Whether you are thinking about a new business, a new venture, or looking to grow your existing venture, having a good business plan should be a priority.
A good business plan is your blueprint to success and will effectively tell a great story that captivates the reader. Bank managers and venture capitalists see hundreds of business plans, and it is only those that captivate in the first few pages that will eventually get the nod of approval.
A good business plan will act as a guide for your management team and effectively communicate the company direction to staff. It should be seen as the logical framework within which a company can develop and pursue its 3-5 year growth strategies.
GBC can help you to develop this blueprint to success. Your report will include the following
1. Industry analysis including
- Size
- Growth potential
- Regulations that may affect you
2. A accurate detailed description of the company and the services, products that will be on offer
3. Entry and growth strategies
4. Market research and analysis including
- Customer and competitor analysis
- Market size and trends
- Creation of your competitive edge
- SWOT analysis
5. Sales forecasting
6. A Financial summary with projected 5 year profits
7. A Marketing Plan including
- Pricing strategies
- Promotional plans
- Positioning statements
8. A summary of your operational plan that will include your location, facilities, how your service will be delivered and how you will ensure the measurement of the quality of the service delivered.
9. A description of your management team and their strengths.
- Details of future planning for this team
10. An overall schedule for the establishment of your business or introduction of product or service
11. A contingency plan.
Developing a great Business Plan is the result of essential intensive interaction between all parties involved. Depending on the size of the project you should expect for the process to take between 50-100 hours.
The preparation time for writing this blueprint to success will be affected by the existence or lack of, a company Vision, Mission, and clear goals. If no marketing structure exists, and the basis for a marketing plan is required, this will further increase your preparation time and costs.
Click here for a free template on writing a business plan.
Click here for a sample business plan - PDF - Adobe Acrobat Reader 5.0