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Types of Business Plan

Attract an Angel Investor
Attract an Angel Investor

In sum, if you want to get an angel investor to invest in your business, you have to ensure that your business is investor-ready. If you haven’t already done so, preparing a solid business plan, restructuring your business as necessary and completing your management team are the best ways to start preparing to attract an angel.

Business Description
Business Description

3 [Business Plan] | Write a Business Plan for a Restaurant or Food Business 4 [Business Plan Executive Summary] | Write a Business Plan Executive Summary Writing a cohesive and succinct description of your business for a business plan is a mandatory step in operating a successful venture.

Company Description
Company Description

The company description section of your business plan is typically the second section, coming after the executive summary. The company description outlines vital details about your company, such as where you are located, how large the company is, what you do and what you hope to accomplish.

Consider Factoring
Consider Factoring

Factoring is a transaction in which a business sells its invoices, or receivables, to a third-party financial company known as a “factor.” The factor then collects payment on those invoices from the business’s customers.

Executive Summary
Executive Summary

The Executive Summary is often the make-or-break section of your business plan. A great business solves customer problems; if your Summary cannot clearly describe, in one or two pages, how your business will solve a particular problem and make a profit, then it's very possible the opportunity does not exist--or your plan to take advantage of a genuine opportunity is not well developed.

source: inc.com
image: sawyoo.com
Feasibility Business Plans
Feasibility Business Plans

A feasibility study, or business opportunity analysis, is a planning tool similar to a business plan. The feasibility study is done to flesh out the possibilities in an initial business idea. The business plan then fully describes the business and its financial projections.

Financial Plan and Projections:
Financial Plan and Projections:

Let's start by explaining what the financial section of a business plan is not. Realize that the financial section is not the same as accounting. Many people get confused about this because the financial projections that you include--profit and loss, balance sheet, and cash flow--look similar to accounting statements your business generates.

source: inc.com
image: template.net
Financial Projections
Financial Projections

Spreadsheet software is the starting point for all financial projections. Microsoft Excel is the most common, and chances are you already have it on your computer; there are also special software packages you can buy to help with financial projections.

Funding Requirements
Funding Requirements

Funding Requirements (Click to enlarge) This is part of the financial projections and Contents of a Business Plan Guide, a series of posts on what each section of a simple business plan should include.

Get a Bank Loan
Get a Bank Loan

Bank loan applications can be almost as long and complete as a full-fledged business plan. Plans and loan applications aren’t interchangeable, however. A banker may not be interested in your rosy projections of future growth.

Growth Business Plans
Growth Business Plans

The growth strategy section of your business plan is about proving to others that you have a plan for bringing your product to new customers and new markets, and perhaps even introducing new products.

Internal Business Plans
Internal Business Plans

The internal plan is a compilation of lists, bullet points, milestones, metrics, and projections. It has just enough detail to facilitate plan vs. actual review and revision. It doesn't waste a word on descriptions and explanations.

source: quora.com
Market Analysis:
Market Analysis:

A key part of any business plan is the market analysis. This section needs to demonstrate both your expertise in your particular market and the attractiveness of the market from a financial standpoint.

Operations Business Plans
Operations Business Plans

A business plan should include an assessment of your production and operations strategy. Operations have a steep learning curve, but many successful companies, such as Wal-Mart, have grown by leveraging their operational infrastructure.

Organization and Management Team:
Organization and Management Team:

The Organization and Management section of your business plan summarizes the information about your business' organizational structure, participating business members' duties and expertise, as well as their education or qualifications.

Pledge Some of Your Future Earnings
Pledge Some of Your Future Earnings

Read more on using Kickstarter for business. 6. Pledge Some of Your Future Earnings. Young, ambitious and willing to make a bet on your future earnings? Consider how Kjerstin Erickson, Saul Garlick and Jon Gosier are trying to raise money.

source: inc.com
Products and Services
Products and Services

In the Products and Services section of your business plan, you will clearly describe--yep--the products and services your business will provide. Keep in mind that highly detailed or technical descriptions are not necessary and definitely not recommended.

source: inc.com
Sales Strategies
Sales Strategies

One of the most important sections of a business plan is Marketing and Sales Strategies which outlines your plan for reaching and selling to your target market. While you want to have a wonderful product or provide stellar service, it's all for nothing if you don't have customers and clients.

Start-Up Business Plans
Start-Up Business Plans

A business plan is a written description of your business's future, a document that tells what you plan to do and how you plan to do it. If you jot down a paragraph on the back of an envelope describing your business strategy, you've written a plan, or at least the germ of a plan.

Strategic Business Plans
Strategic Business Plans

Business planning is necessary for company growth and success. Business plans provide companies with the tools to track growth, establish a budget and prepare for unforeseen changes in the market place. A strategic plan includes many elements a business can utilize to attract financing and manage ...

Strategy and Implementation:
Strategy and Implementation:

Palms and Bonds business development business plan strategy and implementation summary. Palms and Bonds is a Botswanan company providing high-level expertise in local business development, market identification and development, channel development, distribution strategies, and marketing

source: bplans.com
Tap Into Your 401(k)
Tap Into Your 401(k)

There are a few ways to "tap into" your 401k early without penalty, depending upon what your employer's particular plan allows, as well as your age and current employment status.

Try Crowdfunding
Try Crowdfunding

Crowdfunding is a thrilling prospect. Connecting potential entrepreneurs with millions of micro-investors, the platform has helped fund and launch countless new enterprises, and it’s given a realistic platform for countless bright, young business owners who would otherwise have nowhere to go.

Use a Credit Card
Use a Credit Card

The popularity of credit cards has led to the growth of different credit card processing companies. These companies provide different programs that help in the growth of the merchant’s business. Business owners have started to use merchant accounts because a merchant account facilitates monetary transaction through credit card processing.

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