Business plan template (not just to borrow money with)

Below is typical of the business plan often required by banks of a business applying for a loan.  However, business plans are used by the farsighted entrepreneur in order to systematically map out the directions the business will take in the near or long-term future.

Name of business:          _______________________________

Name of owner:               _______________________________

Address:                              ___________________________________________________

Telephone:                         _______________________________

____________________________

Date

INTRODUCTION

__________________________ is a company whose principal business is the manufacture/sale of _____________________________________________________________________________.

 

The goals of this business are to:

  1.  Begin/expand operations by _________________, 20_____
  2. Reach profitability by __________________, 20_____
  3. Secure financing in the amount of P___________ from the ___________________ bank/organization by _______________________ 20____ for the purpose of purchasing the following:
    1. __________________________________
    2. __________________________________
    3. __________________________________
    4. __________________________________
    5. __________________________________
    6. __________________________________
    7. __________________________________
    8. I should be able to secure this loan by pledging the following assets:

`               ________________________________________________________

________________________________________________________

________________________________________________________

________________________________________________________

________________________________________________________

 

DESCRIPTION OF PRODUCTS/SERVICES

The company will be selling the following:

Name of products/services                          Purchase price                   Selling price

__________________________                           _______________        ______________

__________________________                           _______________        ______________

__________________________                           ________________     _______________

__________________________                           ________________     _______________

__________________________                           ________________     _______________

 

The raw materials for these products/services have been obtained from the following suppliers by the following methods/frequency of purchase:

____________________________________________________________________

____________________________________________________________________

____________________________________________________________________

 

CUSTOMERS

Below is a list of our company’s primary customers:

  1.  The number and kind of people most interested in our products and services are as follows:

_________________________________________________________________

_________________________________________________________________

_________________________________________________________________

 

  1.  These people primarily work and live in the following areas:

_________________________________________________________________

_________________________________________________________________

_________________________________________________________________

 

  1.  These customers purchase about P _________________ worth of our type of products/services every ____________ (day/week/month).
  2. The main reason customers will purchase these products/services from our company is:

______________________________________________________________

______________________________________________________________

______________________________________________________________

  1. The names of our primary customers are:

______________________________________________________________

______________________________________________________________

______________________________________________________________

 

COMPETITION

  1.  Our competitors are as follows:
    1. _________________________________________
    2. _________________________________________
    3. _________________________________________
    4. _________________________________________
    5. _________________________________________
    6. Compared with our competitors, we have a competitive advantage with our products/services in the following aspects for the following reasons:
    7. Price
    8. Quality
    9. Service/convenience
    10. Location
    11. Reputation
    12. Methods of selling
    13. Hours/method of operation
    14. Others

 

PRICING

The company’s prices are based on the following material costs, overheads and intended profits:

____________________________________________________________________

____________________________________________________________________

____________________________________________________________________

____________________________________________________________________

____________________________________________________________________

 

MARKETING/OPERATING METHODS

_______________________________________________________

_______________________________________________________

_______________________________________________________

_______________________________________________________

_______________________________________________________

 

KEY PERSONNEL AND RESPONSIBILITIES

Name of person:                ___________________________________

Position:                                ___________________________________

Responsibilities:________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Name of person:                ___________________________________

Position:                                ___________________________________

Responsibilities:________________________________________________________________________________________________________________________________________________________________________________________________________________________________

 

Name of person:                ___________________________________

Position:                                ___________________________________

Responsibilities:________________________________________________________________________________________________________________________________________________________________________________________________________________________________

 

SALES FORECAST

Based on our market research, we can project sales as follows:

 

– to be continued –
Photo: “Business Plan Template – Product Box Shot” by i a walsh, c/o Flickr. Some Rights Reserved