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--- business_plan [2012/05/09 18:52]
zik [Business Plan]
+++ business_plan [2017/04/05 00:38] (current)
@@ Line 1: / Line 1: @@
 ====== Business Plan ======
-Taken from: [[http://web.sba.gov/busplantemplate/BizPlanStart.cfm]]
+The work in progress can be found on [[https://docs.google.com/document/d/1k1JrTVqdHk15oBv6QSqOuKvcuq5O84zBKRjKFIv69-g/edit?pli=1|Google Docs]].
-Further material taken from the MakeIt Labs business plan at http://www.wpi.edu/Pubs/E-project/Available/E-project-122210-154836/unrestricted/Founding_a_Hackerspace.pdf with the author's permission.
+The general outline is taken from: [[http://web.sba.gov/busplantemplate/BizPlanStart.cfm]]
+Another resource that School Factory pointed us at: http://www.businessmodelgeneration.com/downloads/business_model_canvas_poster.pdf
+Further material was taken from the MakeIt Labs business plan at http://www.wpi.edu/Pubs/E-project/Available/E-project-122210-154836/unrestricted/Founding_a_Hackerspace.pdf with the author's permission.
 //I'm the author of the business plan portion of the paper. You're free to copy material from it, but you should also be aware it was done before the founding of the space, and I consider it to be woefully out of date. If you'd like to talk sometime, I'd be more than happy to fill you in.
@@ Line 9: / Line 13: @@
 ---
 Joseph Schlesinger//
-===== Executive Summary =====
-This section should:
-  * Be written last.
-  * Provide an enthusiastic snapshot of your company, explaining who you are, what you do and why.
-  * Be less than 2 pages in length.
-After reviewing this section the reader should:
-  * Want to learn more about your business.
-  * Have a basic understanding about your company.
-Draft:
-===== Business Description and Vision =====
-This section should include:
-  * Mission statement (business purpose).
-  * Company vision (statement about company growth).
-  * Business goals and objectives.
-  * Brief history of the business.
-  * List of key company principals.
-After reviewing this section the reader should know:
-  * Who the business is and what it stands for.
-  * Your perception of the company’s growth & potential.
-  * Specific goals and objectives of the business.
-  * Background information about the company.
-Draft:
-===== Definition of the Market =====
-This section should:
-  * Describe your business industry and outlook.
-  * Define the critical needs of your perceived or existing market.
-  * Identify your target market.
-  * Provide a general profile of your targeted clients.
-  * Describe what share of the market you currently have and/or anticipate.
-After reviewing this section the reader should know:
-  * Basic information about the industry you operate in and the customer needs you are fulfilling.
-  * The scope and share of your business market, as well as who your target customers are.
-Draft:
-===== Description of Products and Services =====
-This section should:
-  * Specifically describe all of your products and services.
-  * Explain how your products and services are competitive.
-  * If applicable, reference a picture or brochure of your products, which would be included in the plan’s appendix.
-After reviewing this section the reader should know:
-  * Why you are in business.
-  * What your products and services are and how much they sell for.
-  * How and why your products & services are competitive.
-Draft:
-===== Organization and Management =====
-This section should:
-  * Provide a description of how your company is organized as well as an organization chart, if available.
-  * Describe the legal structure of your business (proprietorship, partnership, corporation, etc.).
-  * Identify necessary or special licenses and/or permits your business operates with.
-  * Provide a brief bio description of key managers within the company.
-After reviewing this section the reader should know:
-  * The legal form of ownership for your business.
-  * Who the leaders are in your business as well as their roles.
-  * The general flow of operations within the firm.
-Draft:
-===== Marketing and Sales Strategy =====
-This section should:
-  * Identify and describe your market – who your customers are and what the demand is for your products & services.
-  * Describe your channels of distribution.
-  * Explain your sales strategy, specific to pricing, promotion, products and place (4Ps).
-After reviewing this section the reader should know:
-  * Who your market is and how you will reach it.
-  * How your company will apply pricing, promotion, product diversification and channel distribution to sell your products and services competitively.
-Draft:
-===== Financial Management =====
-This section should include:
-  * For a New Business
-    * Estimate of start-up costs.
-    * Projected balance sheet (1 year forward).
-    * Projected income statement (1 year forward).
-    * Projected cash flow statement (12 months forward).
-  * For an Existing Business
-    * Balance sheets (last 3 years).
-    * Income statements (last 3 years).
-    * Cash flow statement (12 months).
-  * If Applying for a Loan (in addition to the above)
-    * Current personal financial statement on each principal.
-    * Federal tax return for prior year.
-After reviewing this section the reader should:
-  * Have a good understanding regarding the financial capacity and/or projections for your company.
-Draft: