Why do you need a business plan?

A business plan will provide information about your company to financial institutions, investors and suppliers and will demonstrate how you plan to use their money, and contribute to the credibility of your project.

When should we prepare a business plan?
The sooner the better. You will see that the final report of your business plan may differ from your initial draft because you update, réviserez and raffinerez over time. It is important that you look now all relevant factors. You would not be surprised once your business running.

Who should prepare a business plan?
The business plan should be prepared by the people who will implement.

The help of advisers, accountants, contents of books and experienced entrepreneurs can surely help you, but you should outline the initial plan. After all, you are going to manage the business once in motion.

Think thoroughly to each element of your business plan to have a good understanding of the overall picture and details.

Present your business plan with others to solicit their constructive criticism, advice and try to take advantage of their experience by changing your plan, if necessary.

What to expect?
If you have never developed a business plan, you want to know the benefits before making this work. First, the most important thing is that your plan will serve as a guide. Secondly, it will give your financial institution a real view of your business plan and, therefore, will increase your chances when your loan application. Finally, your plan may help you in your career as a director or an administrator, you think practicing in the competition, the promotional opportunities, finance, etc.. Your goal is to put your plan into effect.

1. Abstract / Description
Describe briefly:

if it is a new business, expanding an existing business or buying an existing business;
the kind of activity in which you have initiated (manufacturing, wholesale, retail, food processing, service, high technology, etc.).
your product or service and its uniqueness;
the market to be served;
your competitive advantage;
The main objectives of your organization;
your management experience;
the project schedule.
(This description should not exceed one page of your business plan.)
In addition, briefly describe the kind of company structure chosen:

sole proprietorship;
partnership (join the cartel);
capital (join the agreement between the shareholders);
Cooperative (join the agreement among members).
Include:

the date of registration / incorporation;
the name and address of the company;
telephone number of the company;
the names and phone numbers of directors or principals;
the percentage of the company or the number of shares held by each (of the partnership or capital);
the website address and e-mail addresses relevant.
2. The cost and financing of the project
Give the costs and sources of financing for the proposed project.

Summary of project costs
Land and buildings ____________________
Leasehold improvements (renovations) ____________________
Equipment and furnishings ____________________
Other assets (goodwill, franchise, etc.). ____________________
Vehicles (used by the company) ____________________
Inventory (startup cost) ____________________
Other start-up costs as cash flow (accounting, taxes and permits, insurance, rent, supplies, etc.). ____________________
Working Capital ____________________
Total project cost ____________________
Project funding
Have
-- Cash
-- Active capital ____________________
____________________
____________________
Land and mortgaging of the building ____________________
Ready equipment ____________________
Other loan ____________________
Line of credit (M / C) ____________________
Grant ____________________
Source total funding ____________________

* The total project costs and funding sources should be equal.

3. Product / Service
Describe the products that you manufacture or the services or goods that you offer.
What makes your products / services unique? How does your company differs Does others in the industry?
What are the advantages and characteristics that will encourage customers to do business with you (convenience, service, performance)?
Will you any guarantees on products or services?
Provide information on any patent, trade secret or other technical advantage that is not offered by your competitors.
4. Marketing
Determine the total market for your company.
What kind of customer you to receive your products?
Determine your competition, its strengths and weaknesses and your benefits and threats in relation to theirs.
How are your competitors will they react to your entry into the market?
What are your previous sales (if any) and your projections?
What price (manufacturing, wholesale, retail, etc.). Planning to ask you for your products / services and how they compare to those of the competition?
What are your conditions of sale (cash or credit)?
Determine advertising campaigns that will be used.
5. Requirements for the operation
Determine your infrastructure needs such as size, location, type of building. Join the plans of the proposed building. Join the most recent assessment agents buildings, offers to purchase or lease, the symbols of suppliers, etc.. Tell why you chose this location.
Provide details of the arrangements such as water, electricity, compressed air, ventilation, heating, air conditioning, drainage, waste, as required by the Department of Health and so on. Include certificates of Public Health (latest), Liquor Licence, the municipal zoning, and so on.
Provide a detailed list of the following elements (including the legal description): land and buildings, leasehold improvements, equipment and furnishings, vehicles, inventory and other assets. The list should include the proposed purchase price of each asset.
Provide a general description of the daily operations of the company (as the hours and days of opening the season, suppliers and their credit terms, etc.)..
Provide the estimated costs of products and manufacturing (if applicable).
6. Management
What is the proposed organizational structure for your business (which is what)? Add a brief job description for each job.
Provide a brief biography of management capacities of key personnel (indicate their age and their history in this type of business). State the monetary benefits (salary, bonuses, profit sharing, and so on.) Granted to each manager.
7. Staff
List of employees (except the owners or managers) in accordance with the following titles:
Employment: full-time, part-time, seasonal, temporary and
mode salary hour, monthly, commission, etc..
Provide a job description of each item by specifying the responsibilities and tasks to be done. Indicate the skill level required.
If training is needed, mention the duration and cost of training.
8. References
Enter the name of your:

  Name Phone Mail
Accountant _______________ _______________ _______________
Managing director or manager of bank _______________ _______________ _______________
Counsel _______________ _______________ _______________
Insurance Company _______________ _______________ _______________
A lawyer or lawyer _______________ _______________ _______________

9. Financial forecasts
Provide an estimate of the evolution of cash for three years (pro forma), a balance sheet and a statement of profits or losses.

10. Additional Information
It is not uncommon that a financial institution requires that managers submit with their loan application, a statement of their personal net assets. The financial institution usually provides this form. It may, if necessary, also require a history of the company's financial statements. You should include in the annex any other additional information or documentation to support your business plan.
What a business plan?
A business plan is a recognized management tool used by successful and / or prospective businesses of all sizes. It defines the business objectives and proposes steps to achieve these goals in a period of time. It is a written document that describes who you are, what you want to accomplish, where your business will be located, when you come to expect and how you overcome the risks inherent in your business to reach anticipated revenue.

Why do you need a business plan?
A business plan will provide information about your company to financial institutions, investors and suppliers and will demonstrate how you plan to use their money, and contribute to the credibility of your project.

When should we prepare a business plan?
The sooner the better. You will see that the final report of your business plan may differ from your initial draft because you update, réviserez and raffinerez over time. It is important that you look now all relevant factors. You would not be surprised once your business running.

Who should prepare a business plan?
The business plan should be prepared by the people who will implement.

The help of advisers, accountants, contents of books and experienced entrepreneurs can surely help you, but you should outline the initial plan. After all, you are going to manage the business once in motion.

Think thoroughly to each element of your business plan to have a good understanding of the overall picture and details.

Present your business plan with others to solicit their constructive criticism, advice and try to take advantage of their experience by changing your plan, if necessary.

What to expect?
If you have never developed a business plan, you want to know the benefits before making this work. First, the most important thing is that your plan will serve as a guide. Secondly, it will give your financial institution a real view of your business plan and, therefore, will increase your chances when your loan application. Finally, your plan may help you in your career as a director or an administrator, you think practicing in the competition, the promotional opportunities, finance, etc.. Your goal is to put your plan into effect.

1. Abstract / Description
Describe briefly:

if it is a new business, expanding an existing business or buying an existing business;
the kind of activity in which you have initiated (manufacturing, wholesale, retail, food processing, service, high technology, etc.).
your product or service and its uniqueness;
the market to be served;
your competitive advantage;
The main objectives of your organization;
your management experience;
the project schedule.
(This description should not exceed one page of your business plan.)
In addition, briefly describe the kind of company structure chosen:

sole proprietorship;
partnership (join the cartel);
capital (join the agreement between the shareholders);
Cooperative (join the agreement among members).
Include:

the date of registration / incorporation;
the name and address of the company;
telephone number of the company;
the names and phone numbers of directors or principals;
the percentage of the company or the number of shares held by each (of the partnership or capital);
the website address and e-mail addresses relevant.
2. The cost and financing of the project
Give the costs and sources of financing for the proposed project.

Summary of project costs
Land and buildings ____________________
Leasehold improvements (renovations) ____________________
Equipment and furnishings ____________________
Other assets (goodwill, franchise, etc.). ____________________
Vehicles (used by the company) ____________________
Inventory (startup cost) ____________________
Other start-up costs as cash flow (accounting, taxes and permits, insurance, rent, supplies, etc.). ____________________
Working Capital ____________________
Total project cost ____________________
Project funding
Have
-- Cash
-- Active capital ____________________
____________________
____________________
Land and mortgaging of the building ____________________
Ready equipment ____________________
Other loan ____________________
Line of credit (M / C) ____________________
Grant ____________________
Source total funding ____________________

* The total project costs and funding sources should be equal.

3. Product / Service
Describe the products that you manufacture or the services or goods that you offer.
What makes your products / services unique? How does your company differs Does others in the industry?
What are the advantages and characteristics that will encourage customers to do business with you (convenience, service, performance)?
Will you any guarantees on products or services?
Provide information on any patent, trade secret or other technical advantage that is not offered by your competitors.
4. Marketing
Determine the total market for your company.
What kind of customer you to receive your products?
Determine your competition, its strengths and weaknesses and your benefits and threats in relation to theirs.
How are your competitors will they react to your entry into the market?
What are your previous sales (if any) and your projections?
What price (manufacturing, wholesale, retail, etc.). Planning to ask you for your products / services and how they compare to those of the competition?
What are your conditions of sale (cash or credit)?
Determine advertising campaigns that will be used.
5. Requirements for the operation
Determine your infrastructure needs such as size, location, type of building. Join the plans of the proposed building. Join the most recent assessment agents buildings, offers to purchase or lease, the symbols of suppliers, etc.. Tell why you chose this location.
Provide details of the arrangements such as water, electricity, compressed air, ventilation, heating, air conditioning, drainage, waste, as required by the Department of Health and so on. Include certificates of Public Health (latest), Liquor Licence, the municipal zoning, and so on.
Provide a detailed list of the following elements (including the legal description): land and buildings, leasehold improvements, equipment and furnishings, vehicles, inventory and other assets. The list should include the proposed purchase price of each asset.
Provide a general description of the daily operations of the company (as the hours and days of opening the season, suppliers and their credit terms, etc.)..
Provide the estimated costs of products and manufacturing (if applicable).
6. Management
What is the proposed organizational structure for your business (which is what)? Add a brief job description for each job.
Provide a brief biography of management capacities of key personnel (indicate their age and their history in this type of business). State the monetary benefits (salary, bonuses, profit sharing, and so on.) Granted to each manager.
7. Staff
List of employees (except the owners or managers) in accordance with the following titles:
Employment: full-time, part-time, seasonal, temporary and
mode salary hour, monthly, commission, etc..
Provide a job description of each item by specifying the responsibilities and tasks to be done. Indicate the skill level required.
If training is needed, mention the duration and cost of training.
8. References
Enter the name of your:

  Name Phone Mail
Accountant _______________ _______________ _______________
Managing director or manager of bank _______________ _______________ _______________
Counsel _______________ _______________ _______________
Insurance Company _______________ _______________ _______________
A lawyer or lawyer _______________ _______________ _______________

9. Financial forecasts
Provide an estimate of the evolution of cash for three years (pro forma), a balance sheet and a statement of profits or losses.

10. Additional Information
It is not uncommon that a financial institution requires that the director