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Business Plan Format
The following format should provide a good overview of a prospective investment. It usually
works best when limited to around 15-20 pages:
1. Business
        Company’s business (description short enough to fit on a business card)
        Mission statement
2. Products
        Product description
        Development schedule
        Differentiation
        Price point
3. Market
        Trends
        Historic and projected sizes in dollars()
        Product match to market definition
4. Distribution
        Sales channels
        Partnerships
        Customers
5. Competition
        Competitors
        Competitive advantages
6. Team
        Background of management
        Board composition
7. Financials
        Historic and projected Profit & Loss (first two years by quarters)
        Projected cash flow (first two years by quarters)
        Current balance sheet
        Projected head count by functional area (R&D, sales, marketing, G&A)
        Capitalization schedule
8. Deal
        Amount rose
        Valuation asked
        Use of proceeds

What information needs to be in your business plan? What is the order of information that
will make the most sense to lenders and investors? You can answer these questions with the
business plan outlines provided below.

What are the standard elements of a business plan? If you do need a standard business plan to
seek funding — as opposed to a plan-as-you-go approach for running your business, which I
describe below — there are predictable contents of a standard business plan outline.

For example, a business plan normally starts with an Executive Summary, which should be
concise and interesting. People almost always expect to see sections covering the Company, the
Market, the Product, the Management Team, Strategy, Implementation, and Financial Analysis.
The precise business plan format can vary.
Is the order important? If you have the main components, the order doesn’t matter that much,
but here’s the sequence I suggest for a business plan. I have provided two outlines, one simple
and the other more detailed.

Simple business plan outline
   1.   Executive Summary: Write this last. It’s just a page or two of highlights.
   2.   Company Description: Legal establishment, history, start-up plans, etc.
   3.   Product or Service: Describe what you’re selling. Focus on customer benefits.
   4.   Market Analysis: You need to know your market, customer needs, where they are, how
        to reach them, etc.
   5.   Strategy and Implementation: Be specific. Include management responsibilities with
        dates and budgets. Make sure you can track results.
   6.   Web Plan Summary: For e-commerce, include discussion of website, development
        costs, operations, sales and marketing strategies.
   7.   Management Team: Describe the organization and the key management team members.
   8.   Financial Analysis: Make sure to include at the very least your projected Profit and Loss
        and Cash Flow tables.

Build your plan, then organize it. I don’t recommend developing the plan in the same order
you present it as a finished document. For example, although the Executive Summary obviously
comes as the first section of a business plan, I recommend writing it after everything else is done.
It will appear first, but you write it last.

Standard tables and charts

There are also some business tables and charts that are normally expected in a standard business
plan.

Cash flow is the single most important numerical analysis in a plan, and should never be
missing. Most plans will also have Sales Forecast and Profit and Loss statements. I believe
they should also have separate Personnel listings, projected Balance Sheet, projected Business
Ratios, and Market Analysis tables.

I also believe that every plan should include bar charts and pie charts to illustrate the numbers.

Expanded business plan outline
Here’s an expanded full business plan outline, with details you might want to include in your
own business plan.

1.0 Executive Summary
1.1 Objectives
1.2 Mission
1.3 Keys to Success

2.0 Company Summary
2.1 Company Ownership
2.2 Company History (for ongoing companies) or Start-up Plan (for new companies)
2.3 Company Locations and Facilities
3.0 Products and Services
3.1 Products and Service Description
3.2 Competitive Comparison
3.3 Sales Literature
3.4 Sourcing and Fulfillment
3.5 Technology
3.6 Future Products and Services

4.0 Market Analysis Summary
4.1 Market Segmentation
4.2 Target Market Segment Strategy
4.2.1 Market Needs
4.2.2 Market Trends
4.2.3 Market Growth
4.3 Industry Analysis
4.3.1 Industry Participants
4.3.2 Distribution Patterns
4.3.3 Competition and Buying Patterns
4.3.4 Main Competitors

5.0 Strategy and Implementation Summary
5.1 Strategy Pyramids
5.2 Value Proposition
5.3 Competitive Edge
5.4 Marketing Strategy
5.4.1 Positioning Statements
5.4.2 Pricing Strategy
5.4.3 Promotion Strategy
5.4.4 Distribution Patterns
5.4.5 Marketing Programs
5.5 Sales Strategy
5.5.1 Sales Forecast
5.5.2 Sales Programs
5.6 Strategic Alliances
5.7 Milestones

6.0 Web Plan Summary
6.1 Website Marketing Strategy
6.2 Development Requirements

7.0 Management Summary
7.1 Organizational Structure
7.2 Management Team
7.3 Management Team Gaps
7.4 Personnel Plan

8.0 Financial Plan
8.1 Important Assumptions
8.2 Key Financial Indicators
8.3 Break-even Analysis
8.4 Projected Profit and Loss
8.5 Projected Cash Flow
8.6 Projected Balance Sheet
8.7 Business Ratios
8.8 Long-term Plan

Business plan outline advice
Size your business plan to fit your business. Remember that your business plan should be only
as big as what you need to run your business. While everybody should have planning to help run
a business, not everyone needs to develop a complete formal business plan suitable for
submitting to a potential investor, or bank, or venture contest. So don’t include outline points just
because they are on a big list somewhere, or on this list, unless you’re developing a standard
business plan that you’ll be showing to somebody else who expects a standard business plan.

Consider plan-as-you-go business planning. I’ve done a lot of work on this idea lately,
resulting in my new “Plan As You Go” business planning, which is a now a book published by
Entrepreneur Press, available through Amazon.com, Barnes and Noble, and Borders, and
bundled as an eBook with Business Plan Pro. I’ve also added a short video here to the right,
illustrating how the outline could be simpler with a new approach.

More business planning resources
Sometimes an outline just isn’t enough to write your business plan. Do you want to view sample
business plans from real businesses? Would seeing a business plan template that banks prefer be
useful to you? These valuable resources can help:

Sample business plans – Over 500 free sample business plans from various industries

Business plan template – This fill-in-the-blank business plan template is in the format preferred
by the SBA and banks

Start a business – An easy to follow six-step process for starting a new business

Business Plan Pro – My Company’s step-by-step software makes it fast and easy to create a
business plan, regardless of your business planning experience



           Economics of Fish Farming
                        a)
Expenditure
                       Rs.
 Construction of Pond,Water Supply Channel,
Installation of Tubewell/Renovation/Lease
Amount
                                          20000
 Electricity & Water charges
                                          10000
 Cost of 250Kg Lime
                                            750
 2000 Fish Seeds
                                           1500
 100 Quntals Organic Fertilizer
                                           5000
 250 KG Urea
1250
 500 KG Single Super Phosphate
                                     1500
 Supplimentry feed
                                    10000
 Medicine, Fishing, Watch & Ward
                                    15000
          TOTAL EXPENDITURE
                                    65000

                        b)
Income
 Sale of 4200 KG Fish
                                   126000

                        c)
Net Income (B-A)
                                    61000

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Business plan format

  • 1. Business Plan Format The following format should provide a good overview of a prospective investment. It usually works best when limited to around 15-20 pages: 1. Business Company’s business (description short enough to fit on a business card) Mission statement 2. Products Product description Development schedule Differentiation Price point 3. Market Trends Historic and projected sizes in dollars() Product match to market definition 4. Distribution Sales channels Partnerships Customers 5. Competition Competitors Competitive advantages 6. Team Background of management Board composition 7. Financials Historic and projected Profit & Loss (first two years by quarters) Projected cash flow (first two years by quarters) Current balance sheet Projected head count by functional area (R&D, sales, marketing, G&A) Capitalization schedule 8. Deal Amount rose Valuation asked Use of proceeds What information needs to be in your business plan? What is the order of information that will make the most sense to lenders and investors? You can answer these questions with the business plan outlines provided below. What are the standard elements of a business plan? If you do need a standard business plan to seek funding — as opposed to a plan-as-you-go approach for running your business, which I describe below — there are predictable contents of a standard business plan outline. For example, a business plan normally starts with an Executive Summary, which should be concise and interesting. People almost always expect to see sections covering the Company, the Market, the Product, the Management Team, Strategy, Implementation, and Financial Analysis. The precise business plan format can vary.
  • 2. Is the order important? If you have the main components, the order doesn’t matter that much, but here’s the sequence I suggest for a business plan. I have provided two outlines, one simple and the other more detailed. Simple business plan outline 1. Executive Summary: Write this last. It’s just a page or two of highlights. 2. Company Description: Legal establishment, history, start-up plans, etc. 3. Product or Service: Describe what you’re selling. Focus on customer benefits. 4. Market Analysis: You need to know your market, customer needs, where they are, how to reach them, etc. 5. Strategy and Implementation: Be specific. Include management responsibilities with dates and budgets. Make sure you can track results. 6. Web Plan Summary: For e-commerce, include discussion of website, development costs, operations, sales and marketing strategies. 7. Management Team: Describe the organization and the key management team members. 8. Financial Analysis: Make sure to include at the very least your projected Profit and Loss and Cash Flow tables. Build your plan, then organize it. I don’t recommend developing the plan in the same order you present it as a finished document. For example, although the Executive Summary obviously comes as the first section of a business plan, I recommend writing it after everything else is done. It will appear first, but you write it last. Standard tables and charts There are also some business tables and charts that are normally expected in a standard business plan. Cash flow is the single most important numerical analysis in a plan, and should never be missing. Most plans will also have Sales Forecast and Profit and Loss statements. I believe they should also have separate Personnel listings, projected Balance Sheet, projected Business Ratios, and Market Analysis tables. I also believe that every plan should include bar charts and pie charts to illustrate the numbers. Expanded business plan outline Here’s an expanded full business plan outline, with details you might want to include in your own business plan. 1.0 Executive Summary 1.1 Objectives 1.2 Mission 1.3 Keys to Success 2.0 Company Summary 2.1 Company Ownership 2.2 Company History (for ongoing companies) or Start-up Plan (for new companies) 2.3 Company Locations and Facilities
  • 3. 3.0 Products and Services 3.1 Products and Service Description 3.2 Competitive Comparison 3.3 Sales Literature 3.4 Sourcing and Fulfillment 3.5 Technology 3.6 Future Products and Services 4.0 Market Analysis Summary 4.1 Market Segmentation 4.2 Target Market Segment Strategy 4.2.1 Market Needs 4.2.2 Market Trends 4.2.3 Market Growth 4.3 Industry Analysis 4.3.1 Industry Participants 4.3.2 Distribution Patterns 4.3.3 Competition and Buying Patterns 4.3.4 Main Competitors 5.0 Strategy and Implementation Summary 5.1 Strategy Pyramids 5.2 Value Proposition 5.3 Competitive Edge 5.4 Marketing Strategy 5.4.1 Positioning Statements 5.4.2 Pricing Strategy 5.4.3 Promotion Strategy 5.4.4 Distribution Patterns 5.4.5 Marketing Programs 5.5 Sales Strategy 5.5.1 Sales Forecast 5.5.2 Sales Programs 5.6 Strategic Alliances 5.7 Milestones 6.0 Web Plan Summary 6.1 Website Marketing Strategy 6.2 Development Requirements 7.0 Management Summary 7.1 Organizational Structure 7.2 Management Team 7.3 Management Team Gaps 7.4 Personnel Plan 8.0 Financial Plan 8.1 Important Assumptions 8.2 Key Financial Indicators 8.3 Break-even Analysis 8.4 Projected Profit and Loss 8.5 Projected Cash Flow 8.6 Projected Balance Sheet
  • 4. 8.7 Business Ratios 8.8 Long-term Plan Business plan outline advice Size your business plan to fit your business. Remember that your business plan should be only as big as what you need to run your business. While everybody should have planning to help run a business, not everyone needs to develop a complete formal business plan suitable for submitting to a potential investor, or bank, or venture contest. So don’t include outline points just because they are on a big list somewhere, or on this list, unless you’re developing a standard business plan that you’ll be showing to somebody else who expects a standard business plan. Consider plan-as-you-go business planning. I’ve done a lot of work on this idea lately, resulting in my new “Plan As You Go” business planning, which is a now a book published by Entrepreneur Press, available through Amazon.com, Barnes and Noble, and Borders, and bundled as an eBook with Business Plan Pro. I’ve also added a short video here to the right, illustrating how the outline could be simpler with a new approach. More business planning resources Sometimes an outline just isn’t enough to write your business plan. Do you want to view sample business plans from real businesses? Would seeing a business plan template that banks prefer be useful to you? These valuable resources can help: Sample business plans – Over 500 free sample business plans from various industries Business plan template – This fill-in-the-blank business plan template is in the format preferred by the SBA and banks Start a business – An easy to follow six-step process for starting a new business Business Plan Pro – My Company’s step-by-step software makes it fast and easy to create a business plan, regardless of your business planning experience Economics of Fish Farming a) Expenditure Rs. Construction of Pond,Water Supply Channel, Installation of Tubewell/Renovation/Lease Amount 20000 Electricity & Water charges 10000 Cost of 250Kg Lime 750 2000 Fish Seeds 1500 100 Quntals Organic Fertilizer 5000 250 KG Urea
  • 5. 1250 500 KG Single Super Phosphate 1500 Supplimentry feed 10000 Medicine, Fishing, Watch & Ward 15000 TOTAL EXPENDITURE 65000 b) Income Sale of 4200 KG Fish 126000 c) Net Income (B-A) 61000