Tuesday, March 29, 2011

HOW TO CREATE A BUSINESS PLAN

TEMPLATE:- Use this template to create a business plan

SECTION 1: THE PROBLEM
  • Defining the Pain Points
  • Who feels the pain?
  • What is the extent of the Problem?
  • Customer validation of Pain points
SECTION 2: THE SOLUTION
  • The Solution in Detail
  • Logistics of Fulfillment
  • What is new in the Solution
  • The Value Provided by the Solution
  1. CUSTOMER VALUE PROPOSITION
  2. CUSTOMER VALUE
  3. PRICING Strategy
  • How to ensure Quality of Service?
  1. CONNECTED ACTIVITIES
  2. IMPLEMENTATION
  3. CAPABILITIES
  4. SUSTAINABILITY
  • Business Idea Validation : Potential Customer validation
  • The Framework
SECTION 3: THE MARKET
  • Total Addressable Market
  1. COMPETITION (PORTER's 5 FORCES ANALYSIS + INDUSTRY OVERVIEW)
  2. GO TO MARKET STRATEGY including Contingency Plan
  3. MARKETING & PROMOTIONAL STRATEGY
SECTION 4: THE TEAM
  • The Founders Profile
  • What is the team good at doing?
  • Advisers and their Profile
SECTION 5: OPPORTUNITIES AND THREATS
  1. SWOT ANALYSIS
  2. VIDE ANALYSIS
SECTION 6: COST STRUCTURE
  • What is the Break Even Period?
  • Financial Statement to validate Break Even
  • Financial requirements Breakup

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