Business Plan Content
planettech9
subscriber Posts: 1
Business plans are decision-making tools. There is no fixed content
for a business plan. Rather the content and format of the business plan
is determined by the goals and audience. A business plan should contain
whatever information is needed to decide whether or not to pursue a
goal.
For example, a business plan for a non-profit might discuss the fit between the business plan and the organization’s mission. Banks are quite concerned about defaults, so a business plan for a bank loan will build a convincing case for the organization’s ability to repay the loan. Venture capitalists are primarily concerned about initial investment, feasibility, and exit valuation. A business plan for a project requiring equity financing will need to explain why current resources, upcoming growth opportunities, and sustainable competitive advantage will lead to a high exit valuation.
Preparing a business plan draws on a wide range of knowledge from many different business disciplines: finance, human resource management, intellectual property management, supply chain management, operations management and marketing, among others.It can be helpful to view the business plan as a collection of sub-plans, one for each of the main business disciplines.
"... a good business plan can help to make a good business credible,
understandable, and attractive to someone who is unfamiliar with the
business. Writing a good business plan can’t guarantee success, but it
can go a long way toward reducing the odds of failure."
====================
mike
============================Family Lawplanettech97/3/2009 1:44 PM
for a business plan. Rather the content and format of the business plan
is determined by the goals and audience. A business plan should contain
whatever information is needed to decide whether or not to pursue a
goal.
For example, a business plan for a non-profit might discuss the fit between the business plan and the organization’s mission. Banks are quite concerned about defaults, so a business plan for a bank loan will build a convincing case for the organization’s ability to repay the loan. Venture capitalists are primarily concerned about initial investment, feasibility, and exit valuation. A business plan for a project requiring equity financing will need to explain why current resources, upcoming growth opportunities, and sustainable competitive advantage will lead to a high exit valuation.
Preparing a business plan draws on a wide range of knowledge from many different business disciplines: finance, human resource management, intellectual property management, supply chain management, operations management and marketing, among others.It can be helpful to view the business plan as a collection of sub-plans, one for each of the main business disciplines.
"... a good business plan can help to make a good business credible,
understandable, and attractive to someone who is unfamiliar with the
business. Writing a good business plan can’t guarantee success, but it
can go a long way toward reducing the odds of failure."
====================
mike
============================Family Lawplanettech97/3/2009 1:44 PM
Sign In or Register to comment.