Essay on Essential Aspects of a Business Plan

Submitted By n1namar13
Words: 1857
Pages: 8
Open Document
It should be noted that there is no special software required to use these templates. All business plans come in Microsoft Word and Microsoft Excel format. Each business plan features: * Excecutive Summary * Company and Financing Summary * Products and Services Overview * Strategic Analysis with current research! * Marketing Plan * Personnel Plan * 3 Year Advanced Financial Plan * Expanded Financial Plan with Monthly Financials * FREE 30 Page Sample Private Placement Memorandum * FREE PowerPoint Presentation for Banks, Investors, or Grant Companies! * All plans are updated for 2013!
1.0 Executive Summary
The purpose of this business plan is to raise $100,000 for the development of a candy store while showcasing the expected financials and operations over the next three years. The Candy Store, Inc. (“the Company”) is a New York based corporation that will provide sales of candy and beverages to customers in its targeted market. The Company was founded in 2009 by John Doe.
1.1 Products and Services
The primary revenue center for the business will come from the sales of candy, chocolates, nuts, and similar products throughout the Candy Store’s retail location. The business will also provide gift basket services throughout the year (and especially during holiday seasons) so that the Company can generates substantial revenues beyond the sales made in its retail location. The business will also operate a classic style soda fountain which will feature many flavors of cola and sodas. The Candy Store will also sell bottled water and beverages. The third section of the business plan will further describe the services offered by the Candy Store.
1.2 The Financing
Mr. Doe is seeking to raise $100,000 from as a bank loan. The interest rate and loan agreement are to be further discussed during negotiation. This business plan assumes that the business will receive a 10 year loan with a 9% fixed interest rate.
1.3 Mission Statement
The Candy Store’s mission is to become the recognized local leader for the sale of candy and candy gift baskets to the general public.
1.4 Mangement Team
The Company was founded by John Doe. Mr. Doe has more than 10 years of experience in the retail management industry. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.
1.5 Sales Forecasts
Mr. Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years.

1.6 Expansion Plan
The Founder expects that the business will aggressively expand during the first three years of operation. Mr. Doe intends to implement marketing campaigns that will effectively target individuals within the target market.
2.0 Company and Financing Summary
2.1 Registered Name and Corporate Structure
Candy Store, Inc. The Company is registered as a corporation in the State of New York.
2.2 Required Funds
At this time, the Candy Store requires $100,000 of debt funds. Below is a breakdown of how these funds will be used:

2.3 Investor Equity
Mr. Doe is not seeking an investment from a third party at this time.
2.4 Management Equity
John Doe owns 100% of the Candy Store, Inc.
2.5 Exit Strategy
If the business is very successful, Mr. Doe may seek to sell the business to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Candy Store. Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings.
3.0 Products and Services
Below is a description of the products offered by the Candy Store.
3.1 Sales of Candy and Candy Gift Baskets
The primary source of revenue for the business will be the sale of candy, chocolate, and gift baskets to the general public. Currently, Mr. Doe is sourcing a number of wholesalers that will provide the
Show More

Related Documents: Essay on Essential Aspects of a Business Plan

Kim Marketing Essay

Marketing Plan (Part 5) Submitted by: Courtney Bang-asan Due date: July 20, 2012 In this section of the Marketing Plan you are to prepare an analysis of your creation and research results. Write an analysis section for the marketing plan in proper sentence and paragraph form by answering the following questions: 1. Identify the reasons why stakeholders (e.g., executive decision makers, business owners, bankers, investors, board of directors) would be interested in a marketing plan. Stakeholders…

Words 391 - Pages 2

Crisis Communication Research Paper

challenge any organization and business can face. Even with that being said, business owners tend to think that nothing could happen to their company and choose to ignore in coming up with a crisis communication plan. Developing these plans can be costly whether it be time, or paying a fee for outside help. Based on a book by Banks, it says research…

Words 985 - Pages 4

SFIA Competency Paper

It is essential and vital for every project to have a thorough and well-developed plan. It is linked to all four aspects in the SFIA competency. That said, to develop a brilliant project plan, the professionals will need to have autonomy over all important areas of that project, make critical decisions for such plan and influence others, understand the complexity of both the project and the organization, and acquire business skills to explain and present such a plan to the audience (SFIA Foundation…

Words 219 - Pages 1

Essay on organizational security trends

6/29/15 Terence Hunt Organizational Security Trends In any major business throughout corporate America a security infrastructure is paramount to address security trends of the organization. As businesses expands employees must be aware of the growing security threats within a diverse organization. When an origination has a well-designed security plan that address and mitigate the risk can be critical factor in the success of the business. Then Managements and employees can deal with and work through…

Words 1808 - Pages 8

Comprehensive Business Plan

BUSINESS PLAN OUTLINE Comprehensive Business plan is an essential road map to achieving business success. An entrepreneur is forced to think through all the major aspects of a business venture when preparing a detailed business plan. The following guideline can be used to prepare a comprehensive business plan. It was derived from the link below, http://cfdcck.on.ca/CMS/wp-content/uploads/2011/02/Creating-a-Comprehensive-Business-Plan-revised.pdf General Outline for A Comprehensive Business Plan…

Words 401 - Pages 2

BSBMKG508A R1 Essay

BSBMKG508A Plan direct marketing activities Revision Number: 1 BSBMKG508A Plan direct marketing activities Date this document was generated: 27 May 2012 BSBMKG508A Plan direct marketing activities Modification History Not applicable. Unit Descriptor Unit descriptor This unit describes the performance outcomes, skills and knowledge required to plan direct marketing activities that match organisational objectives. No licensing, legislative, regulatory or certification requirements apply to…

Words 1278 - Pages 6

Kelsey Seybold Case

Although there are many steps that needs to be taken in order to strategize the planning that it would take for Kelsey Seybold to form a marketing plan that would gain enough attention for new and old patients to gain a new outlook of the organizations existence. “Quentin Langley (2009) reports the balance in importance between the six categories of public will vary widely from one organization to another. Most commercial organizations regard recruiting and retaining customers as being fundamental…

Words 255 - Pages 2

Costs and Feasibility Study Essay

viability of a project with regards to economic cost, market potential, effectiveness, and technicalities. A feasibility study report is essentially formed before assembling a business plan. Since a business plan is a formal document aimed at successfully implementing a business idea, a feasibility report is a very essential tool in recognizing the risks associated with the project under a particular budget and time frame. A feasibility report also helps understand the realistic scope of the project…

Words 456 - Pages 2

Organization Strategy And Project Selection

n is crucial for project success. Today's economic climate is unprecedented by rapid changes in technology, global competition, and financial uncertainty. These conditions make strategy/project alignment even more essential for success. Ensuring a strong link between the strategic plan and projects is a difficult task that demands constant attention from top and middle management. The larger and more diverse an organization, the more difficult it is to create and maintain this strong link. Compa…

Words 884 - Pages 4

Business Degree Research Paper

Several individuals claim once a business major graduates from higher education all they have to show for it is debt. Although, that may be true for some, there is an even greater number of business students that succeed. Also, having a business degree allows the development of skills that could be useful in multiple career fields. There are countless ways to ensure success for an entrepreneur such as having prior experience, networking and creating a plan. For business majors who are interested in…

Words 788 - Pages 4