CREATE A BUSINESS PLAN


 Sample Business Plans  Be careful, many samples are not suited for you.
 Business Plan Calculators
 Sample Cash Flow in Excel  - Must be created to fit your business.   
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Video Advice on Creating a Business Plan - You don't need to buy product sold here.  Follow the advice and use MS Word and Excel Spreadsheet.  The Sample Cash Flow shown above if done properly, is sufficient for the financials.  Have your CPA review the plan and work with the tax consequences.  We help clients greatly with business plan creation.  An appointment is required.
Services are free and confidential.


4 Key Items Your Have in Your Plan

  1. A complete description of your company that reader will fully understand.
  2. A financial model.  Start-up costs.  Financial Assumptions – Your $$$ investment and the amount you need to borrow or get from investors.
  3. What are your milestones.  Stepping stones to success.
  4. Why are you uniquely qualified to succeed.
Include in the Appendix at the end all the research material, resumes, etc.



SCORE offers a wealth of templates for your use.

Here is the link for Business Plan Templates.

New Features in Excel  2013 video

Full Detail of Excel 2013 Features

SPREADSHEETS FOR BUSINESS DECISIONS

Business Planning & Financial Statements Template Gallery



Bplans 
May 22, 2014 


How to write a mission statement in 5 easy steps 
by Tim Berry 
How do you make sure your company's mission statement isn't a stereotypically awful one? Over the decades I've spent reading, writing, and evaluating business plans, I've come up with a process for developing a useful mission statement, and it boils down to five steps. Read more »
 

Why introverts make great entrepreneurs 
by Brian Eckert 
Most people wouldn't assume introverts are the type to thrive in the fast-paced, aggressive business world. This thinking, however, is quickly changing. Read more »
 

6 reasons your business will fail (and how to avoid them) 
by Mike Kamo 
Only half of new businesses survive for the first five years, and only one-third of new businesses are able to survive for 10 years. What gives? Well, the businesses that aren't making it are failing for six avoidable reasons.Read more » 

If there's anything I can do for you, just let me know @MommyCEO. 

All the best, Sabrina Parsons

CEO, Palo Alto Software

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SIMPLE  BUSINESS PLAN    Outline/Overview


A less complicated format for a business plan.  The key focus of any business plan is the existence of a market and how the company will attract that market for revenue generation.  The marketing section of the plan validates the existence of a core market and quantifies the revenue generation.  Without this you have nothing.
 The KIS (Keep it Simple) Business Plan
I. Executive Summary  Keep It Short!
One and a half pages, emphasizing your professional (as well as other principals in the business), the business concept, products, customer base, marketing, approach, competition and past (if any) or projected (realistic) sales income.  What contingencies do you have if the plan fails?
State how much money you need to borrow ( if any)?  How much money is being put up by principals and/or others?  What is the role of the others in the business?  What is your collateral and its appraised market value?  How do you plan to pay back the loan?
 II. Business Profile
One page that states: Legal structure of the business (e.g., proprietorship, subchapter, S. corporation, etc.) as well as the educational and professional backgrounds of management and principal stakeholders.  Brief history of the company (if any) and /or related history of principals.  List the company banker, accountant, and legal counsel, industry, or government regulations that impact your operation.  Include an organization chart ( on separate page, if necessary).
 III. Market Place   Product/Service, Price, Place, and Promotion
Write a primary objective that is both quantitative and qualitative and can be reasonably accomplished in a given time frame, What makes the product/service desirable? Develop strategies that cover the four P’s of marketing above. Market analysis should cover both sales and industry market potential in both dollars and volume. Describe, in some detail, the features and benefits of the product/service, competitors and customers.  Sales forecasts or revenue should be conservative. and tied closely to available resources and justifiable.
 IV. Financial Statements
Start-Up costs: licenses, equipment, inventory, remodeling, deposits, etc.  SHow a break-even analysis: how many units must be sold to cover fixed and variable costs. Current personal balance sheet should show: assets, liabilities, and net worth.  Include past personal/business income statements for the past three years.  Produce pro-forma income statments: anticipateed sales, expenses, and net profit or loss projected over the next three years.  Pro-forma balance sheets should cover: anticipated assets, liabilities and net worth of business.


“WHEN COMPLETED WE WILL REVIEW YOUR BUSINESS PLAN DRAFT AND WE WILL HELP YOU COMPLETE IT