Seeking a simple design for constructing a business plan? They can be complex documents when they're describing the market application of a new technology, or detailing a multi-location rollout for a new business venture that touches on a wide range of industries. But no matter what type of business concept you have, you can simplify the business plan itself by writing concise, data-driven sections that cover the core points but don't dwell on tangential details or provide a lot of unnecessary information. The pieces most pertinent to the plan are the following:
• A clear, concise executive summary
• Use of funds table showing how you plan to allocate the new capital
• A market overview that makes the opportunity obvious
• A section that talks about your management team, key employees, and hiring timeline
• A cash balance positive model and a reasonable break-even point
The business plan will need a full financial pro forma in order to meet SBA lending review guidelines or, in most cases, to pass muster with potential investors. This should include a revenue forecast, cash flow, break-even point, profit and loss statement, start-up summary or past performance snapshot, sensitivity analysis, and an appendix that shows the first year of operations post-funding in a month by month format. You should also give at least an overview of the risks you'll face, marketing methods you will use, and the competitive threats you will face. Put it together and you can have a simple yet complete plan of 20-25 pages, ready for a banker or investor's review. MasterPlans is the leading business plan writing company and our base of knowledge about different plan formats and requirements is without compare. If you are looking for something simple but comprehensive, we can deliver that. Call today at 877-453-2011.
