商业计划书英文版.docx
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商业计划书英文版
1
TableofContents
1.TheRoutefromConcepttoCompany...............................................................................2
1.1.Successfactors............................................................................................................2
1.2.Stagesofdevelopment..............................................................................................3
2.TheBusinessIdea..................................................................................................................6
2.1.Developingabusinessidea......................................................................................6
2.2.Elementsofapromisingbusinessidea...................................................................7
2.3.Protectingyourbusinessidea................................................................................10
2.4.Presentingyourideatoinvestors..........................................................................11
3.TheBusinessPlan................................................................................................................13
3.1.Advantagesofabusinessplan...............................................................................13
3.2.Characteristicsofasuccessfulbusinessplan.......................................................13
3.3.Theinvestor’spointofview...................................................................................15
3.4.Tipsonpreparingaprofessionalbusinessplan..................................................17
4.StructureandKeyElementsofaBusinessPlan..............................................................19
4.1.Executivesummary.................................................................................................19
4.2.Productorservice....................................................................................................21
4.3.Managementteam...................................................................................................22
4.4.Marketandcompetition.........................................................................................24
4.5.Marketingandsales.................................................................................................27
4.6.Businesssystemandorganization........................................................................32
4.7.Implementationschedule.......................................................................................36
4.8.Opportunitiesandrisks..........................................................................................38
4.9.Financialplanningandfinancing..........................................................................38
2
Exhibit2
KEYFACTORSFORSUCCESSOFINNOVATIVESTART-UPS
Ideas
.Degreeof
innovation
.Scope
.Patent
Capital
.Availability/amount
.Needs/
responsibilities
.Exitsforinvestors
People
.Inventors
.Entrepreneurs
.Team
members
Traditionalservice
providers
.Attorneys
.Patentlawyers
.Taxconsultants/
accountants
.Market
researchers
Networkandexchange
.Coaching
.Networking
.Teambuilding
.Innovativeserviceprovider
–Venturecapitalists
–Headhunters
–Angelinvestors
–High-techstart-up
consultants
1.THEROUTEFROMCONCEPTTO
COMPANY
New,innovativecompaniesgenerallytrytogrowfromstart-upsintoestablishedcompanies
within5years.Buttheycanseldomfinancetheiractivitiesalonealongtheway.Rather,they
aredependentonprofessionalinvestorswithconsiderablefinancialclout.Forentrepreneurs,
financingisacriticalquestion–thebusinessplanmustthusbeconsideredfromthepointof
viewofpotentialinvestorsrightfromtheoutset.
1.1.Successfactors
Successfulcompaniesarisefromacombinationoffiveelements(Exhibit2).
1.Nobusinessconcept,nobusiness
Havinganideaisjustthebeginningofthecreativeprocess.Manyentrepreneursareinitially
infatuatedwiththeirinspiration,losingsightofthefactthattheirideaisthepointofdeparture
foralongprocessofdevelopmentwhichmustface–andwithstand–toughchallengesbeforeit
canenjoyfinancingandmarketsuccessasamaturebusinessconcept.
2.Moneymatters
Withoutsomebodywhoinvestsmoneyintotheideatogrowitintoaviablebusiness,this
businesswillneverbecomeareality.Fromearlyon,therefore,muchattentionmustbepaidto
convincinginvestorstoprovidethenecessaryfunding.
3
Exhibit3
STAGESOFSTART-UPDEVELOPMENT
Businessidea
generation
Businessplan
preparation
Start-up
andgrowth
Established
company
Interestof
investors
Financing
decisions
Exitof
initial
investors
3.Noentrepreneurs,noenterprise
Growingnewfirmsisnotaone-personjob.Itcanonlysucceedwithateamof,usually,threeto
fiveentrepreneurswhosetalentsarecomplementary.Puttingtogetherwell-functioningteams
isadifficultprocess–onethattakestime,energy,andanunderstandingofhumannature.Do
notloseanytimeinputtingyourteamtogetherandworkonperfectingitthroughouttheentire
start-upprocess.Thecharacteristicsofahigh-performancemanagementteamarediscussedin
moredetailinsection6.3ofthisGuide.
4.Traditionalserviceproviderswillhelpyouclearthefirsthurdles
Youwilloftenneedtheadviceofprofessionalserviceproviders,suchaspatentlawyers,tax
advisors,andmarketresearchers-especiallyatthebeginning.Gettingtherightinformation
early(e.g.,forregisteringapatent)canhaveconsequencesforlatersuccessorfailure.
5.Strongnetworksarea"shotinthearm"foreverynewcompany
Professionalguidanceforpotentialentrepreneursthroughanetworkofsponsors,entrepreneurs,
venturecapitalists,andserviceprovidersisdecisiveintransformingviableideasintoreal
companies.PrimeexamplesforsuchregionalnetworkscanbefoundinSiliconValleyandthe
Bostonarea.
1.2.Stagesofdevelopment
Thetypicalprogressionofthestart-upanddevelopmentofgrowingcompaniesintoestablished
firmscanbesubdividedintothreestages.Theendofeachstageservesasamilestonefor
venturecapitalistsbywhichtogaugethestatusoftheirinvestment.Beingfamiliarwitheach
stageandthechallengesitposesmayspareyouwastedenergyanddisappointment.Please
note,however,thatthethreestagesinthedevelopmentofafunctioningstart-updonotmatch
thethreephasesinthedevelopmentofabusinessplanwithintheframeworkofthis
competition(seeExhibit3).
Ifyouintendtobesuccessful,thisstart-upprocessshouldinfluencebothyouractivitiesasthe
initiatorofabusinessconceptandyourpathtowardformingyourowncompany.Toalarge
extent,itisthedemandsofinvestorsthatwilldeterminehowyoumustapproachtheindividual
stagesofthestart-up.
4
Stage1:
Businessideageneration
Thebeginningistheinspiration–yoursolutiontoaproblem.Itmustbeevaluatedto
determineifitdeliversanactualcustomervalue,whetherthemarketisbigenough,andjust
howbigitwillbe.Theideaitselfhasnointrinsiceconomicvalue.Itacquireseconomicvalue
onlyafterithasbeensuccessfullytransformedintoaconceptwithaplanandimplemented.
Youwillneedtostartputtingtogetheryourteamassoonaspossible,findingpartnerswhocan
developyourproductorserviceuntilitisreadyformarket(oratleastuntilshortlybefore).In
thecaseofproducts,thisstageusuallyinvolvesafunctioningprototype.Youwillmostlikely
havetodowithoutventurecapitalduringthisstage.Youwillstillbefinancingyourplanwith
yourownmoney,helpfromfriends,perhapsstateresearchsubsidies,contributionsfrom
foundations,orothergrants.Investorsrefertothisas"seedmoney,"asyourideaisstilla
seedling,notyetexposedtotheharshclimateofcompetition.
Yourobjectiveatthisstageistopresentyourbusinessconceptandmarket–whichformsthe
foundationofyournewcompany–soclearlyandconciselyastopiquetheinterestofpotential
investorsinhelpingyoucultivateyourideafurther.
Stage2:
Businessplanpreparation
Atthisstage,itismostimportanttofocusonthebigpicture:
Don'tlosesightoftheforestforthe
trees!
Thebusinessplanitselfwillhelpyoutofocusasyoumustconsiderandweightherisks
involved,prepareforanycontingency,andlearntoanticipateavarietyofpossiblesituationsor
"scenarios."Youwillneedtolaydownplansandcreateabudgetforthekeyactivitiesofthe
business–fordevelopment,production,marketing,distribution,andfinance.Naturally,you
willneedtomakemanydecisions,suchaswhichcustomersorsegmentswillyoutarget?
What
pricewillyouaskforyourproductorservice?
Whatisthebestlocationforyourbusiness?
Will
youhandleproductionyourselforoutsourceittothirdparties?
Andsoon.
Inpreparingthebusinessplan,youwillcomeincontactwithmanypeopleoutsideyourstartup
team.Inadditiontoinvestors,youwilltalktomanyspecialists,includingattorneys,tax
advisors,experiencedentrepreneurs,andexperts.Thebusinessplancompetitionorganizers
willhelpyougetintouchwithjusttherightpeople.Youwillalsohavetobeginreachingoutto
yourpotentialcustomers(i.e.,bymeansofconsumersurveys)tomakeinitialassessmentsof
yourmarket.Alwayskeepinmindthatcustomeracceptanceisanessentialprerequisitetothe
successofyourcompany!
Scoutaboutforpossiblesuppliersandperhapscloseyourfirst
agreements.Youwillalsowanttobecomeawareofwhoyourcompetitorsare.