how to write a business plan?

Fritz Sisomphou: Oh boy! This isn't the place to ask those questions. You need a lot of information. Go to a bookstore or Amazon and look for books. Don't read just one...you need to read a few b/c different authors focus more on different areas. You likely won't be raising capital...you will be getting bank debt. To do that you will need historical f/s, forecasted f/s and either very strong cash flow or assets to collateralize the loan. I doubt you will be able to demonstrate to a bank that the business is strong enough to support the loans so it will end up being a personal loan, more or less, and the rates will be rather high and you will have to give personal guarrantees. Go get some books and do a lot of reading....Show more

Providencia Jalbert: Any reputable lender will require a business plan that shows that you can pay the loan back. Go to http://sba.gov/smallbusinessplanner/plan/writeabus... or http://www.score.org/template_gallery.html for instructions on! how to write a business plan and sample business plans. You will personally have to put up 30% of the funds. No bank is going to assume all of the risk.

Tatiana Evanosky: Your business plan must have this following elements:1. Mission, Vision and Values Statements - These define the philosophy and purpose of your business. It states your ultimate goals and describes how you want your business to be regarded by your target market.2. The Executive Summary - This is a concise summary of the plan’s important points. This section gives a synopsis of your entire business plan and is often intended to give readers a clear idea of what the business is all about. Although placed at the beginning of the document, it is actually written last, after the entire business plan is completed.3. Business Description - This section will explain in greater detail what the business is all about. It will also state the rationale behind the business â€" it’s importance, target market a! nd profitability. This part also describes the business proces! ses involved in running the venture as well as the business model that will be used. 4. The Business Organization - This portion lists the key positions in the business organization, including the different departments, the required number of personnel and the duties and responsibilities of each person involved.5. Products and Marketing Plan - This part will discuss the products and services of the business. What are you offering? Who is your target market? How big is your audience? What is the current situation of the industry?6. Financial Strategies - If you’re pitching your business plan to potential investors, then you must make this part as comprehensive as you can. This section describes how the money will flow in and out of your business....Show more

Shemeka Laker: As you are going to stat business you have to sub,it a small project report covering the following areas.Name of the proposed company and address.name of the proprietor / partners and address.Propo! sed line of business The amount required to buy capital goods like furniture, fittings etcThe initial amount required to buy stock in tradeExpected monthly sales and net profitAmount of loan required and how much you can investIf you can offer any security furnish the details.It is always better to approach bank with details....Show more

Chris Wilczewski: 1. Make sure to include an effective cover page.2. Table of contents.3. Introduction - briefly describe your plan.4. In the plan - include industry analysis, competitor analysis, customer analysis, marketing stuff (4P, SWOT and so on), show competitive advantage of you product: why will the plan be successful and why an investor should invest in it, define sector of customers,write down an organisational structure...5. Do all your finances meticulously. Base your forecasts on some real historical data or reasonable measures. Do not just put in some random numbers. Prepare the plan as long as it will take to reach a b! reak even point where return from the business equals the investment. I! f you can make a longer plan, then do it. Make the plan at least 5 year-long. Prepare pro forma BS, CF, IS. Make sure to include relevant ratios like quick ratio, leverage ratio and so on. Choose ratios best suited for the industry you are going to operate in. Use NPV, IRR, MIRR and etc. Include all equity finance, debt finance or mixed finance alternatives.6. Executive summary - summarise your project in a page....Show more

Ester Bryand: Getting a business loan is NOT easy â€" especially with the tough economic climate. You just don’t go to a bank to ask for a loan with only your business idea. Banks look at other factors not just your credit score when applying for a business loan. Banks want to see:- demonstrated ability of the business to generate revenues -- businesses that are already operating and have at least 2 years' worth of financial statements that demonstrate strong profitability. Business ideas are just ideas; not proven to generate profits- ability t! o repay the loan through collaterals and assets- solid management team: they want to know that the business will be run by someone who knows what they are doing- excellent credit history- your investment in the business: they want to see that you believe in your business enough to put down your own money into the businessIf you have the above, then prepare a business plan. - The business plan is NOT the first thing banks want to see. It's important, but banks will need to see your ability to repay the loan. Sometimes, they won't even bother to read your business plan if they know you don't have any money. If you have to have a business plan, you need a good executive summary (as that is what they're most likely read, if at all) PLUS solid, realistic financial projections/plansHere are some resources that can help you write your business plan:- SBA Business Plan Basics http://www.sba.gov/starting_business/planning/basi...- PowerHomeBiz.com Creating a Business Plan section ht! tp://www.powerhomebiz.com/startup/businessplan.h...You may also want to! review some sample business plans to see how it actually looks like:- Bplans.com http://www.bplans.com/sp/businessplans.cfm- MOOT Corp Business Plan competition winnershttp://www.businessplans.org/businessplans.html...Show more