[Start-up/Business] 10 ways to prepare a business planthe investment

[Start-up/Business] 10 ways to prepare a business plan

 

The basics of a business would be to write a business plan.
Especially for entrepreneurs, since it's a life-threatening plan, you have to fill it out carefully and meticulously to have less chance of failure.
So I'm going to briefly talk about 10 ways to write a business plan!

[Start-up/Business] 10 ways to prepare a business plan
*Objectives of preparing a business plan

Identify missing opportunities and risks
Data to persuade outside investors
Basic data for applying for permission necessary for a project
Communication tools between founders, start-up teams, and employees

-> Compass for vision and goal sharing, teamwork improvement, and the same goal

* Type of business plan

Company introduction, fund application, investment attraction, technology evaluation, licensing, major certification, bid proposal

*Process to prepare business plan
1. Business summary
2. Company Overview
3. Business Overview
4. Product and technology status
5. Market environment
6. Development plan
7. Marketing Plan
8. Organization and personnel planning
9. Revenue and revenue plan
10. Investment proposal

-> Various changes in order and content depending on the nature of the project

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a business sign

Business plan
Title and Company Name

-> The key is to create titles and covers so that investment decisions can be made just by looking at the title of the project

1. Business summary

It's written so that you can easily understand the whole thing with one page.
Organize business ideas in one page.

2. Company Overview

Company name
Business details
(Company name, address, business registration number, establishment date, website address, phone number, representative name)
Know the basics

The prospective entrepreneur only knows what's there

3. Business Overview

"Officially explaining the business"
(Introduction of business necessity and effectiveness, business area, business background, and business strategy)

a prospective entrepreneur
How did you come up with your business idea?
Who is the consumer?
Needs, what kind of needs were there?
What kind of value does it provide?
How to make a profit

->Create various technology start-ups, ideas start-ups, manufacturing, or services

4. Product, service, and technology status
specific goods, services
How to make a product
Explain the differentiation from competitors and their own competitiveness

5. Market environment
Create market conditions through macroscopic and micro-environmental analysis
(Market size, market outlook, competition status, customer trend)
Must be expressed numerically.
We need objective figures and evidence
(Economic Research Institute data, newspaper articles, statistical data, research reports)
"According to the data, products with business feasibility and market size..."
It would be nice if you could put in the relevant data.

6. Development plan
How to make a product
Service Creation Plan
production of goods
What are the prototypes and mass production plans?
Factory location and raw material line?
a general start-up
How do you organize the store?
What's the menu?

7. Marketing plan
Marketing can be written only when you know the basic theory
​STP Strategy
Targeting Positioning - Establishing an overall brand concept and marketing strategy
4P Strategy - Detailed product and price, distribution and promotion strategies
-> Important items with specific strategies for carrying out the project

8. Organization and personnel plan
Organizations and personnel to implement development and marketing plans
(Sales, Production, Development, Promotion, Management)
Create people and organization configurations at business size

9. Sales and import plan

(Sales Plan, Manufacturing Cost Plan, Cost Plan, Estimated Income Statement, Estimated Financial Statements)
Knowledge of financial accounting is required, especially estimated income statements and estimated financial statements.

10. Investment proposal
Emphasize profits so you can decide on your investment
(Investment points, stock value calculation, investment proposal, profitability analysis)
Describe the scope of the risk, the likelihood of recouping the investment