Business Plan



A startup business plan is a road map for setting and achieving goals of the project. It provides a list of tactical and strategic moves, through which an executive or entrepreneur can plan for the future and reduce uncertainty. By designing and planning the growth of your start-up, you can determine the capital required for the company, and what possible exit strategies are available to you. The time and resources invested in preparing a thorough and accurate business plan are an investment that will generate both short and long term dividends.

 

A business plan is a written document that lays out the progression of the business. Simply creating one allows the entrepreneur to organize his thoughts and work premises, and analyze the every aspect of the startup realistically, objectively and without emotion. The program includes, among other things, a number of important points:

arrow A description of the nature of the business or the solution offered by startup

arrow Analysis of the business environment, including an examination of the target market and competition

arrow Sales and marketing strategy - paying close attention to the go-to-market strategy

arrow Forecasts and financial background, including a profit and loss projections.

 

A business plan should meet accepted standards regarding the form and content. The content is the most important, especially if the developer's goal is also to raise money on the basis of the concept. It allows for a better reflection of the goals of the startup and strategies needed for achieving them, while serving as an effective tool in front of a potential investors, banks, employees and so on.

A complete and comprehensive business plan includes:

A business plan presents an economic evaluation based on the working assumptions, business data and long-term forecasts. The structure and content of the business plan are different from business to business and are tailored to each business according to its nature and objectives. Business plan aimed at investors would have an emphasis on management and staff review, while business planes designed for the purpose of business streamlining will have an emphasis on the history and present situation analysis, using accepted models such as SWOT,Porter and BCG

Below is the structure of a typical business plan (the structure varies from plan to plan):

Chapter 1 Executive Summary
Summary of the business plan essentials

Chapter 2 The company and products
Company vision and goals
Company properties
Description of products/services
Characterization of services and products

Chapter 3 Market
Review of potential local and global target markets
Defining the target customers B2C and B2B
Porter five forces analysis
BCG model
Evaluation of target market size
Identification of competing products
Breakdown of the key factors for success in the various activities
Regulation
Benchmark reference points

Chapter 4 Strategic Planning
Generic strategy
Exit strategy or business development strategy
Description of the ongoing comparative advantage
Formulating short and long term strategic goals
Market penetration analysis
SWOT Analysis
Positioning
Differentiation
Examination of potential strategic partnerships

Chapter 5 Intellectual Property
IP examination
IP development
IP strategy

Chapter 6 Implementation of the strategic plans
Development of the business model
Costing and Pricing
Formulating principles for the marketing plan
4P model
BTL & ATL

Chapter 7 Financial Plan
Examining the required funds and operation volumes
Examination of profitability measures (gross profit, operating profit and EBITDA)
Examination of operational metrics related to the company operations
Exploring funding options
Income statement projections for first years of operation
Operating cash flow projections for first years of operation
Examination of the balance point - Break Even Point
Examining the ROI and NPV

Chapter 8 Work Plan
Development of an operational work plan for the implementation of the marketing processes and construction the "Gant" chart. The Gant chart defines the activities and their inner relations, while noting the time of each activity and activity.

Chapter 9 * Valuation
Valuation based on assets value, including IP. The valuation methods include both multiples valuation and DCF.

* Intended for companies or entrepreneurs interested in investing in a business or selling their own.

Process and methodology development:

business plan

Our approach

You have a winning business idea. You are excited, inspired and ready to jump in at the deep end. The next step is to write a business plan. With a simple Google search you will find plenty of tips on how to design an executive summary, marketing plan, and financial projection. Although, all of these are fundamental parts of the business plan (and you definitely need them), a good plan has more than that. A winning business plan generates in the reader a passion and a desire to become involved in the project. "

Targo CEO Anton Rubinstein