A Business Plan is a Roadmap for your Business.
Affordable, "Bullet-Proof" Business Plans with Easy Payment Terms-Email us for more information: info@accessacd.com
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· Concept Summaries
· Investor Plans
· Bank Plans
· Operations Manuals
A Business Plan is a Roadmap for your Business.
If you had to go from here to Tacoma, Washington by automobile, could you make it without a map? Sure you could. But suppose you had a deadline of, let's say, 3 days would you choose to use a map or not? Now suppose that there was $1,000,000 waiting for you if you could make the trip in 3 days flat, the only condition being that you use an automobile to make the trip. Would you use a map then?
Now, suppose that you needed someone to furnish the transportation and funds for you to make the trip. In return for helping you, they would get a percentage of the proceeds.
How would you convince them that the offer was legitimate?
And how would you handle surprises along the way such as roadblocks, detours, natural disasters, etc.
In essence, this is what a business plan is designed to do. A business plan is a road map for the owners. It is also a tool that is used for raising capital and to lessen the number of surprises sneaking up on you.
Of course, the nature and type of business plan needed depends on the particular situation. For example, if the management team are well-seasoned professionals that have traveled the entrepreneurial road many times before and know, for the most part, what to expect, their business plan will be different from the first time business owner.
Use Your Business Plan To:
· Explain Your Concept or Idea to Others
· Raise Capital
· Recruit Associates
· Motivate Suppliers
· Blueprint Your Business
· For establishing time and task benchmarks.
· Assess what you are planning to do, how much it will cost and where you expect to be in one, two and three+ years.
· Tells you if the numbers are good.
· Force you to think through every aspect of your business.
Through our 65 module process we cover all of our bases, making the plan "Bullet Proof". We're located in the Triangle area. Just tell us what you want to accomplish and we can write a plan to get you there. Be prepared with a "Bullet Proof" business plan. Highly experienced writer.
In addition to edits and rewrites of existing plans there are 4 types that we can do. The descriptions below are general outlines because we can customize each plan for it's specific purpose. We build each plan from scratch and DO NOT use templates, "canned" or pre-formatted plans.
The Concept Summary-This is an expanded executive summary that is used for 2 primary reasons. First it is used to recruit partners, initial employees, strategic alliances, suppliers etc. It is also used to decide whether or not you have a worthwhile business venture. They are usually between 5-15 pages in length and include things such as what problems the venture will be solving, how the venture is a better or unique concept compared to businesses that already exist, how the venture will be promoted and sold, and what resources will be required to make it happen.
The Investor Plan-This plan is used as a tool to get individual, private and institutional (corporate sponsors) investors excited about participating in the business. It is an expansion of the Concept Summary. The purpose of the Investor Plan is to get investors to continue discussions with you. It adds weight to the opportunity by summarizing the competence of the entrepreneurial team and by including projected financial statements. It also answers the question most investors have, "What kind of return can I hope to get if the business is successful.
The Bank Plan-This plan is design to get a bank loan, so it is written in "bank language". As you know, all the bank wants is to get their money back with the agreed upon interest. Banks usually require a solid operating history with positive cash flows OR collateral. This plan includes things like historical financial ratios , assets, collateral, etc.
The Operations Plan or Operations Manual- This is a thick, comprehensive plan or set of plans that will eventually end up being in at least one 3-ring binder This plan contains all of the details. benchmarks and deadlines documenting exactly how the owners/managers plan to operate the venture. It contains detailed research data (market, competitor analysis, etc), services & product specifications, promotional material samples, intellectual property strategies, project management charts, and anything else that lays down in detail how the venture will be operated. This plan requires an extensive amount of time and energy to complete compared to the other plans.
Affordable, "Bullet-Proof" Business Plans with Easy Payment Terms-Email us for more information: info@accessacd.com