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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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