BUSINESS PLAN DEVELOPMENT

CONTENTS
WHAT IS A BUSINESS PLAN??

WHAT ARE THE ADVANTAGES OF A BUSINESS PLAN. TYPES OF BUSINESS PLAN. A BUSINESS PLAN

 Business plans are decision-making tools.

A business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals.

WHAT IS??

the plan deals with is the financial part of the business Information about: the owner of the company, the principal company employees, and also about employees that might be hired in the future

(a) (b) (c)

Many people write a business plan: getting a loan or a financial support for their business May also for internal use like: a way of assessing the current state of the company, of determining where the company will go in the future, and, if necessary, a blueprint for breaking the company apart.

Profit

G O A L

Non-profit

Business plan focus on financial plan

Business plan focus on service goals

Writing a plan is tough work

It requires disciplined balance

Its visionary, but logical. Its financially perfect, but flexible. Its for today, but also for 3-5 years out Its a formal Plan, but its easy to read. Its creative, but it follows The Rules

Most importantly, for you & your team You need one for a start up You need one for a corporation The actual process of planning is the key. It consolidates management direction. It provides debate & finally consensus. Its used as a guide when speed bumps happen. Its your company & your personal scorecard.

No Business PlanNo money.

The Six Stages of Successful Sources:
FF&A: Friends, Family & Acquaintances Private angels Venture capitalists Corporate investors Strategic partners Banks

So that you can educate yourself about how money flows through a business. It gives an idea of financial strengths and weaknesses. Creating a plan also gives the opportunity to fine-tune parts of a business proposal without spending any money. Also helps to anticipate some of the pitfalls which one could encounter as business grows.

Be brief & direct & detailed. Focus on your customers. Define whats compelling. Define whats unique. Be realistic with yourself. Define long term objectives for 3 to 5 years. Describe the 3 to 4 primary strategies. Include your ecommerce strategies. Make realistic, but exciting, projections.

Write about history. Focus on the future. Focus only on you & your technology. Use highly technical buzz & descriptions. Create revenues that you wont make. Assume anything. Forget what your reader wants. Define valuations in the actual plan. Attempt to write the business plan alone.

A. B. C. D. E. F. G.

Start up plans Internal plans Operational plans Strategic plans Growth plans or Expansion Plans or New Product Plans Feasibility plans Many other names

Defines the steps for a new business. Covers standard topics: the company, product or service, market, forecasts, strategy, implementation milestones, management team, and financial analysis. Financial analysis: projected sales, profit & loss, balance sheet, cash flow, and probably a few other tables. Plan starts with an executive summary and ends with appendices showing monthly projections for the first year.

These plans are not intended for outside investors, banks, or other third parties. They might not include detailed description of company or management team. They may or may not include detailed financial projections that become forecasts and budgets.

An operations plan is normally an internal plan, and it might also be called an internal plan or an annual plan. It would normally be more detailed on specific implementation milestones, dates, deadlines, and responsibilities of teams and managers.

It focuses more on high-level options and setting main priorities than on the detailed dates and specific responsibilities. Like most internal plans, it wouldnt include descriptions of the company or the management team.

It focus on a specific area of business, or a subset of the business. These plans could be internal plans or not, depending on whether or not they are being linked to loan applications or new investment.

It is a very simple start-up plan that includes a summary, mission statement, keys to success, basic market analysis, and preliminary analysis of costs, pricing, and probable expenses. This kind of plan is good for deciding whether or not to proceed with a plan, to tell if there is a business worth pursuing.

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To setup a taste in the mouth of Indians by offering them the food which can afford by person who are willing to have a healthier food

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BY PROVIDING A HEALTHY & HYGENIC FOOD & BEVERAGE. BY RENDERING STANDARDISED & PERSONALISED SERVICES. BY PROVIDING HIGH QUALITY FOOD AT LOWER COST. BY GIVING VALUE TO CUSTOMER SATISFACTION.
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To serve good food in a friendly and fun environment. To be a socially responsible brand. To provide its customers with food of a high standard, quick service and value for money. To create a brand name. To maximize the profit.

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YUM CUM is a multi-cuisine restaurant serving three different cuisines Continental, Chinese & Italian. Its is a combination of two things Take Away & Fine Dining. Located in the heart of Crown Interior Mall Faridabad. Food & Beverage that is going to be served here is filled with mouth watering taste.

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India is the world's second largest producer of food next to China, and has the potential of being the biggest with the food and agricultural sector. It is one of the sector which can never reach to its saturation point. Its our dream to establish a chain of multicuisine restaurant.

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 Marketing

plans

Market analysis Clients Marketing strategies Positioning competition

Financial

plans

Budget Sources of funds Income statement projection Contingency plans

Human

Resource plans

Staffing Safety measures Training & development policies

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Market Analysis

Target market Life style Occupation Geographical

Clients

Who they are? Where are they located? Why do they buy & under what circumstances? What are their expectations concern price, quality & service? Product Price(penetration price, discount, allowance, mode of payment, credit terms etc.) Place

Marketing strategies

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Positioning

Supplier of high quality products. Quick & flexible service provider. Trust worthy provider of consistently reliable services. No. of competitors Strengths Weakness

Competition

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Budget (Preliminary Expenses)

Particulars Total investment Rent Furniture Equipments Raw materials(daily+15 days) Electricity Salaries Advertisements/Sales Promotion Miscellaneous Amounts 70,00,000 2,06,000/month 20,00,000 20,00,000 1,70,000/month 30,000/month 1,42,000/month 2,00,000 15,000/month
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Sources of Funds
Personal Investment of Rs.10 lacs. Borrowings from Banks & financial institutions of Rs.60 lacs

Contingency Plans

Rs. 10 lacs to be reserved.

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Particulars 32 covers Total Net Sales -cost of good sold Gross profit Expenses, Admin, Selling Operating profit Interest Corporate Tax Extraordinar 60lacs @ 12% 12.5% VAT 25%

2009-10 1,44,00,000 36,00,000 1,08,00,000 24,44,000

2010-11 1,90,08,000 47,00,000 1,42,56,000 26,00,000

2011-12 2,07,36,000 51,84,000 1,55,52,000 27,00,000

1250*32*360 1650*32*360 1800*32*360

83,56,000 7,20,000 18,00,000 Nil

1,16,56,000 10,00,000 23,76,000 Nil

1,28,52,000 12,00,000 25,92,000 Nil

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 Staffing
Employees Designation Floor Manager(Take Away & Dinning) Cashier(2 at Take Away & 1 at Dinning) Chefs ( for whole restaurant) No. of Employees 2 3 4

Stewards(4 at Dinning & 2 at Take 6 Away) Utility Workers( for whole restaurant) 2

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Training & Development

Cycle time reduction Team management Performance appraisal Sending them to various seminars

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Advertisements
Print media Electronic media Display media

Sales promotion
Sponsoring events Competitions Special discounts on special days

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 Thanks