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Writing a business plan 1 hour slide

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Writing a business plan 1 hour slide

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Writing a business plan (update 20170328)
Executive Summary
Business Profile
Products and Services
Market Research
Market Strategies
Organization
Operation
Finances

Writing a business plan (update 20170328)
Executive Summary
Business Profile
Products and Services
Market Research
Market Strategies
Organization
Operation
Finances

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Writing a business plan 1 hour slide

  1. 1. Community Flagship of: By: Mohamad Fadhilullah Tudun Bin Haji Hassan @Bobby 1LiveWIRE Brunei (c) 2012
  2. 2. Community Flagship of:  Why write a business plan  Importance of a Business Plan  Process of Writing a Business plan  Finding a Business Idea  Contents of a Business Plan  Tips & Tricks 2LiveWIRE Brunei (c) 2012
  3. 3. Community Flagship of:  Own use to start a business  Bank Loan  Investors  Grant Application  Incubation  Starting a cooperative  Managing and Running a Business  School Assignment or Project 3LiveWIRE Brunei (c) 2012
  4. 4. Community Flagship of:  “If you fail to plan, you plan to fail”  Gives a very good idea how the business runs from management, operations to financial  Research and Planning will reduce failures and prepares for contingencies.  To explain to others (banks, investors, partners, employees) of how you expect the business to work 4LiveWIRE Brunei (c) 2012
  5. 5. Community Flagship of: Idea Research & Plan Do 5LiveWIRE Brunei (c) 2012
  6. 6. Community Flagship of: Passion Make Money Skill & Knowledge 6LiveWIRE Brunei (c) 2012
  7. 7. Community Flagship of: Self- Actualization Self-Esteem Social Needs Security and Safety Needs Physiological Needs 7LiveWIRE Brunei (c) 2012
  8. 8. Community Flagship of: 8LiveWIRE Brunei (c) 2012
  9. 9. Community Flagship of:  Executive Summary  Business Profile  Products and Service  Market Research  Market Strategy  Operations  Human Resource Management  Financial Strategy  Exit Strategy  Appendices 9LiveWIRE Brunei (c) 2012
  10. 10. Community Flagship of:  Often Written Last, Shown First.  Make it interesting for the reader.  Make the reader want to read more.  Make it simple point form for every section, or a simple abstract summary.  1 page Maximum.  E.g. 30 second Movie Preview LiveWIRE Brunei (c) 2012 10
  11. 11. Community Flagship of:  Introduce the business  Legal Structure of Business ◦ Sole Proprietor, Partnership, Sendirian Berhad, Koperasi  Nature of business ◦ Food, Service, Manufacturing, IT,  Mission and Objectives  Startup Cost  Milestones/Achievements LiveWIRE Brunei (c) 2012 11
  12. 12. Community Flagship of:  What is it?  Who are you going to sell it to?  What problem is it solving?  How much will it cost them?  What makes it unique?  Intellectual Property Involved?  Sales Forecast LiveWIRE Brunei (c) 2012 12
  13. 13. Community Flagship of:  Customers – Who are you going to sell to?  Competitors – Who are your competition?  What are the Competitive Forces that affects you? (Supplier, Buyer, existing competitors, New entrants, substitute products)  Political, Economic, Social, Technological (PEST) – Factors for Success  SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats) - LiveWIRE Brunei (c) 2012 13
  14. 14. Community Flagship of:  How are you going to tell your customers that you are there?  4 P’s ◦ Product ◦ Price ◦ Place and Distribution ◦ Promotion LiveWIRE Brunei (c) 2012 14
  15. 15. Community Flagship of: Print •Business Cards •Leaflets & Posters •Letters and Mail •Merchandise Mass Media •Billboards •Newspaper •TV •Radio Electronic •E-mail •Social networks •Websites •Media sharing networks Personal •Word of mouth •Referrals •Direct Selling •Exhibition 15
  16. 16. Community Flagship of:  Who are involved?  Organization Chart  Personnel Roles and Responsibilities  Personnel Qualifications  Key Roles/Management  Payroll Cost LiveWIRE Brunei (c) 2012 16 Manager Worker 1 Worker 2 Assistant Worker 3 Admin
  17. 17. Community Flagship of:  How is the business going to run?  How is the business making money?  Location and Working hours  Product Life Cycle - e.g. Agricultural vs Retail  Production Process  Customer Service Process  Technology/equipment Involved  Sales Forecast in relation to Operations or Season (can also be in product section) LiveWIRE Brunei (c) 2012 17 Input Process Output
  18. 18. Community Flagship of:  Start up costs  Sales Forecast  Personnel/Payroll Cost  Profit and Loss  Cash flow Forecast  Balance Sheet  Break-even analysis 0 10 20 30 40 50 60 70 80 90 1st Qtr 2nd Qtr 3rd Qtr4th Qtr nett income Expenses nett LiveWIRE Brunei (c) 2012 18
  19. 19. Community Flagship of:  What are you going to do with the business in the long-term: ◦ Expand ◦ Sell ◦ Handover to family member ◦ Go Public ◦ Get Merged or Acquired  or if anything goes wrong. ◦ If Bankrupt or unsuccessful what will you do? LiveWIRE Brunei (c) 2012 19
  20. 20. Community Flagship of:  Marketing Materials ◦ Research Materials and Results ◦ Sample of Advertisements ◦ Survey ◦ Results  Full Financial Tables ◦ 2-5 years LiveWIRE Brunei (c) 2012 20
  21. 21. Community Flagship of: LiveWIRE Brunei (c) 2012 21
  22. 22. Community Flagship of:  Executive Summary – so the reader wants to read the rest of the plan  Market Research – to show your products have buyers  Market Strategy – to show how you can reach your buyers  Operations – to explain how your business is going to work  Human Resource – the people behind the business  Finances (Start-up and Cashflow) so you know how much you need and how much you expect in return 22LiveWIRE Brunei (c) 2012
  23. 23. Community Flagship of:  Clear  Concise  Organized  Well Laid Out  Natural  Positive  Well interpreted facts  Do not jump to conclusions  Show Sources  Proofread  Make it Perfect  Well written executive summary LiveWIRE Brunei (c) 2012 23
  24. 24. Community Flagship of:  Executive Summary - Too short, Too long, Too boring  Products - No details on pricing, no pictures of products/service  Market Research – None or too little sample study done.  Market Strategy – No schedule or budget  Operations – no process flow  Financials – Too optimistic, or not included 24LiveWIRE Brunei (c) 2012
  25. 25. Community Flagship of:  Organizations ◦ LiveWIRE Brunei (Library and Courses) ◦ DARE/i-Centre  Books ◦ E-myth ◦ Writing a business plan for idiots/dummies  Internet ◦ Search for how to write a business plan ◦ Search for business plan samples ◦ Howstuffworks.com, entrepreneur.com, bplans.com 25LiveWIRE Brunei (c) 2012
  26. 26. Community Flagship of: LiveWIRE Brunei (c) 2012 26

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