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Index
Cover
Copyright
Table of Contents
ACKNOWLEDGMENTS
FOREWORD
PREFACE
THE POWER OF A BANKABLE BUSINESS PLAN
WHAT A BANKABLE BUSINESS PLAN IS AND HOW IT CAN HELP YOU START A SUCCESSFUL ENTERPRISE
Bankable Business Plans Serve A Specific Purpose
Your Business Plan Is An Extension Of You
Entrepreneurship Is A Team Sport
THE TEN ESSENTIAL ACTION STEPS
DEFINE YOUR COMPANY
WHAT WILL YOU ACCOMPLISH FOR OTHERS ... AND YOURSELF?
What Will Your Business Accomplish For Your Customers?
What Will Your Business Accomplish For Your Investors?
What Will Your Business Accomplish For Your Lenders?
What Will Your Business Accomplish For Your Suppliers?
What Will Your Business Accomplish For Your Employees?
Last, And Perhaps Least, What Will Your Business Accomplish For You?
IDENTIFY YOUR COMPANY’S INITIAL NEEDS
WHAT WILL YOU REQUIRE TO GET STARTED?
The Major Expenses
CHOOSE A WINNING STRATEGY
WHAT WILL DISTINGUISH YOUR PRODUCT OR SERVICE FROM YOUR COMPETITION?
Create A Powerful Competitive Advantage
Use A SWOT Analysis To Determine The Competitive Advantage Of An Existing Business
Plan Ahead: Anticipate An Exit Strategy
Match Your Strategies To Any Type Of Industry
Emerging Industries
Maturing Industries
Stagnant and Declining Industries
Fragmented Industries
Industries with Dominant Leaders
The Best Strategies for Competing with Dominant Leaders
ANALYZE YOUR MARKET
WHO WILL WANT YOUR PRODUCT OR SERVICE?
1. Research Your Potential Market Thoroughly
Target Your Market Like A Bull’s-Eye
Test Before You Launch
DEVELOP A STRONG MARKETING CAMPAIGN
HOW WILL YOU REACH YOUR CUSTOMERS AND WHAT WILL YOU SAY TO THEM?
The Four Ps
Product
Price
Place
Promotion
BUILD A DYNAMIC SALES EFFORT
HOW WILL YOU ATTRACT CUSTOMERS?
Get An Order Today—Or Yesterday
Make Sales A Priority For Everyone
Never Delegate Yourself Completely Out Of Sales
Create The Right Ethical Environment
Be Highly Organized
Compensate Based On Long-term Performance
Your Sales Force Can Be Your Competitive Advantage
DESIGN YOUR COMPANY
HOW WILL YOU HIRE AND ORGANIZE YOUR WORKFORCE?
Structuring Your Company
PRODUCT ORGANIZATION
GEOGRAPHICAL ORGANIZATION
FUNCTIONAL ORGANIZATION
MATRIX ORGANIZATION
HYBRID ORGANIZATION
Means Of Control
Human Resource Management
Legal Structures
Matching The Legal Structure With Your Investors
Franchises
TARGET YOUR FUNDING SOURCES
WHERE WILL YOU FIND FINANCING?
Potential Sources Of Financing
How Banks Decide On Loans
EXPLAIN YOUR FINANCIAL DATA
HOW WILL YOU CONVINCE OTHERS TO INVEST IN YOUR ENDEAVOUR?
The Essential Financial Statements
The Six Key Financial Assumptions
How To Create Statements
Essential Financial Statements For Lightning Larry’s, Inc.
USE THE RMA DATA
CHECK YOUR ANSWERS AGAINST THE ANSWER KEY
Working With The RMA Data
The Answer Key Revealed
It Really Is That Simple
PUTTING IT INTO ACTION
WHAT A BUSINESS PLAN SHOULD LOOK LIKE
The Physical Qualities
The Actual Layout
Have Outsiders Read It
How Long Should It Take Me?
HOW TO CREATE A TIME LINE
The Primary Components
Examples Of Time Lines
DEMONSTRATE THAT YOU CAN MANAGE CONTRADICTIONS
Keep It Simple ... Yet Detailed
Focus On Growth ... Even In Mature Industries
Reassure Investors ... Even With Competition All Around
Commit To Your Plan ... But Be Willing To Pursue Other Good Opportunities
PRESENT YOURSELF IN THE BEST LIGHT
The Text Of Your Business Plan
Your Résumé
MAKE A GREAT IN-PERSON PRESENTATION
Context
Content
Code
OUTLINES AND A SAMPLE BUSINESS PLAN
Outline For A Simple Business Plan
Outline For A Complex Business Plan
S & J Advertising
Resources
Back Cover Material
Index
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