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Explain why the student should or should not pursue the business venture at this time (or why or why not the client business should pursue the path under investigation).

Content and Organization of the Business Plan Project

Title Page
The title page is not numbered.

Table of Contents
This table is also numbered with lower case Roman numerals.

Executive Summary
The purpose of an Executive Summary is to write a brief description of your plan that allows the reader to gain the essence of the entire plan in less than two pages. It is intended to give a busy executive the key information and lead the reader to the sections that will answer the executive’s primary questions. It is not an introduction to the plan, as you may have written in typical papers. This Executive Summary, although positioned first in the project, should actually be written last. In this way you know what you are summarizing. Writing it earlier will cause it to tend towards a traditional introduction.

This section begins the Arabic numbering of pages, beginning with “1.”

The Business Plan Project
The Business Plan must include the following topics. Various Business Plans organize this information in different orders but this content must be included. Chose an outline that most effectively builds the argument that this project is viable and has an acceptable risk.

 Introduction
 Purpose of the plan (attract investors, diversification, etc.)
 Introduction to market opportunity
 The Company

 Market
 Industry Overview
 The history of the industry
 Size of the Industry
 Industry Evolution
 The trend-Where the industry is expected to be in 5 or 10 years
 The key players in the industry
 Barriers to entering the market
 Competition strengths and weaknesses
 Product and Industry Life Cycles
 How does the position in the Product Life Cycle affect this business plan?
 How does the position in the Industry Life Cycle affect this business plan?
 Target market
 What is the unsatisfied need that creates the business opportunity?
 Major characteristics of the target market (what does the customer look like?)
 What is the demand of this target market?
 What are total sales to this market in geographic area?
 What are total sales expected in 5 years? In 10 years?
 What percentage of this demand does this business expect to capture?
 Product or Service Research and Development

 Environmental scan
 Significant factors in the macro environment
 Nature of the competition
 Clear statement of the opportunities and threats

 Company Description (proposed new organization)
 Type of Business and Legal Structure, e.g., LLC, sole proprietorship
 Mission and Objectives
 Distinctive Core Competencies

 Management and Ownership
 Board of directors and Rationale for Members
 Management staff structure
 Key managers
 Future Additions to the Current Management Team

 Marketing Activities
 Overall Marketing Strategy
 Specific marketing mix
 Strengths and weaknesses in ability to satisfy target market needs

 Products and Services
 Detailed Product/Service Description
 Product Life Cycle
 Copyrights, Patents, and Intellectual Property Rights
 Research and Development Activities

 Risk Management
 Loss Control
 Retention of Personnel
 Insurance

 Operations
 Production and Service Delivery Procedures
 Supply Chain

 Financial Analysis
 Funds required and their uses
 Current funding requirements
 Funding requirements over the next three years
 Use of funds

 Financial statements for first 3 years (monthly first year and annually for years 2 &3) (may use template)
 Income statements
 Balance sheets
 Cash flow statements
 Determine capital requirements

Conclusions and Recommendations
 Conclude whether or not it is a viable business venture ( or a viable business/strategic path for the client company
 Explain why the student should or should not pursue the business venture at this time (or why or why not the client business should pursue the path under investigation)

References
This section continues with the Arabic numbering of pages. Only sources of information that have actually been cited in the project are included here.