Business Plan
For _______________________________
Developed by ______________________________
Date ___________________
Company Description
Answers questions such as: Who do we serve with what product(s) and service(s)?
What geographic are do we target? How big are we?
Mission or Purpose
Answers questions such as: Why do we exist? What significant problem(s) do we
solve? What difference does it make that we are here?
Vision
Answers questions such as: If we live our mission, what will we look like in
X years? How will our customers view us in X years? What will be our financial
status and/or product mix in X years? What will we feel passionate about trying
to create?
Core Values
Answers questions such as: What do we believe? What kind of a culture will we
nurture? What is the priority mix among customers, employees, owners, and top
management?
Goals/Objectives
Answers questions such as: What will we accomplish during the next 1 -2 years
with respect to financial results, customer satisfaction, improvements in
internal operations, and development of our employees? How will these
accomplishments be measured?
Strengths/Areas of Improvement
Strengths:
Answers questions such as: What positive things do our customers, employees
and owners say about us? What are our core competencies? What do we do that no
one else does – or does as well? What resources do we have at our disposal
that we do/can leverage?
Areas for Improvement:
Answers questions such as: What feedback have we received from any source
that tells us of a dissatisfaction or opportunity to do better? What are things
we know about ourselves that need to be improved - and that when improved will
provide greater value to our customers?
Marketing Strategies and Tactics
Answers questions such as: What industry are we in and how is it changing?
Who are our customers? Who are our competitors? What differentiates us from our
competition that makes a difference in the mind of our customers? How well are
we positioned for the changes likely to occur in the next 1 – 5 years? What
steps will we take to penetrate deeper into current markets? What steps will we
take to expand into other markets?
Budget/ProForma:
Answers questions such as: What is our current balance sheet (income and
expenses)? What is our projected balance sheet per year out for X years? Where
will the money come from and where will it go? What assets will we retain to
grow the company?