Business plan for company, • Projected 2-year profit and loss account and proposed 2 years cash flow forecasts including break even .
The following must be included in your business plan:
Your Proposed Future Business. – What is the product/service (i.e. provide a clear description)? What does it do? What innovations does your idea bring to the market? Appropriate intellectual property rights (IPR) in order to protect your business idea/enterprise, if applicable (10 %)
Customers – identify your target customers. B2B or B2C? Who are the end-users?
Who will buy your product/service? What is the USP (Unique selling proposition) of product/service? What customer needs does the product/service meet? The underpinning research for the target market and an evaluation of the businesses’ position in the market (10%)
Competitors – who are your competitors for the product/service? What market share do your competitors have? Why might your customers buy your product/service rather than that of the competitors? (15 %)
Skills analysis – what skills do you have for developing and taking your business idea forward? What skills do you need? How will you address any skills gaps that you might have? (10%)
Projected 2-year profit and loss account and proposed 2 years cash flow forecasts including break even (15%) excel to be created and inserted in the document as a picture, or included in appendix.
Finding, evaluating and selecting suitable sources of funding to grow the business opportunity (10%)
Your plans for obtaining your resources, both tangible and intangible between now and either 1-2 year ahead. This should include a breakdown of your start-up costs. (10%)
The type of organisation and the management information systems required to effectively control the business (10%)
Vision for your Business Idea what future does your business have? (5%)