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How to create a Business Plan?
           Pradeep Chopra
       Co-founder, Digital Vidya

              www.digitalvidya.com
Plans are _______
           useless




Planning is _______
            priceless



                             - Dwight Eisenhower
      www.digitalvidya.com
Why Business Plan?
•    Operating and Financial Plan
•    Your map and compass for the future
•    Sell yourself on your business
•    Sales Pitch
     –  Investors
     –  Partners
     –  Customers
     –  Employees
•  MAKE MORE MONEY

                        www.digitalvidya.com
Key Elements of a Business Plan




            www.digitalvidya.com
Executive Summary
•  Concise Explanation
              how
    Present =====> Future
•  Most Important Part
•  5 Mins Test
•  1-2 Pages Long
•  Written LAST



                    www.digitalvidya.com
Company



 Describe in 1 sentence how your
business proposition is valuable to
             mankind



             www.digitalvidya.com
The Core Team




Names of the Members of the core team
   Skill Set & Previous Experience




               www.digitalvidya.com
Customer Segmentation




Who are your customers? Demographics
     (age, income, location etc) &
 Psychographics (attitude, behavior).



               www.digitalvidya.com
Market Size




Define market size in terms of current
  spending and acquirable market.




               www.digitalvidya.com
Value Proposition




   Define company/product value
proposition. Share any case studies if
              available.



               www.digitalvidya.com
Offerings




  Describe your product/service
(functionalities, IP, tech etc). Show
  product development roadmap.



              www.digitalvidya.com
Business Model




Revenue Model & Pricing




        www.digitalvidya.com
Sales & Marketing




How will you acquire customers and build
                 brand?




                www.digitalvidya.com
Why care about Social Media?




          www.digitalvidya.com
Kogi Korean BBQ Taco Truck




Blog + Flickr + Twitter - 10 people/stop to 800 people/stop
                        www.digitalvidya.com
Apple Macbook: Online Reputation




     1 Review – 60,000+ Views
           www.digitalvidya.com
www.digitalvidya.com
Online Leads & Sales




      www.digitalvidya.com
Competition




Who are they? How will you compete?




             www.digitalvidya.com
Financials




     Cash Flow, Revenues & Profits
Detailed Short Term (1st Year) & Overview
        of Long Term (3–5 years)



                www.digitalvidya.com
Start Planning…




    www.digitalvidya.com
Thank You!
                 Let’s stay in touch!



http://facebook.com/pradeepchopra http://linkedin.com/in/pradeepchopra



                   pradeep@digitalvidya.com


  Care about Digital Marketing? Join us at
                 http://www.facebook.com/digitalvidya


                         www.digitalvidya.com

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How to Create a Business Plan Workshop

  • 1. How to create a Business Plan? Pradeep Chopra Co-founder, Digital Vidya www.digitalvidya.com
  • 2. Plans are _______ useless Planning is _______ priceless - Dwight Eisenhower www.digitalvidya.com
  • 3. Why Business Plan? •  Operating and Financial Plan •  Your map and compass for the future •  Sell yourself on your business •  Sales Pitch –  Investors –  Partners –  Customers –  Employees •  MAKE MORE MONEY www.digitalvidya.com
  • 4. Key Elements of a Business Plan www.digitalvidya.com
  • 5. Executive Summary •  Concise Explanation how Present =====> Future •  Most Important Part •  5 Mins Test •  1-2 Pages Long •  Written LAST www.digitalvidya.com
  • 6. Company Describe in 1 sentence how your business proposition is valuable to mankind www.digitalvidya.com
  • 7. The Core Team Names of the Members of the core team Skill Set & Previous Experience www.digitalvidya.com
  • 8. Customer Segmentation Who are your customers? Demographics (age, income, location etc) & Psychographics (attitude, behavior). www.digitalvidya.com
  • 9. Market Size Define market size in terms of current spending and acquirable market. www.digitalvidya.com
  • 10. Value Proposition Define company/product value proposition. Share any case studies if available. www.digitalvidya.com
  • 11. Offerings Describe your product/service (functionalities, IP, tech etc). Show product development roadmap. www.digitalvidya.com
  • 12. Business Model Revenue Model & Pricing www.digitalvidya.com
  • 13. Sales & Marketing How will you acquire customers and build brand? www.digitalvidya.com
  • 14. Why care about Social Media? www.digitalvidya.com
  • 15. Kogi Korean BBQ Taco Truck Blog + Flickr + Twitter - 10 people/stop to 800 people/stop www.digitalvidya.com
  • 16. Apple Macbook: Online Reputation 1 Review – 60,000+ Views www.digitalvidya.com
  • 18. Online Leads & Sales www.digitalvidya.com
  • 19. Competition Who are they? How will you compete? www.digitalvidya.com
  • 20. Financials Cash Flow, Revenues & Profits Detailed Short Term (1st Year) & Overview of Long Term (3–5 years) www.digitalvidya.com
  • 21. Start Planning… www.digitalvidya.com
  • 22. Thank You! Let’s stay in touch! http://facebook.com/pradeepchopra http://linkedin.com/in/pradeepchopra pradeep@digitalvidya.com Care about Digital Marketing? Join us at http://www.facebook.com/digitalvidya www.digitalvidya.com