Business plan
Business plan checklist
DETAILS OF THE BUSINESS
- Name of the business
- Type of business (private limited company, partnership, etc.)
THE NATURE & OBJECTIVES OF THE BUSINESS
- What will be your main business activity?
- What is your own professional background?
- Roughly how will the business be structured?
- Do you have an overall vision for the company?
THE PRODUCT/SERVICE IN RELATION TO THE MARKET
- What is the state of the market? Growing, static, seasonal?
- How will your products/services be positioned? Up or downmarket?
- Who will be your target customers?
- Who will be your major competitors?
- How will you market your products or services?
PERSONNEL
- Approximately how many people will the company employ and in what capacity?
PREMISES
- Where will the company be located? Why?
- What kind of property will you require? Offices or factories? Leased or purchased?
EQUIPMENT REQUIRED
- What general trading equipment, if any, will you require? Vehicles, computer hardware?
- What manufacturing equipment, if any, will you require? Machinery, tools?
FINANCIAL PLAN
- How much capital do you require initially?
- What will this pay for?
- Will you need more capital later on? How much?
- How soon do you expect the business to break even?