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HOW TO WRITE A BUSINESS STARTUP PLAN © Robert Jones 2013 Lord AshcroA InternaConal Business School Anglia Ruskin University r [email protected] hNp://cambridgemba.wordpress.com/businessstartup/

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HOW  TO  WRITE    A  BUSINESS  START-­‐UP  PLAN    

©  Robert  Jones  2013    Lord  AshcroA  InternaConal  Business  School    Anglia  Ruskin  University  

[email protected]  

hNp://cambridgemba.wordpress.com/business-­‐start-­‐up/  

Time  

Cost  &  Resources  

Delivery,  performance,  quality  

StarCng  a  business  needs  good  project  management  skills  

Project  management  triangle  

ObjecCves    

What  is  a  business  plan?    

Why  write  a  business  plan?  

When  do  you  write  one?    

Who  should  do  it?    

What  does  it  contain?     I keep six honest serving men

(They taught me all I knew)

Their names are What and Why and When

And How and Where and Who.

Rudyard Kipling 1865 – 1936

What  should  be  in  the  business  plan?    

The  business  plan  for  a  new  enterprise  should  be    divided  into  the  following  secCons:    

ExecuCve  summary    

DescripCon  of  the  enterprise  and  its  innovaCve  product  /service    

Market  analysis    

OrganizaCon  and  management    

Finance.    

Money   Market  

Management  

MoCvaCon  

The  3  Ms  of  small  business  

The  4th  M  is  mo#va#on  

ExecuCve  summary    

At  the  front  of  your  plan  –  one  page.    

Concise  overview  of  your  firm,  what  you  hope  to  achieve.    

SCmulate  the  reader’s  interest.    

Mission  statement    Vision    Target  customers    Start  date    Names  and  roles  of  the  founders  Address,  telephone,  e-­‐mail  and  website  Number  of  employees    InformaCon  on  current  investors  or  sources  of  funding    Brief  summary  of  goals  and  plans  for  the  future.  

Time  frame    

short  term  –  one  month,  3  months,  6  months    

long  term  –  the  coming  year,  2  years,  5  years  or  even  ten  years.    

Long-­‐term  planning  is  also  oAen  referred  as    strategic  planning.    

Time  frame    

Business  planning  can  either  be:    

short  term  –  what  is  to  happen  over  the  coming    month,  3  months,  6  months    

long  term  –  what  is  to  happen  over  the  coming    year,  2  years,  5  years  or  even  ten  years.    

Long-­‐term  planning  is  also  oAen  referred  as    strategic  planning.    

©  Robert  Jones  2013          [email protected]  

hNp://cambridgemba.wordpress.com/business-­‐start-­‐up/