Professional Documents
Culture Documents
Plan
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Reasons to have a Business Plan Business Startup Process
IDEA
Reasons Reasons 3. Screening the business ideas
4. Ranking the business ideas and selecting the most feasible one
5. Developing a business plan writing checklist
PLAN
6. Developing/ writing the business plan
7. Conducting a pre-feasibility analysis
IMPLEMENT
8. Developing implementation checklist/s
9. Implementation
10. Follow up
CONTROL
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Sources of Opportunities
PROBLEMS
TRENDS
Availability of
Entrepreneurs recognize RESOURSES
opportunities and turn them
in to successful businesses.
GAPS CHANGES
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Factors that influence to Identify 2. Idea Generation
Opportunities
• Identifying an idea
• Idea generation techniques
• Examples
UNLOCK THE
POTENTIAL
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IDEA
process of founding a
business
Every successful business
has started as someone’s
idea http://www.dengue.health.gov.lk/
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PLAN YOUR KITCHEN IN 3D
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Activity
Generate 20 ideas.
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Types of Screenings Basic / Primary Screening
It provides a mechanism for quick assessment of the
business ideas. Critical areas of the business idea can
•Basic or Primary Screening
SCREENING
Feasibility
be taken in to this assessment.
•Comprehensive Screening
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Business Plan Development Checklist Components of a Business Plan
•Executive Summary
•General Information of the Business
A Checklist •Marketing Plan
•Operational Plan
WHAT & WHY
•Management and Administration Plan
•Financial Plan
•Annexure
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General Information of the Business cont. General Information of the Business cont.
•Profile of the founder/s •Contact information
•Board of management and structure
[Address, contact numbers, email address, social media
•Name and qualifications of secretaries, auditors, consultants
contacts, web]
•Official banker/s
•Uniqueness and special capabilities of the business and •Information about the branches, show rooms,
management networks etc.
•Intellectual properties (if any)
•Achievements (if any) •Map of the business location
•History (if any) [Attach a Google map with enough directions]
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Marketing Plan Marketing Plan cont.
•Assessing the marketing environment •Conducting marketing research and forecasting
demand
•Goals, objectives and overall marketing strategy •BEP analysis
•Product •Analyzing consumer markets and Business markets
•Pricing and pricing strategies •Market segmentation and targeting
•Creating brand equity and brand positioning
•Delivering customer value •Analyzing the competition
•Communicating the value •Managing customer relationships
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Operational Plan cont. Operational Plan cont.
•Operational action plans For service businesses
•Nature of the service (Classification of operations)
•Total operational cost •Service Design and delivery process
•Analysis the cost of products – Service Facilities
– Blueprint
• Variance analysis and controlling plans – Services cape
– Waiting line management
•Managing service quality
•Service recovery and complaint handling
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Financial Plan cont. Financial Plan cont.
•Funding •Other areas of concern
– Equity/ Debt/Mix – Assessment of financial viability through financial
– Cost of funds statements analysis.
•Projected Financial Statements – Analysis of tax concessions etc.
– Projected manufacturing and trade account
– Variance analysis and financial controlling.
– Projected income statement
– Projected statement of financial position
– Projected cash flow statement
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8. Developing Implementation Checklist/s
Identifying and list down all the activities to be taken
with the implementation, based on the relevant
action or activity plans.
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9. Implementation
Before launching the business. Launching the venture and starting the activities as
•Registration formalities planned and with the outcomes of the pre feasibility
•Obtaining the licenses, certifications analysis.
•Hiring managers and employees (If you need and planned)
•Setup the machines, tools, equipments and the process
•Other post planning , pre implementation activities
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End of the Session.
Thank You.!
Business Plan Development
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