Thursday, May 14, 2020

Essay on Sample Business Plan - 4331 Words

XYZ COMPANY LIMITED BUSINESS PLAN Strictly Private Confidential XYZ Company Limited The Old Manor House Somewhere Down South Avalon AV1 234B Tel: 01234 567 890 Fax: 01234 567 891 E-mail: xyz@xyzcoltd.com Executive Summary The executive summary is the most important part of the business plan. Many people will only read this. The summary in itself will not secure an investor, however, it can loose them. Quality - the quality of the summary must therefore be outstanding and you should pay particular attention to it. Obtain critical feedback from others on your drafts. Stand-alone - it is also used as a stand-alone document when introducing the project to others so it must be able to capture interest and†¦show more content†¦The figures stated are purely illustrative and do not constitute a forecast. Before investing in a project readers are strongly advised to verify all material facts and information for themselves and seek advice from a person authorized under the Financial Services Act. Introduction to the Business and its Management Introduce the business and what it does / will do. Describe concisely how the project came about and progressed to the present situation. Explain who is involved, what are there positions, what relevant experience and qualifications do they have. Include a one-paragraph biography on each (full CV in the Appendix). State what stage the business is at now. Highlight briefly the most salient features of the companys products and services Ââ€" their competitive advantage. Explain any evidence of success you may have Ââ€" from customer orders, market testing, working prototypes, expressions of interest, industry recognition, etc. Outline any other factors that have increased the likelihood of success. Do you have any Non-Executive Directors or Mentors who add value to the Board, and will give potential investors more confidence through their expertise, be they sector experts or generally experienced business people? List them with a brief biography highlighting achievements and relevant experience. Outline any skill gaps you still need to fill, and how you intend to do so. If you do notShow MoreRelatedA Sample Business Plan2651 Words   |  11 PagesA SAMPLE BUSINESS PLAN Your Business, Inc. A well-written business plan is a crucial ingredient in preparing for business success. Without a sound business plan, a firm merely drifts along without any real direction. Yet, entrepreneurs, who tend to be people of action, too often jump right into a business venture without taking time to prepare a written plan outlining the essence of the business. 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