formatbusiness plan1.docx

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formatbusiness plan1.docx

formatbusinessplan1

BusinessPlan

 

Enteryourbusinessname

 

Enteryournameandyourresponsibility

 

Entertoday'sdate

BusinessEnvironment(PartI)

CREATINGABUSINESSIDEA

Thebusinessweplantocreateiscalled:

Generaldescriptionofthebusiness:

Targetmarketandcustomers:

Theadvantagesourbusinessoffersovercompetingfirmsare:

ESTABLISHINGETHICSANDSOCIALRESPONSIBILITIES

Socialresponsibilitytoouremployees,customers,andcommunitywillbe:

Thefollowingspecialpolicieswillbesettotakebettercareofouremployees,customers,andcommunity:

Ethicaldilemmasfacedbyourbusinessmightbe:

Wewillhandlethesesituationsby:

OurbusinesswillusetheInternettoproviderelevantinformationtoitscustomers,employees,andshareholdersthroughthefollowingmethods:

OurfirmwillusetheInternettofulfillsomeofitssocialresponsibilitiesby:

ASSESSINGECONOMICCONDITIONS

Localeconomicconditionswillaffecttheperformanceofourbusinessby:

EconomicconditionsacrossChinawillaffecttheperformanceofourbusinessby:

Anincreaseininterestrateswillaffecttheperformanceofourbusinessby:

 

ASSESSINGGLOBALCONDITIONS

Ourbusinessmayuseimportingby:

Ourbusinesswillexportproductstothefollowingforeigncountries:

Ourbusinesswillcompeteagainstthefollowingforeigncompetitors:

Exchangeratemovementswillaffecttheperformanceofourbusinessby:

OurbusinesswillusetheInternettoassessitscompetition,itsindustryenvironment,anditsglobalenvironmentby:

BusinessPlanning(PartII)

BUSINESSOWNERSHIP

Ourbusinesswillbeorganizedasa(soleproprietorship,apartnership,oracorporation):

Wechosethisformofownershipbecause:

Theriskofourbusinessrelatedtorevenueandexpensesis:

 

ENTREPRENEURSHIP

Ourtargetcustomersare:

Potentialforadditionalcompetitorstoenterourmarketwillbe:

Ourbusinesscansustainacompetitiveadvantageagainstcompetitionby:

ManagementPlan(PartIII)

MANAGINGEFFECTIVELY

Thestrategicplanofourbusinessis(includebusinessopportunitiesthatexistandhowyouwillcapitalizeonthoseopportunities):

Ourbusinesswilloperatetoachieveitsstrategicplanby:

ORGANIZATIONALSTRUCTURE

Theorganizationalstructureofourbusinesswillbe:

Theorganizationalchartofourbusinesswilllooklike:

Theresponsibilitiesoftheemployeesweplantohirewillbe:

Ifthebusinessgrows,theorganizationalstructurewillchangeby:

IMPROVINGPRODUCTIVITYANDQUALITY

Theproductionprocessofourbusinesswillbe:

Thenumberofemployeeswewillneedforproductionis:

Otherresources(suchasmachineryorfacilities)wewillneedforproductionare:

Thedesignandlayoutofthefacilitieswillbe:

Therentexpenseforthefirstyearwillbe:

Theannualutilityexpenseforourbusinessfacilitieswillbe:

Ourbusinesswillensurecustomersatisfactionby:

Ourbusinesswillensurethequalityofitsproductorserviceby:

Ourbusinesswillensurethatcustomersaretreatedproperlybyitsemployeesby:

Technologywillenablethebusinesstoimprovethequalityofitsproductorserviceby:

Ourproductionorcustomerservicemayimproveovertimeasaresultoftechnologyby:

Economiesofscalerelatetoourbusinessinthefollowingways:

OurbusinesswillusetheInternettogivecustomersanopportunitytoprovidefeedbacktomanagementby:

ManagingEmployees(PartIV)

MOTIVATINGEMPLOYEES

Wewillempowerouremployeestoperformwellby:

Wewillencourageouremployeestouseteamworkby:

TheHawthorneStudiesapplytoouremployeesorourselvesinthefollowingways:

Maslow’sHierarchyofNeedsappliestoouremployeesorourselvesinthefollowingways

Herzberg’sJobSatisfactionStudyappliestoouremployeesorourselvesinthefollowingways

McGregor’sTheoryXandTheoryYapplytoouremployeesorourselvesinthefollowingways

TheoryZappliestoouremployeesorourselvesinthefollowingways:

ExpectancyTheoryappliestoouremployeesorourselvesinthefollowingways:

EquityTheoryappliestoouremployeesorourselvesinthefollowingways:

ReinforcementTheoryappliestoouremployeesorourselvesinthefollowingways:

HIRING,TRAINING,ANDEVALUATINGEMPLOYEES

Jobdescriptions(includingrequirededucationandskills)foremployeeshiredwouldbe:

Thefollowingtrainingwillbeprovidedtoemployees:

Thecompensationplanforemployeeswillbe:

Bonuseswillbedeterminedby:

Thefollowingcriteriawillbeusedtoevaluateemployees:

TheInternetwillbeusedtoattractnewemployeesortomotivateexistingemployeesby:

Marketing(PartV)

CREATINGANDPRICINGPRODUCTS

Ourproductisdifferentthanthoseofferedbycompetitorsinthefollowingways:

Someadvantagesoverourproductoverthoseofcompetitorsare:

Productpricingwillbedeterminedby:

Productpricingwillcomparetopricesofcompetitiveproductsinthefollowingways:

Uniquefeaturesofourproductwillbeprotectedfromcompetitorsby:

DISTRIBUTINGPRODUCTS

Ourbusinesswilldistributeitsproductby:

Gaspriceorpostalrateincreaseswillaffectproductdistributionby:

PROMOTINGPRODUCTS

Promotionofourproductwillbeaccomplishedby:

Moneyallocatedtopromotionduringthefirstyearwillbe:

Couponsorrebatesused(ifany):

Ourbusinesswillusepublicrelationstopromotethecompanyoritsproductby:

OurbusinesswillusetheInternet(orothertechnology)forpromotingitselforitsproductasfollows:

FinancialManagement(PartVI)

ACCOUNTINGANDFINANCIALANALYSIS

Forecastedrevenueforthefirstyearis:

Forecastedexpensesforthefirstyearare:

Forecastedearningsbeforetaxesforthefirstyearare:

Assumingataxrateof20percent(useyouractualtaxrateifyouknowit),forecastedtaxesforthefirstyearwouldbe:

Forecastedearningsaftertaxesforthefirstyearwouldbe:

 

FINANCING

Theamountofmoneywewillneedtostartourbusiness:

Theamountwewillinvestinthebusinessasaformofequityinvestment:

Theamounttheco-owners(ifany)willhavetoinvestinthebusiness:

Theamountwewillneedtoborrow(includingtheinstitutionthatlendsyoumoneyandinterestrates):

Wewillneedtheseborrowedfundsforthefollowingnumberofyearsbeforewecanpaybacktheloan:

EXPANDINGTHEBUSINESS(optional)

Basedonforecastedearningsaftertaxesandtheamountofequityinvestedinthebusiness,ourforecastedreturnonequityis:

Wemayneedtomakethefollowingbigpurchasesforthebusinesssomeday:

Factorsthatmayaffectthecost-benefitanalysisofthispurchasewouldbe:

Toavoidshortages,wewillmaintainthefollowingamountofinventory:

Howtheaccountsreceivableswillbemanaged:

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