Appendix A - Business Plan Template
Appendix A - Business Plan Template
Business Plan Template
USING THIS TEMPLATE
A business plan carefully spells out a company's projected course of action over a period of time, usually the first two to three years after the start-up. In addition, banks, lenders, and other investors examine the information and financial documentation before deciding whether or not to finance a new business venture. Therefore, a business plan is an essential tool in obtaining financing and should describe the business itself in detail as well as all important factors influencing the company, including the market, industry, competition, operations and management policies, problem solving strategies, financial resources and needs, and other vital information. The plan enables the business owner to anticipate costs, plan for difficulties, and take advantage of opportunities, as well as design and implement strategies that keep the company running as smoothly as possible.
This template has been provided as a model to help you construct your own business plan. Please keep in mind that there is no single acceptable format for a business plan, and that this template is in no way comprehensive, but serves as an example.
The business plans provided in this section are fictional and have been used by small business agencies as models for clients to use in compiling their own business plans.
GENERIC BUSINESS PLAN
Main headings included below are topics that should be covered in a comprehensive business plan. They include:
Business Summary
Purpose
Provides a brief overview of your business, succinctly highlighting the main ideas of your plan.
Includes
- Name and Type of Business
- Description of Product/Service
- Business History and Development
- Location
- Market
- Competition
- Management
- Financial Information
- Business Strengths and Weaknesses
- Business Growth
Table of Contents
Purpose
Organized in an Outline Format, the Table of Contents illustrates the selection and arrangement of information contained in your plan.
Includes
- Topic Headings and Subheadings
- Page Number References
Business History and Industry Outlook
Purpose
Examines the conception and subsequent development of your business within an industry specific context.
Includes
- Start-up Information
- Owner/Key Personnel Experience
- Location
- Development Problems and Solutions
- Investment/Funding Information
- Future Plans and Goals
- Market Trends and Statistics
- Major Competitors
- Product/Service Advantages
- National, Regional, and Local Economic Impact
Product/Service
Purpose
Introduces, defines, and details the product and/or service that inspired the information of your business.
Includes
- Unique Features
- Niche Served
- Market Comparison
- Stage of Product/Service Development
- Production
- Facilities, Equipment, and Labor
- Financial Requirements
- Product/Service Life Cycle
- Future Growth
Market Examination
Purpose
Assessment of product/service applications in relation to consumer buying cycles.
Includes
- Target Market
- Consumer Buying Habits
- Product/Service Applications
- Consumer Reactions
- Market Factors and Trends
- Penetration of the Market
- Market Share
- Research and Studies
- Cost
- Sales Volume and Goals
Competition
Purpose
Analysis of Competitors in the Marketplace.
Includes
- Competitor Information
- Product/Service Comparison
- Market Niche
- Product/Service Strengths and Weaknesses
- Future Product/Service Development
Marketing
Purpose
Identifies promotion and sales strategies for your product/service.
Includes
- Product/Service Sales Appeal
- Special and Unique Features
- Identification of Customers
- Sales and Marketing Staff
- Sales Cycles
- Type of Advertising/Promotion
- Pricing
- Competition
- Customer Services
Operations
Purpose
Traces product/service development from production/inception to the market environment.
Includes
- Cost Effective Production Methods
- Facility
- Location
- Equipment
- Labor
- Future Expansion
Administration and Management
Purpose
Offers a statement of your management philosophy with an in-depth focus on processes and procedures.
Includes
- Management Philosophy
- Structure of Organization
- Reporting System
- Methods of Communication
- Employee Skills and Training
- Employee Needs and Compensation
- Work Environment
- Management Policies and Procedures
- Roles and Responsibilities
Key Personnel
Purpose
Describes the unique backgrounds of principle employees involved in business.
Includes
- Owner(s)/Employee Education and Experience
- Positions and Roles
- Benefits and Salary
- Duties and Responsibilities
- Objectives and Goals
Potential Problems and Solutions
Purpose
Discussion of problem solving strategies that change issues into opportunities.
Includes
- Risks
- Litigation
- Future Competition
- Economic Impact
- Problem Solving Skills
Financial Information
Purpose
Secures needed funding and assistance through worksheets and projections detailing financial plans, methods of repayment, and future growth opportunities.
Includes
- Financial Statements
- Bank Loans
- Methods of Repayment
- Tax Returns
- Start-up Costs
- Projected Income (3 years)
- Projected Cash Flow (3 Years)
- Projected Balance Statements (3 years)
Appendices
Purpose
Supporting documents used to enhance your business proposal.
Includes
- Photographs of product, equipment, facilities, etc.
- Copyright/Trademark Documents
- Legal Agreements
- Marketing Materials
- Research and or Studies
- Operation Schedules
- Organizational Charts
- Job Descriptions
- Resumes
- Additional Financial Documentation
Cite this article
Pick a style below, and copy the text for your bibliography.
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Logic circuits and the quality of life: the applications of logic circuits are countless.(RESOURCES IN TECHNOLOGY)
Magazine article from: The Technology Teacher; 2/1/2006; ; 700+ words
; ...technology is known as the binary logic gate. Logic Control Circuits Often, logic circuits are interfaced with other...such that the electronic circuits control the behavior of...order to do this, the logic circuit must be able to tell if...
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New York Inventor Develops Gated Diode Logic Circuit
News Wire article from: US Fed News Service, Including US State News; 6/15/2007; 653 words
; ...processed by conventional logic circuits to perform certain...functions in a gated diode logic circuit. The V sub t variation of...Thus, in a gated diode logic circuit, the gated diode circuit can sense and amplify the...conjunction with conventional logic ...
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Japanese Inventors Develop Logic Circuit System
News Wire article from: US Fed News Service, Including US State News; 10/10/2008; 531 words
; ...developed a programmable logic circuit. According to the...Office: "A logic circuit system with power consumption...programmable logic circuits. The programmable logic circuits are capable of achieving plural circuit functions dynamically...
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IBM researchers build world's first single-molecule computer circuit; Carbon nanotube transistors transformed into logic-performing integrated circuits; major step toward molecular computers.
M2 Presswire; 8/27/2001; 700+ words
; ...molecule computer circuit; Carbon nanotube transistors transformed into logic-performing integrated circuits; major step toward...first single-molecule logic circuit. More importantly...IBM's new nanotube circuit is stronger that the...useful microprocessors. Circuits with a ...
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Patent No. 7,600,140 Issued on Oct. 6, Assigned to Kabushiki Kaisha Toshiba for Logic Circuit System (Japanese Inventors)
News Wire article from: US Fed News Service, Including US State News; 10/8/2009; 480 words
; ...developed a logic circuit system...A logic circuit system with...programmable logic circuits. The programmable...programmable logic circuits...changing the circuit functions realized...programmable logic circuits to any one...programmable ...
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Pennsylvania Inventors Develop Digital Logic Circuit Powering Apparatus
News Wire article from: US Fed News Service, Including US State News; 12/27/2007; 542 words
; ...apparatus for powering digital logic circuit. According to the U.S. Patent...apparatus for powering digital logic circuits that provides low power consumption...maintaining high performance. The circuit is divided into logic elements necessary for maintaining...
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California Inventors Develop Configurable Logic Circuit
News Wire article from: US Fed News Service, Including US State News; 10/23/2008; 485 words
; ...have developed configurable logic circuits with commutative properties...provide a configurable logic circuit. The logic circuits has inputs for receiving input...also has a first connecting circuit for receiving configuration...
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Colorado, California Inventors Develop Interconnect Driver Circuits for Dynamic Logic
News Wire article from: US Fed News Service, Including US State News; 6/20/2008; 496 words
; ...interconnect driver circuit. According to the U...Interconnect driver circuits that can be used in...dynamic programmable logic devices (PLDs). An...interconnect driver circuits coupled between the logic circuits. Each self-resetting interconnect driver circuit includes a ...
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Canadian Inventor Develops Programmable Logic Device Latch Circuit
News Wire article from: US Fed News Service, Including US State News; 8/9/2006; 480 words
; ...circuitry for programmable logic regions on integrated circuits such as programmable logic device integrated circuits. An abstract of the invention...programmable combinational logic circuits. Latch circuitry in a logic...programmable combinational logic circuit ...
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California Inventors Develop Programmable Logic Device with Programmable Selector Circuit
News Wire article from: US Fed News Service, Including US State News; 4/4/2008; 554 words
; ...developed a programmable logic device (PLD) with a programmable selector circuit. According to the U...programmable interconnect circuit, programmable logic circuits, one-bit registers, selector circuits, and input/output...programmable interconnect circuit is configurable to ...
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logic circuit
Book article from: The Columbia Encyclopedia, Sixth Edition
logic circuit electric circuit whose output depends upon the input in a way that can be expressed...states, e.g., "on" or "off" ) and a single binary output. Logic circuits that perform particular functions are called gates. Basic logic...
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multivalued logic
Book article from: A Dictionary of Computing
...Digital logic for use in logic circuits that are designed to handle...exactly as it does to binary logic. There is much interest currently in ternary logic (q = 3) and, to a somewhat lesser extent, in quaternary logic ( q = 4). Such logics promise reduced numbers of...
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logic state
Book article from: A Dictionary of Computing
...device technology. In TTL circuits, for example, a true state is represented by a logic 1, approximately equal to +5 volts on a signal line; logic 0 is approximately 0 volts...undefined. Since only two logic states, logic 1 and logic...
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LOGIC
Book article from: Concise Oxford Companion to the English Language
...such as logical positivism , and of techniques considered to incorporate logic, such as logic arrays and logic circuits in electronic technology. Classical logic The term logikḗ was coined by the Greek philosopher Alexander of Aphrodisias...
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logic operation
Book article from: A Dictionary of Computing
...operations involving one or two operands. Logic circuits are fabricated for the implementation of logic operations on their input signals. The inputs may be words (or bytes), and the logic operation is applied to each bit in accordance...
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