You are required to write a Business Plan Report and you are advised to follow the below
Question:
You are required to write a Business Plan Report and you are advised to follow the below given outline.
Part I- Product/service idea Business Plan Report (40%)
THE BUSINESS PLAN TOPIC IS A RESTAURANT. KINDLY HELP ME FOR THIS. MUCH APPRECIATED
To make the best impression, a business plan should follow a convention structure, such as the outline shown below.
Cover page
Table of contents
1. Executive Summary (10 marks)
A succinct highlight of the overall plan- include ownership structure, business address, product/service, the management team and strategy and strengths.
2. Industry Analysis
An overview of the industry, including consideration of the competition, industry trends, and regulatory bodies.
3. Definition of the Business
Explanation of the business concept, the current offering and the projected growth.
4. Purpose of the Business Plan
Dominant reason for the preparation of the business plan.
5. Business Feasibility
Analysis of the demand (include highlights of the findings of the market feasibility study), risk (include business and market risks), environmental impact.
6. Justification of the Business
Economic, social and personal benefits.
7. Organisation and Management
Vision and mission statement, corporate goals, managerial competence, organisation structure and organisation chart.
8. Operational Considerations
Location, technical requirements (explain key business processes), equipment required (state whether it is a manufacturing or retail business), suppliers of raw materials, utilities, opening hours etc.
9. Marketing Arrangements
Target market, definition of the product or service, pricing, distribution and promotion.
10. Financial Consideration
Source of financing, capital cost, pre-operating expenses, working capital requirements, cash budget over three years (estimation of the cash inflows and outflows).
11. Appendices
Tools used in feasibility study, profile of management team, prospective suppliers and clients, samples of product design, labels, promotional campaigns, floor plan and legal documents (where possible)
12. References
Small Business Management Entrepreneurship and Beyond
ISBN: 978-0538453141
5th edition
Authors: Timothy s. Hatten