Business Plan- Executive Summary
44 Pages26468 Words357 Views
Added on 2019-09-30
Business Plan- Executive Summary
Added on 2019-09-30
ShareRelated Documents
[Company Name]: [Business Plan]1Business PlanPrepared by[Month] [Day], [Year]Table of Contents
[Company Name]: [Business Plan]2I- Executive Summary..................................................................................................................................4II- Legal Matters...........................................................................................................................................7A. Legal Structure....................................................................................................................................7B. License, Permits, and Insurance Policies.............................................................................................7C. External Support..................................................................................................................................8III- Organization Summary...........................................................................................................................9A. Company Organizational Structure.....................................................................................................9B. National Hiring...................................................................................................................................10C. Founders’ Profiles..............................................................................................................................10D. Management.....................................................................................................................................11E. Operating Team’s Profile...................................................................................................................11IV- Physical Location..................................................................................................................................12V- Products/Services..................................................................................................................................14A. Portfolio Composition.......................................................................................................................14B. Production/Service Delivery/Operation Process...............................................................................14C. Environmental Impact.......................................................................................................................16VI- Market Analysis....................................................................................................................................17A. Market Overview and Sizing..............................................................................................................17B. Sector Trends.....................................................................................................................................17C. Target Market Segmentation.............................................................................................................18D. Competition......................................................................................................................................18E. Customers..........................................................................................................................................19F. Suppliers............................................................................................................................................20G. Timing of Market Entry.....................................................................................................................20VII- SWOT Analysis.....................................................................................................................................21A. Strengths...........................................................................................................................................21B. Weaknesses.......................................................................................................................................21C. Opportunities....................................................................................................................................21D. Threats..............................................................................................................................................21VIII- Strategy..............................................................................................................................................23A. Action Plan........................................................................................................................................23B. Marketing Strategy............................................................................................................................23
[Company Name]: [Business Plan]3C. Sales Strategy....................................................................................................................................24D. Pricing Strategy.................................................................................................................................25IX- Financial Plan........................................................................................................................................27A. Funding Requirements......................................................................................................................27B. Financial information.........................................................................................................................27References.................................................................................................................................................29Financial Statements.................................................................................................................................30A. Income Statement.............................................................................................................................30B. Balance Sheet....................................................................................................................................31C. Cash Flow Statement.........................................................................................................................33
[Company Name] 4I- Executive SummaryThe executive summary represents the pitch for your business plan in brief. We recommend you only complete this section after preparing your full business plan.[Paragraph 1: Introduction]Briefly describe the company. Include the i-Business nameii-Legal structureiii-Status and key dates: Existing (establishment date, date of latest financial statements)or New (pre-operation start date, pre-operation period, and operations start date)iv-Industry (Agriculture, Industrial, Services, Commercial, Craftsman)v-Main operations/products/services and the needs fulfilledvi-Location--------The name of the company is Sure Consultancy Services. It is a limited liability partnershipfirm. The company will commence its services from September 2019. The pre-operationactivities have bee started from June 2019. The company will operate in service sector. It will provide solutions to the complex projectsfaced by the customers.The organization will be located in an official building. All the operations will be conductedfromthebuilding.------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- [Paragraph 2: Mission]In one sentence, state the mission of the companyThe mission of the company is to provide quality consultancy services for long term relationshipwithcustomers.---------------------------------------------------------------------------------------------------------------------[Paragraph 3: Vision]In one sentence, state the vision of the company-----The vision of the company is to become of the successful organization which has capabilitytodelivervaluetoits
[Company Name] 5customers.----------------------------------------------------------------------------------------------------------------[Paragraph 4: Strategy]Briefly discuss the:i-Sales and marketing strategyii-Pricing strategyiii-Strategic partnerships you have/intend to haveiv-Readiness of products (idea, prototypes, ready for sale) or clientssecured/potential, whichever is applicable----Sales and marketing strategy- The sales and marketing strategy followed by the company willinclude personal selling. In this manner it will be possible to make positive relationship with thetarget customers.Pricing strategy- The company will adopt marginal pricing strategy which will help thecompany deal with the level of competition in the market. Strategic partnerships- The company will engage in strategic partnerships with otherconsultancy organizations in order to provide effective services to the customers.Readiness of the products- The services will be highly customized and will include all thefeaturesasdemandedbythecustomer.-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------[Paragraph 5: Market Analysis]Briefly discuss the:i-Targeted market customers: characteristics, needs, trendsii-Competitive advantage/key to success iii-Risks facing the business and how you can mitigate them---Targeted market customers: The target market will include the customers who face complexprojects involving knowledge of more than one field. It requires expertise views to reach to theoutcomeoftheproject.-----------------------------------------------------------------------------------------Competitiveadvantage- The competitive advantage will be developed by the company by providing qualityservices at affordable prices.Risks facing the business and how to mitigate them- There will be a range of materials risksfacing the company like the sustainability risks, financial risks, environment risks, etc. These willbe managed through a risk management framework which will identify and assess therisks.------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
[Company Name] 6------------------------------------------------------------------------------------------------------------------------------------------------------[Paragraph 6: Financial Performance]Discuss the financial status of the business by commenting on how the company performed inthe last 3 years (or less), if the company is existing, and the outlook for the next 5 years(growth of sales, net profit, and assets, margin/return trends)------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------[Paragraph 7: Funding Required]Include:i-Required amount of funding and land area and location, if neededii-Reasons behind the required funding-----Required amount of funding- The funding required in order to start this business include,500,000 KWD. An official building will also be needed where the experts will work on theprojects of the customers.This level of funding is required to successfully complete all the activities and provide adequateresources for the achievementof thegoals.-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------[Paragraph 8: Team]i.Founders’ relative experienceii.Total number of employees (current and potential)iii.Number of Kuwaiti employees (current and potential)The experience of the founder member will play a significant role in the success of theorganization. –The total number of current employees is a 50members. This level is expected to rise as thecompany grow.The number of Kuwaiti employee is 35 members.--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
[Company Name] 7[Paragraph 9: Business Plan Preparation]i.Identify the type of support received in preparing the business plan (feasibility studyexpert, friends, technical experts....). Name the company providing support, ifapplicable.------In preparation of the business plan, support has been gained from friends and experts.---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
[Company Name] 8II- Legal MattersA. Legal Structurei-Identify whether the business will be set up as a limited liability company, shareholdingcompany, joint venture...------------------------------------------The business will be set as a limited liability company whereeach of the partners will be have limited liability according to their ownership in theorganization.---------------------------------------------------------------------------ii-Explain the reason behind your choice---------The limited liability organization will attract more number of partners and owners fortheinvestmentinthecompany.---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------B. License, Permits, and Insurance Policiesi-Specify the types of licenses, permits, and certifications required to operate thebusiness------There are a number of license, permits and certifications which are required to operatebusiness in India. The company need certificate of incorporation and certificate ofcommencement to start their operations in India. Apart from this, GST Registration No isrequired if the level of turnover is more than 20 Lakhs.---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ii-Would it be difficult to obtain any of the above? If yes, what is the impact on thebusiness and operations?-----The procedure for obtaining the license and certificates need submission of relevantdocuments, and applying to the respective authorities. These process of application andverification by the officials may take some time and therefore it’s advisable that ensure that allthe formalities are duly fulfilled.In situations when the license and certificates are not obtained on time, it may affect theoperations and conduct of the business. The time for starting the operations may get delayed andit may impact the future prospects of theorganization.--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Business Plan for Date Help: Online Dating Platform for Single Males and Femaleslg...
|44
|13061
|265
Assignment submission 1 FRONT SHEET Qualification BTEC Level 4 HND Diploma in Business and Business Environmentlg...
|29
|6499
|112
Entrepreneurship Business Plan for Nerd Patrollg...
|21
|8052
|160
Global Business Management Capstone (BUS8350)lg...
|41
|10624
|166
Business Plan for IA Electronicslg...
|34
|4746
|398
Develop and Implement a Business Plan | BSBMGT 617lg...
|27
|4275
|95