formatbusiness plan1.docx
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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: