A business plan archaeology is a highly specific document that should be tailored to your exact business so that it's clear what service you offer and what inroads your company can make in this long-established industry. If you work at a particular dig site and need money to continue your operations there, the business plan should talk about the experience to date and your successes at the site, as well as the potential revenues. If you sell various items to curators or private collectors, establish the price points for your financial model and try to determine what your ongoing costs will be. No matter what specific business model you follow in this space, the real questions to answer are these:
• What is the service you have in mind and who do you target?
• What is the market need you fill and what territory do you operate in?
• What industry metrics or trends play to your favor?
• What are the capital requirements for your company?
• What break-even point do you project?
The pro forma financial model should include a complete start-up summary or use of funds (investment proceeds) along with a personnel plan, a revenue forecast, a break-even analysis, the pro forma profit and loss, the cash flow statement, and a running balance sheet. Showing at least 3 years is essential, and Year One should be broken down by month. Also, the business plan should address the competitive landscape and talk about the marketing or implementation plan you'll need to follow. The business plan can be tricky but no matter what part of the archaeology market you're in, MasterPlans can help. We have written thousands of customized business plans since 2002 and we can deliver for you. Call 877-453-2011 today!
