The document provides an overview of a presentation on the business planning process. It discusses what a business plan is, its objectives and importance. It outlines the key components of a business plan including general information, promoters, location, production, marketing, financial projections, implementation schedule. It then provides an example business plan for a proposed coffee shop, including an executive summary, goals, SWOT analysis, legal structure, and product offerings.
2. BUSINESS PLAN
Business plan is a written document prepared by entrepreneur
that describes all the relevant external and internal elements
involved in starting new venture. It is an integration of
functional plans such as marketing, finance , manufacturing
and human resource plan.
A business plan is a blue print of step by step process that
would be followed to convert business idea into successful
business venture.
3. OBJECTIVE OR IMPORTANCE OF BUSINESS
PLAN
To give direction to the vision formulated by the entrepreneur
To monitor the progress after implementing business plan
Business plan is like a roadmap.
To identify challenges in terms of opportunities and threats from
the external markets
To visualize concept in terms of market availability,
organizational, operational, and financial feasibility.
4. • General Information
• Promoter
• Location
• Land & Building
• Plant & Machinery
• Production Policy
• Utilities
• Transportation
• Raw Material
• Manpower
• Product
• Market
• Requirement of Working Capital
• Cost of Production & Profitability for 10 years
• Schedule of Implementation
5. FORMULATION OF BUSINESS PLAN
General Information
Project Description
Assessment of WC Requirement
Capital cost & Sources of finance
Other financial aspects
Market Potential
Project Implementation
7. Executive Summary
• My mission is to will provide a friendly, comfortable atmosphere where
the customers can receive quality food, drinks, and service at a
reasonable price.
• My café will offer a variety of choices to the customers. Cappuccinos,
lattes, espressos, smoothies, regular coffee, soft drinks, and tea of all
sorts will be available.
Goals and Strategies
• Short-term goal: Use the quality of our service and advertising to soon
become well-known throughout Noida.
• Long-term goal: Expand the business to other locations and include catering.
• Strategy: Work hard to have the best-tasting coffee, treats, and service in
town and surrounding areas.
8. SWOT Analysis
• Strengths: Reasonable prices, wide variety of coffee and drinks, a lot of
home-made treats
• Weaknesses: Turn down in the economy, start-up costs, new business, no
reputation
• Opportunities: Job opportunities for the many unemployed in Noida.
• Threats: Gas stations, McDonalds, Brian’s Bookstore, and other local
restaurants
Location
The location of my business will be Noida Sector- 18
9. Legal Structure
• My business will be run as a sole proprietorship.
• All debts and liabilities of this business will be my responsibility.
• I will pay personal income taxes on the profits made. This will make
accounting much simpler.
• With having a sole proprietorship, I can also deduct my business losses to
the extent of my total income that I may have from all sources.