3. The technology providers 4. The suppliers Business Plan A business plan is used to guide entrepreneurs to enter any The Business proponents business endeavor. Four types of stakeholders: 1. Resource Mobilizers & Financial Backers Parts of the business plan 2. Technology Providers & Applicators I. Introduction 3. Governance & top management a. Business Concept and Model 4. Operating and Support team b. Business Goals: Mission, Vision, Objectives, and Resource Mobilizers – To know who are on board to share the Performance Targets burden of raising money c. Business Offering and Justification Technology providers – To know If there are sufficient funds to II. Executive Summary pay the tech III. The Business Proponents Governance – To know what strategies and performance IV. The Target Customers indicators are being proposed V. Demand and Supply of the Market Support team – To know what programs and activities are taking VI. Product and Service Offerings place. VII. Enterprise Strategy and Delivery Systems VIII. Financial Forecasts The Target Customers and the Main Value Proposition IX. Environmental and Regulatory Compliance X. The Capital Structure and Financial Offering
Contents of the Business Plan
The Business Concept and the Business Model
Essence of the enterprise Stresses the value of the product offering
Business Model A formula on how the enterprise exactly plans to make money out of a business.
Four areas of moneymaking
Revenues Costs (Products and Business) Investments Financing the Investments and Funds
The Business Goals
They show the future and long-term prospects
The Executive Summary
Contains everything that is relevant and important to the business audience Why the business will work and succeed Describe the products/services of the enterprise Investment requirements Summaries of income statements, cash flow, and balance sheets Environmental and Regulatory compliance Capital Structure Enterprise Strategy – Builds and develops the game plan for attaining competitiveness. Enterprise Delivery System – The entire process of converting input or resources into outputs and these outputs into outcomes
It should also introduce and highlight the good qualities of: