Elements of a Successful Business Plan
Business Plan Preparation College of Business Administration University of Central Florida
Agenda
Elements of a Successful Business Plan Twelve Steps to a Successful Plan
Twelve Components
Step One Assess Feasibility
Elements of a Successful
Business Plan
Executive Summary Company Overview Product Plan Industry/Marketplace Analysis Marketing Plan Operations Plan Development Plan
Management Financial Summary Offering Appendices
5-yr P&L 5-yr Balance Sheet 5-yr Cash Flow 1-yr monthly CF Other support docs
How to write a plan?
Linear Model
Mktg Ops Develop Append Done?
Iterative Model
Marketing
Development Operations
Business Plan
Financials
Iterative Approach:
Twelve Steps Twelve Weeks
1.
2. 3.
4.
5. 6.
Assess Concept Industry Analysis Marketing Plan Operations Plan Development Plan Build Strategy
7.
8. 9.
10.
11. 12.
Revenues & Expenses Financials Funding Valuation and Offer Publish your Plan Present your Plan
Step One Assess Feasibility
Quick Feasibility Analysis Bring all members of team up to speed Review critical plan components Identify missing information / research