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Wednesday, 15 May 2019

Business Plan Made Easy for GST302 (NOUN)

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A business plan is not always the long, complex and scary document and presentation you think it is. Depending on your target audience (banks, investors, business plan competition), a business plan can be as simple or complex as you want it.


Simple business plan outline:

1. Executive summary
Write this last. It’s just a page or two which highlights the points you’ve made elsewhere in your business plan.
It’s also the doorway to your plan—after looking over your executive summary, your GST302 grading officer is either going to throw your business plan away or keep reading, so get it right.
Under this executive summary, briefly give details of the problem you are solving for customers, your solution, the target market, the founding team, and financial forecast highlights. Keep things as brief as possible and entice your GST302 grading officer to learn more about your business plan .

2. Opportunity
Here, describe the problem that you solve for your customers and the solution that you are selling.
It is always a good idea to think of customer needs and customer benefits as you define your product or service offerings. rather than thinking of your side of the equation (how much the product or service costs, and how you deliver it to the customer).
Sometimes this part of the plan will include tables that provide more details, such as a total amounts of the raw materials or goods or detailed price lists, but more often than not this section just describes what you are selling and how your products and services fill a need for your customers.
3. Market analysis summary
You need to know your target market—the types of customers you are looking for—and how it’s changing.
Use this section to discuss your customers’ needs, where your customers are, how you plan to reach them and how to deliver your product to them.
You’ll also need to know who your competitors are and how you stack up against them—why are you sure there’s room for you in this market?
4. Execution
Use this section to outline your marketing plan, your sales plan, and the other logistics involved in actually running your business.
You’ll want to cover the technology you plan on using, your business location and other facilities, special equipment you might need, and your roadmap for getting your business up and running. Finally, you’ll want to outline the key metrics you’ll be tracking to make sure your business is headed in the right direction.


5. Company and management summary
This section is an overview of who you are.
It should describe the organization of your business, and the key members of the management team, but it should also ground your GST302 grading officer with the nuts and bolts: who is/are the owner(s), what state you hope to register your bussness , in and where you do business. 
Be sure to include summaries of your work backgrounds and experience if its relevant to the skills needed for the business you are proposing—these should act like a brief CV. 




6. Financial plan
At the very least this section should include your projected profit and loss and cash flow tables, and a brief description of the assumptions you’re making with your projections.
You may also want to include your balance sheet, your sales forecast, business ratios, and a break-even analysis.
Finally, if you are raising money or taking out loans, you should highlight the money you need to launch the business.



You can choose from any of these business or services and write a bussness plan using the guide above.

1. Furniture Manufacturer Business Plan

Creek Cabinets will be formed as a cabinet company specializing in custom cabinets for the high-end residential, resort, and commercial market. Its founders have extensive experience in the construction and cabinet industry. Read Full Business Plan 

2. Construction Repair Business Plan
Hodge Sealcoating Company will be a service provider that offers crack filling and sealcoating to residential customers. Sealcoating protects asphalt driveways by filling the cracks and coating the surface of the driveway, protecting it against the weather. Read Full Business Plan

3. Computer Consulting Business Plan
Calico Computer Consulting shall provide fast and reliable technical assistance to small office computer users. The keys to success for CCC are marketing and networking, responsiveness, quality, and generating repeat customers. The initial primary service offered will be hourly technical aid, although retainer contracts and projects will be considered in the future growth. Read Full Business Plan 
4. Marketing Strategy Consultant Business Plan
The Strategy Group (SG), shall be dedicated to providing marketing and management consulting services to small and emerging businesses looking for opportunities to increase their potential for success. Unlike traditional management consulting firms that focus on analyzing problems for large customers, SG will work exclusively with small business clients to develop concrete, practical, short-term action plans that will start moving their businesses in the right direction. Read Full Business Plan

5. Day Care Business Plan
Safe Kids Child Care is a start-up organization that shall provide day care services to families living in the surburbs of a large city. This mid-sized child care facility shall serve children from three months to six years of age. Safe Kids’s services are safe and secure, providing the parents with an excellent place where their children can be taken care of. Read Full Business Plan
6. Diaper Manufacturer Business Plan
Baby Nappies plans to enter and penetrate the baby nappies and sanitary pads market. Baby Nappies World is poised to take advantage of the impressive growth rate and minimal local competition in this market. It will have a dedicated and experienced staff, excellent order procurement, and effective management and marketing. Read Full Business Plan
7. Movie Theater Business Plan
The Falls River Theatre will provide the residents of Falls River with a long-awaited, hometown movie theatre. The films shown will be second run releases of the most popular movies in two target markets: families and young adults. Read Full Business Plan 
8. Parenting Centre Business Plan
A Mother’s Place is a new company targeted to open in Lagos. We will provide a family-friendly environment with high quality customer service to meet the daily emotional, physical and social well-being needs of mothers, young children and other family members. Read Full Business Plan
9. Recreation Center Business Plan
Play Time for Kids has identified the family entertainment industry as its primary interest and the company has focused its efforts on the development of one or more family entertainment centers (FEC) to provide quality family entertainment activities to the communities in Nigeria Big City area. Read Full Business Plan

10. Educational Software Business Plan
Third Degree I.D. shall design, develop, and market instructional products and services for the corporate, education, government, and healthcare e-learning industries. It shall provide a core deliverable of programs, courses, and learning objects for the distance education, distributed learning, and e-learning markets. Read Full Business Plan 

11. Computer Software Business Plan
FoodFun Lifeskills Instructional Software (FoodFun LIS) is a start-up organization whose vision is to create the finest education/­entertainment software for non-reading individuals with developmental disabilities. The software product is designed and created for the special education industry. It will be constructive by teaching certain lifeskills and will be fun to use, encouraging the student to use it as often as possible. Read Full Business Plan 
12. Teachers Employment Agency Business Plan
Teacherafterschooljo­bs.com is a new job search website that is designed to provide teachers with part-time or seasonal employment, supplementing their current income. The site will be effective in matching educated, mature, responsible educators with employers in need of their part-time or summer assistance. Read Full Business Plan 
13. Agriculture Farm Business Plan
Botanical Bounty is working hard to become a leading producer of botanical plants for the natural supplement industry as well as plant nurseries. By leveraging a well thought-out business plan executed by a skilled management team, Botanical Bounty will generate over 20 million naira in sales in the next two years. Read Full Business Plan 
14. Agriculture Fruit Farm Business Plan

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