20 seat lounge. We focus on our New American-Swedish menu with a touch of Asian influence.

We will be located in the booming, and rapidly expanding, borough of Long Branch, New Jersey ‘on the shore.’

The outlook for the future of Long Branch is promising. Developers are recreating a $150 million first-class resort project. The old pier will be rebuilt with ferry service to Manhattan, New York City, beach cabanas, boardwalk and a bike path over a total of 25 acres. There will be 100,000 sq. ft. of commercial space, and over 700 residential units with condo and townhouses ranging from $200,000-$500,000; rentals from $1000-$2,500 a month, and a two-tier garage. The combination of these elements will provide the city with a year-round economy.

The area is in need of a warm and friendly place with excellent food. A place where you always know you will get the best of everything. Gabri’s Lounge Restaurant will feature a cozy dining room and an elegant lounge. Comfortable furnishings and decor with soothing warm tones. The lounge has comfy couches and antique love seats with a softly lit bar. It will be the perfect place to stop in for a bite to eat, for a drink or for a small business meeting. For extra comfort and to please a large group of people we will make up special hors d’ oeuvre platters for customers.

The menu will be inspired from different countries’ specialties and appeal to a diverse clientele. You can get Swedish specialties like herring, gravlax and meatballs, or you can go a little bit more International and choose a red curry chicken with basmati rice, or an Asian grilled shrimp with spinach, tofu and black bean sauce. We will also have a special pasta dish entree every day plus the ‘all American meal’ such as barbecue beef ribs and baked beans. Adding value will be an interesting business lunch menu with specialties every day. The menu will change every 3-4 months but keep the favorites. Prices will be competitive with other upscale restaurants in the area. However, it is the strategy of Gabri’s Lounge Restaurant to give a perception of higher value than its competitors, through its food, service and entertainment.

The lounge and restaurant will be open seven days a week. We will offer special theme nights to attract new customers to Gabri’s. The restaurant will be fine dining in a cozy atmosphere. Warm colors, fresh flowers, soft music, candles and amazing artwork from some of the areas most notable new artists. This will contribute to a sense of community and give new artists a chance to show their work for a diverse clientele. During the busy summer months you can also sit outside on our patio and we will offer a special summer menu, featuring lighter fare, exotic drinks, as well as non-alcoholic offerings. The patio and garden setting will be a fun and casual atmosphere for the summer crowd.

The service will be relaxed, very friendly and correct. We will hire the best people available, training, motivating and encourage them, and thereby retaining the friendliest most efficient staff possible. Our management team is comprised of individuals whose backgrounds consist of 50 years experience in food, restaurant and hotel, catering, management, finance, marketing, art and motion pictures.

Catering will be a major part of the business. “Leave it to Linda Catering” already has an established clientele and we are growing each and every day. We feel in today’s hectic work schedule customers don’t always have time to set up that birthday party or other event that we all need and want. Now customers can leave it to pros and get the finest, most memorable party or dinner ever. We have years of experience in the catering business and know what an important client wants and needs. We will have a large International menu for customers to select from, and we will offer full catering service providing everything from table settings to the dessert. We anticipate our total sales allocation to be 85% restaurant sales and 15% catering sales. The combined cost of sales will be 33% producing a gross profit of 67% on total sales.

Most important to us is our financial success and we believe this will be achieved by offering high-quality service and excellent food with an interesting twist. We have created financial projections based on our experience and knowledge of the area. With a start-up expenditure of $385,000 we can generate $1,085,465 in sales by the end of year two, and produce good net profits by the end of year three.

We are seeking an SBA 7(A) loan guaranty for $200,000 with a 7% interest rate. We are investing $60,000 of our own capital and seeking to raise an additional $125,000 from investors. Our preferred instrument will be five year subordinated notes with an attractive coupon rate of 12% for the first two years and 15% for the remaining three years. At the end of five years the investors’ notes will have matured and original principal plus a 2% premium and the final interest payment will be made. Our investor philosophy is conservative. Since restaurant start-ups are so speculative our belief and commitment to our investors will be to pay a generous, predictable rate of return while not strangling our operational cash flow. As our business becomes more established and reliable, our ability to pay an improved return of capital will be evidenced by an increased coupon rate of 15% of original principal. At maturity we feel it proper to retire the notes with a 2% premium to original principal invested.

1.1 Mission

Gabri’s is a great place to eat, combining an intriguing atmosphere with excellent, interesting food. The mission is not only to have great tasting food, but have efficient and friendly service because customer satisfaction is paramount. We want to be the restaurant choice for all families and singles, young and old, male or female. Employee welfare will be equally important to our success. Everyone will be treated fairly and with the utmost respect. We want our employees to feel a part of the success of Gabri’s Lounge and Restaurant. Happy employees make happy guests.

We will combine menu variety, atmosphere, ambiance, special theme nights and a friendly staff to create a sense of ‘place’ in order to reach our goal of over all value in the dining/entertainment experience. We want fair profits for the owners, and a rewarding place to work for the employees.

1.2 Objectives

Gabri’s Lounge Restaurant’s objectives for the first three years of operation includes:

  • Keeping food cost under 35% revenue.
  • Keeping employee labor cost between 24-29% of revenue.
  • Stay as a small restaurant with excellent food and service.
  • Averaging sales between $1,000,000-1,500,000 per year.
  • Promote and expand Leave it to Linda Catering in New Jersey New York City.
  • Expand our marketing and advertising in New Jersey and New York.
  • Achieve 12% return on investment to investors for the first two years and 15% for the next three years.

Need actual charts?

We recommend using LivePlan as the easiest way to create graphs for your own business plan.

1.3 Keys to Success

  • The creation of a unique and innovative fine dining atmosphere will differentiate us from the competition. The restaurant will stand out from the other restaurants in the area because of the unique design and decor. We will offer a fine dining experience in a cozy atmosphere.
  • Product quality. Not only great food but great service and atmosphere.
  • The menu will appeal to a wide and varied clientele. It is International with an interesting twist.
  • We will have special theme nights like restaurant nights, local artist’s openings, Easter dinners, Swedish Midsummer party, Fourth of July celebration, Labor Day weekend, wine tasting dinners, special ethnic food nights, and Swedish smörgåsbord. All this will attract a varied clientele to Gabri’s.
  • Leave it to Linda Catering already has an established clientele in the area.
  • Controlling costs at all times without exception.

Due to intense competition, restauranteurs must look for ways to differentiate their place of business in order to achieve and maintain a competitive advantage. The founders of Gabri’s realize this. With the re-development of Long Branch, it needs a place that will fit into the ‘new look’ of the community that is sophisticated and entertaining. The fact that no other restaurants in the area has this concept and atmosphere presents us with a window of opportunity and an entrance into a profitable niche in the market.

Your business plan can look as polished and professional as this sample plan. It’s fast and easy, with LivePlan.





Tags : , , , , , , , ,

Writing a business plan sample #funding #for #business

#business plan examples

#

Writing a business plan sample

GO TO PAGE

How to write a Business Plan – YouTube

28.05.2013 / Credit: Business Plan Image via Shutterstock. Great businesses start with great business plans. But actually sitting down to write a business plan may …

GO TO PAGE

Writing a Business Plan – Wikibooks, open books for an

Learn how to write a business plan for your retail store, why writing a business plan is necessary, purchase business plan software and view free sample retail

GO TO PAGE

How To Write A Business Plan – Forbes

19.12.2015 Edit Article How to Write a Basic Business Plan. Four Parts: Sample Business Plans Determining Your Goals Writing a Business Plan Getting Help …

GO TO PAGE

Writing a Business Plan | Scotiabank

Video embedded How to Write a Business Plan. Four Parts: Doing Your Homework Structuring Your Business Writing the Business Plan Sample Business Plans …

GO TO PAGE

How to Write a Basic Business Plan (with Sample Business

The “how to write a business plan” guide. Here are some of the most useful guides to writing a business plan. The Lloyds sample business plan provides

GO TO PAGE

Business Plan Samples Sample Business Plans

A Business Plan is crucial for starting and running your business successfully. Sample Business Plan General Business planning guide created by the Canadian

GO TO PAGE

Business Plan Sample – Great Example For Anyone Writing

Writing a Business Plan. From Wikibooks, open books for an open world. Writing the plan. This article explains what goes into a business plan and why.

GO TO PAGE

How to Write a Small Farm Business Plan

Writing A Music Business Plan That Works by Peter Spellman, Director, Music Business Solutions. One thing I would never do is invite friends to Boston without first

Business Plan Examples Templates | How To Write

Guide To. Writing A. Business Plan Study these documents carefully when writing your business plan, Sample Business Plan Outline. 1.

GO TO PAGE

ERP SAP Business one

Sample Business Plan This sample business plan is intended to provide you with a template that can be used as a reference for when you Business Development:

Writing a Business Plan: Software, Services Samples

guide to writing a business plan business plan idea marketing business name: finances contact: Business Plan Guide Template Compliments of www.bizkids.com

GO TO PAGE

Sample Photography Business Plan

30.10.2015 Business Plan Writing; Business Plan Samples; How to Write a Simple Business Plan. Starting a Business; Business Plan Writing;

GO TO PAGE

Keep it Simple: How to Write a One Page Business Plan

Get Growing for Business; Writing a Business Plan. Business Plan Guide. Succession Planning; Start writing your business plan. Try our Scotia Plan Writer for

GO TO PAGE

Retail Business Plans – Software – Samples – How To Write

Video embedded How to Write a One Page Business Plan. business plan sample to see is the option of writing a longer, more detailed business plan

GO TO PAGE

Free Online Business Plan Writing App. Free, Fast – Enloop

Outline for a Business Plan A proven approach for entrepreneurs only This booklet presents a generalized outline for writing a business plan.

GO TO PAGE

Business Plans – Write a Business Plan – Sample Business Plans

HOW TO WRITE A BUSINESS PLAN A sample statement of purpose. When writing your business plan be sure that your production plan

GO TO PAGE

Business Plan Center with a Library of Real Business Plans

Build Your Business Plan; Blogs on Starting a Business; A business plan is an essential roadmap for business success. Writing Effective Job Descriptions;

GO TO PAGE

Business Plan for a Startup Business July – c.ymcdn.com

Writing a Business Plan. Getting Started. Incorporate Now; Business Startup Wizard; Limited Liability Company (LLC) Check out these FREE sample business plans.

GO TO PAGE

How to Write a Summary Business Plan | Inc.com

MARKETING PLAN VERSUS BUSINESS PLAN Of course, firms consider more than marketing when they make plans and there- When writing a marketing plan,

GO TO PAGE

Outline for a Business Plan – Harvard University

AcademicHelp.net Writing Samples Business Writing Samples Business Plan Proposal read our business plan proposal samples to see how they are correctly …

GO TO PAGE

How to Write a Simple Business Plan – About.com Money

Business Plan Samples tax problems, legal issues, financials, writing a business plan and Receive a FREE score of your business plan from a top business

GO TO PAGE

Business Plan Template – Create a Free Business Plan

Create an investment-worthy business plan Click here to download a plan with sample text. Related Business How to Write a Business Plan. Writing a business

GO TO PAGE

How to Write a Business Plan – Writing a Business Plan

03.12.2013 Your business plan gives lenders and investors the information they need to determine whether or not they should consider your company.

GO TO PAGE

Writing a Business Plan – United States Department of

15.10.2010 Video embedded *Now Updated and Ready for 2016! http://www.business-plan-examples.com Business Plan Examples Templates | How To Write A writing a business plan

Writing a Business Plan Cover Letter (with Example

16.06.2016 A business plan is your roadmap to success. Here are a few key tips for writing a good one.

GO TO PAGE

HOW TO WRITE A BUSINESS PLAN – SBA.gov

The Business Plan format is a systematic assessment of all the factors critical to your business purpose and goals. Here are some suggested topics you can tailor into

GO TO PAGE

Elements of a Successful Business Plan

Why Business Plans Don’t Get Funded Your business plan is very often the first impression potential investors get about your venture. But even if you have a great





Tags : , , , ,

Using a business continuity plan template: A free business continuity template and guide #business #logo

#business continuity plan

#

Using a business continuity plan template: A free business continuity template and guide

FREE DOWNLOAD:

SearchDisasterRecovery’s business continuity template

For many professionals, these steps present a formidable challenge. To make the process easier, people seek out alternatives, such as software, templates, checklists, or consultants. While each of these options can build a plan and its associated program elements, too often these tools are used to get something done quickly. Typically, the process involves some data gathering and interviewing, followed by a fill-in-the-blanks process that somehow magically creates a finished product.

SearchDisasterRecovery.com has created a free downloadable business continuity template to assist you in your business continuity planning. Download and print out our template, and then read the step-by-step guide below to create a successful business continuity plan .

A GUIDE TO USING OUR BUSINESS CONTINUITY TEMPLATE

Here’s a look a the structure and content of the template, indicating key issues to address and activities to perform.

  • Initial data: If you have identified various people to contact in an incident, locate their contact information at the front of the plan, so you won’t have to waste valuable seconds paging through a lengthy document.
  • Revision management: Have a page that reflects your change management process.
  • Purpose and scope (Sections 1.1 through 1.6): Provide details on these attributes, as well as assumptions, team descriptions, a list of terms, and other background information.
  • How to use the plan (Sections 1.7.1 through 1.7.4): Provide information on circumstances under which the plan will be activated, including outage time frames, who declares a disaster, and who should be contacted on this situation.
  • Provide policy information (Section 1.7.5): this is a good place to use standards documents as references.
  • Emergency response and management (Section 1.7.6): Specify situations in which the plan is to be activated and response procedures.
  • Use step-by-step procedures (Sections 1.7.7 through 1.7.10): These are easier to follow than broad general statements such as relocate to alternate building that require considerable details to work properly.
  • Describe how often the plan is to be reviewed and updated, and by whom (Section 1.8).
  • Assuming a situation has occurred, Section 2 provides steps to take to address it; these can be in the form of checklists (useful to keep track of scheduled and completed tasks) and flow diagrams that provide a high-level view of response and recovery.
  • Information needs to be gathered before officially declaring a disaster; this includes damage assessment data and first-hand reports from staff and first responders; convene meetings as needed with key emergency team members to evaluate the facts before proceeding to a declaration.
  • Section 3 addresses actions to take when it becomes obvious that management needs to declare a disaster. A damage assessment can be initiated either before or after the declaration; it is up to company management.
  • Section 4 provides detailed instructions on recovering operations, relocating to an alternate site and related activities.
  • Detailed appendices are provided in Section 5; these include lists and contact details on all emergency teams, primary and alternate vendors, alternate work space locations. and other relevant information. It is very important to keep this information up to date.
  • Additional forms can be found in Appendix 5.7; these should be developed in advance, validated by exercising (as is the entire plan) and kept in a ready-to-use format.

GENERAL BUSINESS CONTINUITY PLANNING TIPS

Here’s a checklist of things to keep in mind during business continuity planning:

  • Take the process seriously. If you want to protect your business from unplanned events that could disrupt operations, create a plan. It doesn’t have to be hundreds of pages long. It just needs the right information, and that information should be current and accurate.
  • Use disaster recovery/business continuity standards as a starting point. Almost two dozen business continuity standards are available worldwide. In the U.S. several options are currently in use:
    1. NFPA 1600 (the current U.S. national standard)
    2. BSI BS 25999 (the British standard)
    3. FFIEC Business Continuity Handbook (used by the banking and finance sectors)
    4. DRII/DRJ Generally Accepted Principles (GAP)
  • Keep it simple. Less can definitely be more in this situation, unless the user is primarily a technology-based group, such as IT.
  • Limit content to actual disaster response actions. Assuming you are creating a plan to respond to specific incidents, include only the information needed for the response and subsequent recovery.
  • Make it happen. Once the business continuity plan is complete, exercise it to ensure that the documented procedures make sense in the sequence indicated.
  • Be flexible. A single template may not be universally applicable to all department and/or locations in your organization; consider other templates, software or consultants.

The keys to a creating a successful business continuity plan are to define step-by-step procedures for response and recovery, validate these activities through periodic exercising, and maintain the plan and its various components up to date.

More business continuity template resources

About this author:
Paul F. Kirvan, FBCI, CBCP, CISSP, has more than 20 years experience in business continuity management as a consultant, author and educator. He is also secretary of the Business Continuity Institute USA Chapter.

This was first published in April 2009





Tags : , , , , , , , ,

The 8 Essential Elements of an Annual New Business Plan #start #up #business #loan

#new business plan

#

The 8 Essential Elements of an Annual New Business Plan

The job of an agency new business professional is akin to organizing chaos dictated by demanding pitch schedules. Compounding this, Q4 often brings a flurry of pitch activity known to ruin many a Thanksgiving or Christmas holiday.

And while all this activity helps to fill the pipeline, the timing is unfortunate because it distracts you from the type of reflection and planning that are so important to setting you up for success for the next year or quarter.

I know. It’s tough to add another project to your already overwhelming to-do list, but I urge you to make time to write your new business and marketing plan for 2016. Here are some reasons why it’s well worth squeezing it into your 12-hour days:

  • It’s the best way to measure your success. And I’m referring to the collective “you” here because it takes the entire agency to make new business efforts effective. An annual plan not only sets expectations for you but also for others at the agency who need to contribute to the agency’s success.
  • You’ll learn a lot! It gives you an opportunity to reflect on the past 12 months and accurately set projections for the year ahead.
  • It sheds some light on what the heck you do at your agency. For those who are not routinely involved in new business, it can seem like a black hole of mystery. Sharing your plan — whether to an executive committee, department heads, or even the entire staff — adds clarity and gives everyone something to aim for.
  • Your boss will be impressed. Don’t wait to be asked. Get on your CEO’s schedule to review your outline and discuss your intentions for putting this plan together.

Sometimes the hardest part is getting started, so I’m going to get the ball rolling for you by giving you a basic outline to follow.

8 Elements to Include in Your New Business Plan

1) Executive Summary

This has to be written last, but it should always come first. By starting with a smart, concise summary, you’re showing the same kind of respect for your audience’s time and attention as you would if this were a RFP response.

2) The Team

Define the new business and marketing ecosystem at your agency. Who’s on your team, and what do they do? How did you grow this year, and how are you planning to grow next year? Do you need to hire to achieve your new goals? What kind of operational efficiencies did you introduce?

3) Performance

Analyzing the past year will help you better forecast the year ahead. Where are your opportunities coming from? How many pitches did you participate in? Were they the right ones (in terms of revenue, cultural fit, creative opportunity, etc.)? Did you wait for requests to come to you, or were you more proactive? As you answer these, you’ll start to see a profile emerge that will help you make better decisions about what to pursue and what to decline next year.

4) The Marketplace

What kind of trends are you seeing? Think about things like the trend towards project work versus AOR assignments. How does your agency need to adjust to stay competitive? Who are your competitors now? What agencies do you want to be competing against a year from now?

5) Revenue Goals

Crunch the numbers. Based on your historical win rate, how many pitches do you need to be in to meet your numbers? How much can you rely on organic growth? How much do you need to focus on proactive prospecting? Don’t do this in a vacuum; spend time with your CFO and CEO to make sure you are managing their expectations as well as integrating corporate financial goals into your plan.

6) Meeting Those Goals

This is a biggie and probably where you’ll need to sink most of your time. Dust off your selection criteria, and start doing your research. You want to determine the categories you’re best suited to pursue (and why) or refine your ideal client profile. and then use that to define a super-targeted list of prospects. Another important point to include in this section is the level of support you expect from your colleagues in other departments such as strategy, research, and design. What’s it going to take to make a compelling pitch to your prospects?

7) New Business Tools

What tools are you lacking to meet your goals? If you’re planning on doing a ton of personal outreach, you’ll want to invest in a good contact management database or CRM. an email program, a marketing automation tool, or other solutions. Maybe this is the year for a website redesign. Or, if you’re getting invited to the pitch but not making it past the first round, maybe you need to learn how to tell your story better and invest in rewriting your case studies and credentials.

8) PR and Marketing

How will your agency’s positioning serve you? Is it strong enough to differentiate you from your competition? Is it meaningful enough to inform your messaging? What kind of events should you attend? Speak at? Or do you create your own event? What kind of awards shows should you enter? Besides getting you mentioned in the usual suspects such as Ad Age and Adweek. what can your PR team do to get you exposure in vertical trade publications or at conferences?

This may seem like a daunting amount of work. That’s why you need to start planning it out now. It’s a little more daunting if this is the first time you’ve ever created a plan so know that it gets easier and easier each year.

I can’t promise a last-minute RFP won’t ruin your holiday season, but now it’s a lot less likely that your new business plan will.





Tags : , , , , , , , , ,

Business Plan Model – Business Plan Samples #cheap #business #insurance

#business plan model

#

By admin on May 19, 2016 Business Plan Outline

Business Plan Model. Get inspired with this gallery well over 500 example strategic business plans. Pick the category that s nearest for your own small business or industry, and examine an agenda you want. LivePlan includes all 500 sample plans, so that you can easily reference them when you are writing your personal plan.

Business Plan Model. A strategic business plan describes what your organization does. This written document states your company’s operational and financial targets for future years and just how it provides meet them. A company model describes where and how you decide to operate your organization. The model you select is detailed inside your strategic business plan.

Gallery of: Business Plan Model

Related Business Plan Model

Preschool Business Plan Nobody has access to a new crystal ball that can offer accurate predictions about how the restaurant.

Free Business Plan Outline Also format your plan for marketing straight to your customers or end users. These kinds of.

Event Planning Business Plan Sample. Every experienced investor knows that detailed economical projections for a new corporation are an act.

Business Plan Pdf, There has been a time when company plans were anything from 75 to 100 webpages in length.





Tags : , , , ,

Some analysts question whether Office Depot plan will rejuvenate company – Sun Sentinel #find #business

#office depot business

#

Some analysts question whether Office Depot plan will rejuvenate company

Office Depot plans to close 300 more stores

Office Depot announced Wednesday plans to close 300 more stores nationwide over three years. CEO Roland Smith said the company is making good progress despite the disruption from the year-and-a-half long merger attempt with Staples.

Office Depot announced Wednesday plans to close 300 more stores nationwide over three years. CEO Roland Smith said the company is “making good progress” despite the disruption from the year-and-a-half long merger attempt with Staples.

Marcia Heroux Pounds Contact Reporter

Office Depot stock gets bounce but long-term turnaround in question

One day after Office Depot CEO Roland Smith offered his first glimpse at how he intends to turn around the Boca Raton-based retailer, some industry analysts said they were, for the most part, not wowed by the plans.

They agreed, though, Smith had done what he had to do to boost Office Depot’s fallen stock.

Jefferies analyst Daniel Binder says Office Depot’s $250 million cost-savings plan, announced Wednesday, does little to really reinvent this company.

In his report on the retailer on Thursday, Binder said a second round of store closures 300 on top of the 400 already closed is, not surprisingly, part of the the new strategic plan.

Retail analyst David Marcotte said he also was not surprised by any of Smith’s cost-cutting or future plans. However, by initiating a dividend and announcing strategies that boosted the stock, Smith made a successful move to deal with investors in a very difficult market. At the end of the day, you have to take care of investors, Marcotte said.

Office Depot’s store of the future

Randy Vazquez / Sun Sentinel

Bethany Simpson, center, helps customers at the Office Depot in Margate on Wednesday. This location offers services such as professional printing and a business pro section that is designed to cater to business owners.

Bethany Simpson, center, helps customers at the Office Depot in Margate on Wednesday. This location offers services such as professional printing and a business pro section that is designed to cater to business owners.

(Randy Vazquez / Sun Sentinel)

Office Depot stock rose 6 percent on Wednesday and closed at $3.51, up 3 cents or 0.86 percent, on Thursday. The stock has a 52-week range of $3.11 to $8.09. In May, both Office Depot and Staples’ stocks plummeted after their failed merger.

Mike Baker, analyst with Deutsche Bank Research in New York, said in a report Thursday that Office Depot has a well thought-out and reasonable plan to improve their business trends. We think they are heading in the right direction.

Still, Deutsche maintains a hold on the stock because Office Depot continues to fight market-share losses that are leading to sales and profit declines. Jefferies also rates the stock a hold rating.

Beyond cost cutting, Office Depot also is launching Business Select, a special program to better serve small businesses; increasing its product line in janitorial and break-room supplies; and further investing in education-related sales.

Office Depot and Framingham-Mass.-based Staples ended their planned merger on May 16 after an 18-month challenge by regulators. A U. S. District Court judge gave the Federal Trade Commission a preliminary injunction to block the merger and Staples and Office Depot decided not to fight it.

Moving forward, Smith said one plan is to focus on smaller format stores with special services for small businesses and a curated selection of products. Four stores of the future have been rolled out, including one at 5500 W. Sample Road in Margate, he said.

Office Depot said it would expand the new format to 24 stores this year and 100 in 2017.

Marcotte said smaller stores are cheaper to run, with less labor, and easier to close if they don’t work out. The larger format stores that Office Depot currently has are expensive to close.

In its conference call Wednesday, Office Depot said it had expected a lower transfer rate of customers than the 30 percent it saw with the 400 stores it closed as of its second quarter.

While Office Depot swung to a quarterly profit compared with 2015’s second quarter loss, the retailer saw a 6 percent sales drop to $3.2 billion, compared with $3.4 billion in the same quarter in 2015.

Marcotte said rival Staples hasn’t instituted many changes since the merger failure, except dropping Staples Connect, its proprietary smart-home and office product. He said Staples already has smaller format stores.

Staples is scheduled to announce its second-quarter earnings on Aug. 17.

Longtime Staples CEO Ron Sargent stepped down June 14. Company veteran Shira Goodman was named interim CEO while executive recruiter Korn Ferry conducts a search for a permanent successor.

Office Depot lost one of its own top executives recently. Chief legal officer Elisa Garcia resigned, effective Aug. 17. Macy’s announced her appointment as its chief legal officer.





Tags : , , , , , , , , , , , ,

Bakery Business Plan Template – Download Free Sample #online #business #courses

#bakery business plan

#

Bakery Business Plan Template

PandaTip: The beginning of an executive summary for a bakery should encompass the story of how you conceived the idea for your business and lay out the vitals – the name of the creator, the basic location at which it will be located, etc. It is just important that your reader comes away from the first paragraph knowing the most basic information about your business and if someone asked what you were doing, they could accurately answer that question in a sentence. Next, you should highlight what separates your bakery from other bakeries. Is there a certain design theme you will have amongst your baked goods? Do you specialize in gourmet cupcakes? Whatever it is you are doing to differentiate yourself and become a talking point for your potential clientele is going to be the most important detail of your business. Make sure it is well thought out and articulated within your business plan. Location is always important for a bakery but if you are going to be in a city, your location may be of particular importance as foot traffic can be a huge boon for your business. Thus, this should be at the forefront of your executive summary – for instance, will you benefit from patrons visiting restaurants in the area? Anything else you can think of that is relevant, put it in there. The goal of your executive summary is to paint a picture for your reader in a concise package.

Additionally, if you are looking for funding, you may want to place something similar to the following at the bottom:

In order to fulfill our vision we will require [AMOUNT] in capital, which will be allocated roughly according to the following table:

If we are fully capitalized, we hope to be profitable by [TIME].

PandaTip: If you are looking to raise capital you need to justify what you are asking for, otherwise it is going to be difficult to raise what you need. Think it through and itemize exactly what you need. Be sure to make healthy estimates but stay within reality. The number one reason businesses fail is undercapitalization so this may be the most important analysis you make.

PandaTip: Who do you envision coming into your bakery? Is there a nearby college from which you hope to attract students? Are you hoping for spill-over from nearby coffee shops and restaurants? The possibilities are limitless, but get to know the town in which you are located and determine who is most likely to patronize a bakery. This is the starting point in formulating your marketing plan.

PandaTip: Depending where you open your bakery, there are a variety of possibilities for competitors. Your most obvious competitors will be local bakeries, but unless you are opening in a city, it is unlikely that there will be many in your area (or you should probably choose a different suburban location!). However, your greatest competition may be supermarkets, which typically have large bakery sections.

Our Specific Marketing Plan

PandaTip: Going back to the clientele you envisioned, picture who they are one more time and determine the best ways to reach them. Again, if they are college students, then you might consider a strategic partnership with an on-campus organization or offer to sponsor a small event for free. Other possibilities are even strategic partnerships with nearby restaurants, delis, or the like. Someone might want a cupcake with their sandwich so you could offer a discount after purchasing a sandwich from the local deli. Be creative!

PandaTip: A bakery, more than perhaps any other type of food-serving business, is judged by its presentation. Make sure you have someone decorating your baked goods with an eye for aesthetics. There is no better way to separate yourself from those you are competing with than out-presenting them. It’s not likely that the local supermarket is employing a 5-star pastry decorator. Convey this not just through your words, but also through pictures. Don’t be shy about including tantalizing images of your decorated baked goods.

More than sweets, you may also offer breads or even items such as calzones. You should include a paragraph about each category you will offer but the important takeaway here is that you are including pictures of your products, no matter what they are.

PandaTip: This is where you start to get into the details of running your business behind the scenes. You will need to explain how you are getting your supplies, for what positions you need to hire, and other expenses that you have projected.

PandaTip: Describe from whom you will be ordering supplies and the arrangements that you have in place. In addition, for those suppliers you will need that you have not contracted with at the time of writing your business plan (and that may very well be every single one of them), describe the type of arrangement you will seek.

PandaTip: Managing the day-to-day of a bakery is an important task that will require the efforts of several different people no matter what type of bakery you are running. Discuss in this section, the number and type of employees that you will need, including details such as how many people need to be working during peak hours and how many will need to work in down hours.

PandaTip: Your jurisdiction may require that certain licenses be required to operate a food service business. If you have acquired them, you should include those that you have purchased, but if you have not and have identified those you will need, include those here as well.

PandaTip: You should make an effort to lay out your projected expenses with something like:

We expect our monthly outlay of expenses to approximate to the following:

This might be the most important part of your plan. You want to introduce to your reader the people behind the business. Include comprehensive profiles for your executive members (if you have any) your President, Treasurer, Head Chef, etc – and your Board of Directors. These profiles should have some flavor as well, while it is certainly vital to include information like education and experience, don’t be afraid to toss in some personal details, hobbies, family life, etc. Potential investors are going to feel more of a connection to a business if the human element is prevalent.

Edit & customize this template

Add images, videos, pricing tables, and more

Apply a document theme that fits your branding

Send it out, track opens and views

Sign and get it signed by your recipients

See also

Disclaimer

Nothing on this site shall be considered legal advice and no attorney-client relationship is established.





Tags : , , , , , , ,

Import Export Business Plan Sample – Executive Summary #hot #business #ideas

#import export business

#

Import Export Business Plan

Executive Summary

Introduction
It is the mission of Visigoth Imports to provide complete import/export brokerage services including purchase contracts, shipping, warehousing, and delivery scheduling. The company will concentrate on special and cultural imports from Germany and Scandinavia to the unique Bavarian town of Leavenworth, WA. Visigoth also plans to provide trade consultation services to newly started farms created under the Puget Consumers Co-op’s Farmland Fund initiative.

The Company
Visigoth Imports will be a limited liability partnership registered in the state of Delaware for tax purposes. Its founder is Mr. Frank Curtiss, a former master distributor with Fisher-Mills. Mr. Curtiss has brought together a highly respected group of individuals who are well versed in foreign trade processes.

The company has a limited number of private investors and does not plan to go public. The company has its main offices in Wenatchee, Washington. The facilities include conference rooms and office spaces. The company expects to begin offering its services in June.

The Services
Visigoth offers complete import/export brokerage services plus inventory consulting services. As mentioned previously, this includes the following:

  • Supplier/buyer identification
  • Purchasing, contracting and consulting
  • Shipping
  • Warehousing
  • Delivery

It must be noted that Visigoth does not posess any warehousing facilities and intends to outsource this particular service. We expect to earn revenues by charging a commission based on the value of goods moved per order.

The Market
Visigoth will be concentrating on servicing just two types of clients, the gift shops of Leavenworth, Washington, and the farmers of the Puget Consumers Co-op (PCC). For both market segments, we have secured exclusive contracts or endorsements putting us in a unique position to service these niche firms and their needs.

Profitability in these two markets is expected to be excellent, especially in the import section as Leavenworth draws in over a million tourists each year. We expect profitability in the co-op end to be much slower in the first five years of operation, but it too will increase steadily.

Financial Considerations
Start-up assets required include expenses and cash needed to support operations until revenues reach an acceptable level. Most of the company’s liabilities will come from outside private investors and management investment, however, we have obtained current borrowing from Bank of America Commercial Investments, the principal to be paid off in two years. A long-term loan through Charter Bank of Nieurich will be paid off in ten years.

The company expects to reach profitability in year 2 and does not anticipate any serious cash flow problems. We expect that about 3,500 units per month will guarantee a break-even point.

Need actual charts?

We recommend using LivePlan as the easiest way to create graphs for your own business plan.

1.1 Mission

It is the mission of Visigoth Imports to provide complete import/export consultation and brokerage services including purchase contracts, shipping, warehousing, and delivery. The company will concentrate on special and cultural imports from Germany and Scandinavia to the unique Bavarian town of Leavenworth, WA. Visigoth also plans to export apples and other produce by newly started farms created under the Puget Consumers Co-op’s Farmland Fund initiative.

It is our long-term goal to become the preferred import company for the unique tourist town of Leavenworth. Visigoth understands that the import shops and restaurants in Leavenworth have special needs of most unique gifts for the million tourists that visit the town annually. Visigoth Imports also understands that the newly launched farms of the PCC farmland fund initiative also have higher costs than most competitors and will need to export their produce at a cost that provides sufficient profit. Visigoth Imports has a combined 35 years of experience working in the import/export business. Our philosophy is in creating a long-term relationship with clients so that the delivery of their products becomes a seamless experience that promotes loyalty.

1.2 Keys to Success

Visigoth Imports’ keys to long-term and profitability are as follows:

  • Differentiate our services to our niche clients so that they realize that we are better able to serve their needs than a more generic competitor.
  • Keeping close contact with clients and establishing a well functioning long-term relationship with them to generate repeat business and create a top notch reputation.
  • Establish a comprehensive service experience for our clients that includes consultation, product/client search, purchasing contracts, warehousing, shipping, delivery, and follow up service analysis.

1.3 Objectives

The three year goals for Visigoth Imports are the following:

  • Achieve break-even by year 2.
  • Retain our long-term contracts with local import shops in Leavenworth, WA, through excellent customer service.
  • Become the premier importer of German and Scandinavian specialty products in Leavenworth, and become the prime exporter of apples and other produce for the farmers of the PCC Farmland Fund initiative.

Your business plan can look as polished and professional as this sample plan. It’s fast and easy, with LivePlan.





Tags : , , , , , , ,