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Index
Cover Page
Title Page
Copyright
Acknowledgments
Table of Contents
Part I – What Is a Business Plan and Why You Need One
1 What Is a Business Plan?
As You Read This Book
What Is Included in a Business Plan
Time Frame
Why You Need a Business Plan
A Plan Isn’t a Budget, But It Contains One
The Many Uses of a Business Plan
What a Business Plan Is Not
The Nuts and Bolts of a Plan
Basic Guidelines
2 Igniting That Spark of Creativity: Your Vision
Seeing Your Future
Where Are You Now?
Getting There
The Business Planner’s Toolbox
Part II – Ready, Set—PLAN!
3 History and Background
History
Milestones
Mission
Industry
4 Products and Services
Product Description
Benefits
Manufacturing Process
Opportunities for the Upcoming Year
5 Business Model Demystified
Who Are Your Customers?
Keys to Profitability
Business Model Tips
6 Your Target Market(s)
Why Do They Buy From You?
Expanding From Your Base
Market Research Techniques
7 Analysis of Your Competition—and How to Beat Them
Analyze Why the Winners Are Winning
Map Your Competitors
Learning About Your Competitors
Articulate Your Competitive Advantage
Summing Up Your Advantage
Barriers to Entry
Sustaining Your Competitive Advantage
Finalizing Your Target Customer Groups
8 The Marketing Plan: Strategies and Tactics
Distribution Channels: Planning How and Where to Sell
Positioning Strategy
Pricing
Crafting the Message
9 Implementation of Marketing Media and Methods
Advertising
Internet
Promotions Offline
Creating a Marketing Budget
Month-by-Month Calendar
10 Management Team, Staffing, and Facilities
The Key Individuals
Current Management Issues
Advisory Board and Service Providers
Management Team Background
Strategic Advisors
Management Team Strengths
Goals
Team Members to Be Added
Advisors to Be Added
Training Programs
Teamwork Building Strategies
Staffing Forecast and Strategy
For a Plan to Be Used Internally
Operations and Facilities
11 Risks, Opportunities, and Exit Strategy
Opportunity Plan
A Graceful—and Profitable—Exit Strategy
Part III – Number Crunching: Somebody’s Got to Do It
12 Your Vision Expressed in Numbers
Setting Goals and Translating Them into Financial Models
Financial Forecasting
Don’t Turn Forecasting into a Burdensome Task
Keys to Effective Forecasting
What Exactly Is a Financial Model?
Forecasting Expenses
Personnel Cost Forecast
The Financial Projections You Need in a Plan
Projected Balance Sheet
Assumptions Page(s)
Combining Narrative and Numbers
13 Forecasting Tips
Balancing Act
Funding Now and in the Future
Part IV – The Morning After: What to Do With Your Business Plan
14 Is Your Plan Ready for Prime Time?
Common Mistakes in Business Plans
Finalizing the Plan
Don’t Expect Perfection
15 It’s Show Time
Writing the Executive Summary
Preparing to Meet With the Money People
16 Putting the Plan to Good Use
Implementing the Business Plan
Reality versus Projections
Revise the Plan During the Year
17 The Final Words
You Can Create an Outstanding Plan for Your Business
Now You Have a Well-Planned Company, Not Just a Business Plan
Index
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