The Business Plan : Creating and Starting The Venture



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BusinessPlan. Independent work for English language by IH51

PRESENTING THE PLAN

  • It is often necessary for an entrepreneur to orally present the business plan before an audience of potential investors.
  • In this typical forum the entrepreneur would be expected to provide a short (perhaps 20-minutes or half-hour) presentation of the business plan.

INFORMATION NEEDS

  • Before committing time and energy to preparing a business plan, the entrepreneur should do a quick feasibility study of the business concept to see whether there a any possible barriers to success.
  • Internet can be a valuable resource.

OUTLINE OF A BUSINESS PLAN

  • Introductory Page
    • Name and address of business
    • Name(s) and address(es) of principal(s)
    • Nature of business
    • Statement of financing needed
    • Statement of confidentially of report

OUTLINE …

  • Executive Summary – Three to four pages summarizing the complete business plan
    • What is the business concept or model?
    • How is this business concept or model unique?
    • Who are the individuals starting this business?
    • How will they make money and how much?

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