To make the best impression, a business plan should follow a convention structure, such as the…
To make the best impression, a business plan should follow a convention structure, such as the outline shown below
i) Operational Considerations
? Location, technical requirements (explain key business processes), equipment required (state whether it is a manufacturing or retail business), suppliers of raw materials, utilities, opening hours etc.
ii) Marketing Arrangements
Target market, definition of the product or service, pricing, distribution and promotion.
iii). Financial Consideration
Source of financing, capital cost, pre-operating expenses, working capital requirements, cash budget over three years (estimation of the cash inflows and outflows).
Tools used in feasibility study, profile of management team, prospective suppliers and clients, samples of product design, labels, promotional campaigns, floor plan and legal documents (where possible)
v). References Bibliography, credits, acknowledgements