Business Plan Part 2: Executive Summary, Technology, Management, Sustainability, Development and Financials
Business Plan Part 2
Executive Summary, Technology, Management, Sustainability, Development and Financials should address each of the following sections and the information required within each section. Number of total pages range from a minimum of 10 to a maximum of 20, not including References and the optional Appendices.
Executive Summary (4 points)
This is the single most important part of your business plan. You will want to write the executive summary last, after you have carefully considered all other aspects of your business.
Your basic business concept makes sense
Your business itself has been thoroughly planned
The management is capable
A clear-cut market exists
Your business incorporates significant competitive advantages
Your financial projections are realistic
Investors or lenders have an excellent chance to make money
Technology Plan (4 points)
This section of your business plan gives you a framework to better understand the scope of your technology needs and assist you with creating a realistic technology budget.
Role of technology in your business
Description of technologies and uses
Technology plan (cost, security, training, etc.)
Global technology concerns
Management & Organization (4 points)
Potential investors will thoroughly examine the backgrounds of the management team that will be running your company.
Describe management team and roles
Your management structure and style
Board of directors
Advisory committee
Consultants and other specialists
Key management personnel to be added
Management compensation & incentives
Globalization and management
Social Responsibility & Sustainability (4 points)
Considering this section thoroughly can bring many benefits to your company. Demonstrating integrity and being good corporate citizens, help to build your corporate culture, attract employees and gain visibility for your business.
Describe how your company is socially responsible
What are benefits of social responsibility?
Ethics
Social activities
Globalization and social responsibility
Development, Milestones & Exit Plan (4 points)
This section shows how you have carefully considered how your company will grow over time. Investors will be interested in how they can recoup the money they have invested and they will recognize and value a well thought out and realistic exit plan.
Future Goals
Strategies and priorities
Milestones achieved to date and future milestones
Risk evaluation
Globalization
Exit plan
The Financials (5 points)
This portion of your business plan will consist mostly of the actual financial projections.
Income statement form (annual by month OR quarter for one year)
Cash flow projections form (annual by month OR quarter for one year)
Balance sheet
Assumptions sheet
Optional Appendix:
Not required and will receive no points. You may use an Appendix if you think it adds value to your business plan.
The Plan’s Appendix:
Use this part of your business plan to provide information that is too extensive to be included in the other sections of your proposal.
Letters of intent/Key contracts
Endorsements
Photos
List of locations
Market research results
Resumes of key managers
Technical information
Manufacturing information
Marketing material
Work schedule
Floor plan
Sample Papers
Sample A Assignment 2 Attached