FinancePath Business Plan

Transcription

1 FinancePath Business Plan Prepared:

2 Contents Business Plan template... 1 Using this template... 2 Business Plan Summary... 4 The Business... 4 The Market... 4 The Future... 4 The Finances... 5 The Business... 5 Business details... 5 Registration details... 5 Business premises... 5 Organisation chart... 5 Management & ownership... 6 Key personnel... 6 Products/services... 8 Innovation... 8 Insurance... 8 Risk management... 9 Legal considerations... 9 Operations... 9 Sustainability plan The Market Market research Market targets Environmental/industry analysis Your customers S.W.O.T. analysis Your competitors Advertising & sales The Future Vision statement Mission statement Goals/objectives Action plan The Finances Key objectives & financial review Assumptions Start-up costs for [YEAR] Balance sheet forecast Profit and loss forecast Expected cash flow Break-even analysis Supporting documentation... 24

3 Business Plan Summary [Please complete this page last] [Your business summary should be no longer than a page and should focus on why your business is going to be successful. Your answers below should briefly summarise your more detailed answers provided throughout the body of this plan.] The Business Business name: Business structure: ABN: ACN: Business location: Date established: Business owner(s): Relevant owner experience: Products/services: The Market Target market: Marketing strategy: The Future Vision statement: Goals/objectives: The Finances

4 The Business Business details Products/services: Registration details Business name: Trading name(s): Date registered: Location(s) registered: Business structure: ABN: ACN: GST: Domain names: Licences & permits: Business premises Business location: Buy/lease: Organisation chart

5 Figure 1: Example Organisation Chart. [Mr J Citizen Owner/Manager] [Mr Chris Brantley Marketing Manager] [Mrs Cherie Laws Office Manager] [Mr John Blue Events Coordinator] [Ms Fran Reid Salesperson] [Mrs Eileen Lawry Receptionist] [Mr Jo Stevens Operations] Management & ownership Names of owners: Details of management & ownership: Experience: Key personnel Current staff [List your current staff in the table below.] Job Title Name Expected staff turnover Skills or Strenths

6 Required staff [List your required staff in the table below.] Job Title Quantity Expected staff turnover Skills necessary Date required Recruitment options Training programs Skill retention strategies: Products/services Product/Service Description Price

7 Market position: Unique selling position: Anticipated demand: Pricing strategy: Value to customer: Growth potential: Innovation Research & development (R&D)/innovation activities Intellectual property strategy

8 Insurance Workers compensation: Public liability insurance: Professional indemnity: Product liability: Business assets: Business revenue: Risk management [List the potential risks (in order of likelihood) that could impact your business.] Risk Likelihood Impact Strategy

9 Legal considerations Operations Production process Suppliers Plant & equipment [List your current plant and equipment purchases. These can include vehicles, computer equipment, phones and fax machines.] Equipment Purchase date Purchase price Running cost Inventory [List your current inventory items in the table below. If you have a substantial inventory, you may prefer to attach a full inventory list to the back of this business plan.] Inventory item Unit price Quantity in stock Total cost

10 Technology (Software): Trading hours: Communication channels: Payment types accepted: Credit policy: Warranties & refunds: Quality control: Memberships & affiliations: Sustainability plan Environmental/resource impacts Community impact & engagement Risks/constraints

11 Strategies Action plan [List your key sustainability/environmental milestones below?] Sustainability milestone Target Target date The Market Market research Market targets Environmental/industry analysis Your customers Customer demographics

12 Key customers Customer management

13 S.W.O.T. analysis [What strategies will you implement to minimise/mitigate your environmental impact and any risks to your business? Will you conduct an environmental audit? Have you introduced an Environmental management system?] Strengths Weaknesses Opportunities Threats

14 Your competitors [How do you rate against your competitors? How can your business improve on what they offer?] Competitor details [List at least 5 competitors in the table below.] Competitor Established date Size Market share (%) Value to customers Strengths Weaknesses

15 Advertising & sales Advertising & promotional strategy [What strategies do you have for promoting and advertising your products/services in the next 12 months?] Planned promotion /advertising type Expected business improvement Cost ($) Target date

16 Sales & marketing objectives Unique selling position Sales & distribution channels Channel type Products/services Percentage of sales (%) Advantages Disadvantages

17 The Future Vision statement Mission statement Goals/objectives Action plan Please note: This table does not include sustainability milestones as they are listed in the sustainability section above. Milestone Date of expected completion Person responsible

18 The Finances Key objectives & financial review Financial objectives Finance required Assumptions The financial tables on the subsequent pages are based on the assumptions listed below:

19 Start-up costs for [ ] [Double-click the table below to enter your details or attach your own start up costing sheet at the back of this business plan.] START-UP COSTS Cost ($) EQUIPMENT/CAPITAL COSTS Cost ($) Registrations Plant & equipment Office equipment Insurance Total start-up costs Total equipment/capital costs

20 Balance sheet forecast [Double-click the table below to enter your details or attach your own profit & loss sheet at the back of this business plan] BALANCE SHEET FORECAST [Year 1] [Year 2] [Year 3] Current assets Fixed assets Current/short-term liabilities Total assets Long-term liabilities Total liabilities NET ASSETS

21 Profit and loss forecast [Double-click the table below to enter your details or attach your own profit & loss sheet at the back of this business plan] PROFIT & LOSS FORECAST [Year 1] [Year 2] [Year 3] Sales Expenses Gross profit/net sales Total expenses NET PROFIT

22 Expected cash flow [Double-click the table below to enter your details or attach your own profit & loss sheet at the back of this business plan] EXPECTED CASHFLOW [YEAR] Jan Feb Mar Apr May Jun July Aug Sep Oct Nov Dec OPENING BALANCE Cash incoming Cash outgoing Total incoming Total outgoing Monthly cash balance CLOSING BALANCE

23 Break-even analysis [Double-click the table below to enter your details or attach your own table.] Timeframe (e.g. monthly/yearly) BREAKING-EVEN CALCULATOR Percentage of price that is profit Total sales needed to break-even Number of units sold needed to break-even Supporting documentation Attached is my supporting documentation in relation to this business plan. The attached documents include: [List all of your attachments here. These may include resumes, inventory list, survey/questionnaire and/or financial documents.].

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