Business Plans

In order to be successful at starting up and running a business, you need to have a clear understanding of your business - both strengths and weaknesses. You also need to have a clear mission and goals as well as measureable objectives. Acquiring this understanding calls for developing and documenting a business plan. And to do this, you need to collect information about the business environment, your products and the marketplace you are targeting.

In today's economic environment, the survival and prosperity of your business venture hinges on your familiarity with the impact of technology on your marketplace and a thorough knowledge of your competition. Your success depends on your ability to identify those niches where you can be successful and the resources that you need.

You can find a recommended business plan outline here. The most important element is actually one of the last and should be performed immediately - the financial analysis. This will tell you whether your business idea is financially viable and whether it will be profitable in a suitable timeframe. You also need to understand how much startup capital (money) you'll need to get the business up and to keep it running until such time as you think it will become profitable.

 

One-Time Start-Up Costs

1.   Legal Fees   $
2.   Licenses and Permits   $
3.   Prepaid Rent   $
4.   Deposits (Public Utilities, etc.)   $
5.   Remodeling Work   $
6.   Furniture and Fixtures   $
7.   Letterhead, Cards, Logo, Brochures   $
8.   Advertising (Signage, Grand Opening, etc.)   $
9.   Computers, Web Site, Software   $
10.   Insurance   $
11.   Accounting Fees   $
12.   Management Consultants   $
13.   Cash   $
14.   Other   $

__________

Startup Subtotal

$

Monthly Expenses

 

15.   Salary - owner (amount you need to live)   $
16.   Other salaries and wages   $
17.   Lease   $
18.   Utilities   $
19.   Telephone   $
20.   Advertising   $
21.

Marketing

$
22.

Entertainment and Travel

$
23.

Insurance

$
24.

Taxes, including Social Security

$
25.

Internet and Web Site Hosting

$
26.

Repairs and Maintenance

$
27.

Legal and other professional fees

$
28.

Miscellaneous

$

__________

Subtotal

$

Calculate total start-up funds

29.

Estimated # of months to become profitable

  

Monthly expense total for those months

$

Your one time start-up expense

$

__________

Total start-up costs

$

Business Plans Videos

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BUSINESS PLANS
by rss@youtube.com (Cooka12345)
11 Oct 2008 at 9:07am

YA

Author: Cooka12345
Keywords: Business
Added: October 11, 2008



E CITY Alumnus sells Hispanic Food
by rss@youtube.com (ECITYCleveland)
10 Oct 2008 at 11:56am

E CITY Alumus featured on WKYC for her hispanic food business she created through the E CITY class.

Author: ECITYCleveland
Keywords: Business plans business education entrepreneurship
Added: October 10, 2008



Best Home Based Opportunity: Unique Form Of Proof
by rss@youtube.com (endlesscashflowing)
9 Oct 2008 at 9:53am

http://endlesscashflowing.com 647-830-7330 goodyboyce@gmail.com Homebusiness homebusiness.com home business. ... free internet business opportunity | home based business for women | work at home jobs | internet home based business ... www.homebusiness.com/ - 25k - Cached - Similar pages - Note this 2. Home Business - Home Based Business - Work From Home - MLM - Work ... - 3 visits - Jul 15 Our magazine offers home business information on work from home and work at home as well as articles on topics ranging from telecommuting and home office ... www.homebusinessmag.com/ - 32k - Cached - Similar pages - Note this 3. Work from Home - Home Business - Work at Home Jobs - Home Based ... Whether you're thinking about starting a home based business or want to find work at home jobs so you can work from home, this site has what you need to be ... homebusiness.about.com/ - 33k - Cached - Similar pages - Note this 4. Home Based Business, At Home Business Opportunities - Entrepreneur.com Home Based Business, At Home Business Opportunities - Entrepreneur.com Opportunities and advice. www.entrepreneur.com/homebasedbiz/ - 50k - Cached - Similar pages - Note this 5. Home Based Business Opportunity Best online home based business opportunity listings. Free home business ideas. Everything you need for success in your home based business. www.bestrealincome.com/ - 20k - Cached - Similar pages - Note this 6. Home Business: Start Your Home-Based Business & Work from Home ... Information, tips and articles on how to start a home business and small business. Business ideas, business plans, marketing tips, e-commerce guides, ... www.powerhomebiz.com/ - 39k - Cached - Similar pages - Note this 7. Home Based Business | Home Business Life Changing Home Based Business. Replace your income within 3 months. Earn over $200000 in your first year. Full training and support. teamnolimits.net/ - 25k - Cached - Similar pages - Note this 8. Home Business Provides home business services, ranging from joint marketing to a consultant who will diagnose flaws in a marketing plan and explain how to correct them. www.usahomebusiness.com/ - 10k - Cached - Similar pages - Note this 9. Home Business Research Home Business Research offers current home business information, guides, opportunities, tools, research, current work at home trends and resources for start ... www.homebusinessresearch.com/ - 50k - Cached - Similar pages - Note this 10. Home Based Working Moms. Work At Home, Home Business Central Work at home, home business ideas, opportunities, networking, support. The most complete work at home site. Featured on CBS News, Business Week. www.hbwm.com/ - 77k - Cached - Similar pages - Note this Searches related to: home businessstarting a home businesshome business reviewshome business for momschristian home business home business taxesdata entry home businesshome business partiesultimate wealth package

Author: endlesscashflowing
Keywords: work from home business opportunities based make money cash online fast
Added: October 9, 2008



beat the crunch
by rss@youtube.com (trepaff1)
8 Oct 2008 at 12:59pm

See the top three home business plans and beat the credit crunch. claim your FREE MONEY MAKING WEB SITE.

Author: trepaff1
Keywords: credit crunch free league. millionaires money site web Business Computer Science Economics
Added: October 8, 2008



Top three home business plans
by rss@youtube.com (trepaff1)
8 Oct 2008 at 12:43pm

If you want to earn money from home check out the top three home business plans and claim your FREE MONEY MAKING WEB SITE.

Author: trepaff1
Keywords: business home league millionaire money site web
Added: October 8, 2008



Scottdale Overlay Businesses
by rss@youtube.com (hugh009)
8 Oct 2008 at 10:24am

Three prominent business people discuss how the Scottdale Overlay document negatively effects their business plans for the future.

Author: hugh009
Keywords: scottdaleoverlay dekalbcounty georgia KathyGannon
Added: October 8, 2008



Enterprize 2009 Business Plan Competition
by rss@youtube.com (JinnErik)
7 Oct 2008 at 10:13am

Visual description of the Enterprize Business Plan Competition Dates to remember: -Business Plan Summaries Due: Nov 16 -Business Plans Due: Nov 28 -Conference happens Feb 6-8!

Author: JinnErik
Keywords: Canada Enterprize Entrepreneurship Leaders Sauder Student UBC University Vancouver
Added: October 7, 2008



business plans of rajat.....
by rss@youtube.com (rajeevakarv)
6 Oct 2008 at 9:47am

hey see the intelligent plans of rajat...this is jst an example...

Author: rajeevakarv
Keywords: rajat....
Added: October 6, 2008



Enhance your marketing productivity with a business coach
by rss@youtube.com (onlineadvertising1)
5 Oct 2008 at 8:50am

http://www.LIFECOACHBUSINESS.INFO How to write business plans, marketing plans with the assistance from a business coach

Author: onlineadvertising1
Keywords: productivity systems improving small business marketing strategies information technology
Added: October 5, 2008



YouTube vs. BlogTv - EP7
by rss@youtube.com (whatasite)
4 Oct 2008 at 5:22am

Many people say that YouTube is missing something, something that BlogTv.com has... Well these people are right! BlogTv.com provides a live broadcast environment where YouTube.com provides a pre-recorded environment. The cool thing about BlogTv.com is that you can have your own virtual tv station pretty cool stuff. Plus it pushes your video into your YouTube Account so that is pretty cool too! All the best, Kevin Brake eLearningShow.com YouTube Channel: http://www.youtube.com/businessplans

Author: whatasite
Keywords: youtube blogtv
Added: October 4, 2008



Experience success with advertising business internet marketing
by rss@youtube.com (onlineadvertising1)
2 Oct 2008 at 9:01pm

http://www.LIFECOACHBUSINESS.INFO How to write business plans, marketing plans with the assistance from a business coach

Author: onlineadvertising1
Keywords: your overall productivity marketing for small business improve increased
Added: October 2, 2008



How to address productivity issues
by rss@youtube.com (onlineadvertising1)
29 Sep 2008 at 8:46am

http://www.LIFECOACHBUSINESS.INFO How to write business plans, marketing plans with the assistance from a business coach

Author: onlineadvertising1
Keywords: productivity issues improvement small business marketing organization
Added: September 29, 2008



3 Tips you must Know!
by rss@youtube.com (becomeabetternetwork)
29 Sep 2008 at 4:22am

http://www.YourMLMDoctor.com Marketing plan - Wikipedia, the free encyclopedia 2.1 Detailed plans and programmes. 3 Content of the marketing plan ... a measurable marketing objective might be `to enter the market with product Y ... Marketing - Marketing Strategy - Marketing Plan - Marketing Careers and ... Articles and links for marketing strategy, plans, careers, and jobs. ... Marketing vs. Advertising. Market Research marketing.about.com - Cached Sample Marketing Plans and Marketing Plan Templates - Bplans.com Sample Business Plans and Business Plan Examples - Bplans.com ... Southeast Health Plans. High Tech Consulting Marketing Plan. Acme Consulting ... www.bplans.com/sp/marketingplans.cfm - Cached Sample Marketing Plan | MoreBusiness.com business plans. business proposals. templates. tools. Sample Marketing Plan. 1.0 Executive Summary ... market segments is not necessary for our marketing ... Create a Marketing Plan | Microsoft Small Business Articles 5 easy steps to create a marketing plan By Joanna L. Krotz. Put yourself in the shoes of your customers. Marketing Plan for Consultants, Coaches, Professionals - Marketing Plans Specialists in marketing for services businesses. We help you attract new clients using the 6Ps of service business marketing. Marketing Plan Templates and Free Sample Marketing Plans Mplans.com Sample marketing plans for 70+ business types, including ... Market Research and Analysis. All Articles. Marketing Tools. Calculators. Marketing Software ... www.mplans.com/sample_marketing_plans - Cached Business Plan Software & Guide: Profiles of Target Markets ... Plan Write Market Planner is very suitable for developing a detailed marketing ... For Marketing & Sa

Author: becomeabetternetwork
Keywords: marketing advice small business home
Added: September 29, 2008



Marketing For Small Business
by rss@youtube.com (onlineadvertising1)
28 Sep 2008 at 8:48am

http://www.LIFECOACHBUSINESS.INFO How to write business plans, marketing plans with the assistance from a business coach

Author: onlineadvertising1
Keywords: marketing for small business home opportunity internet niche strategies strategy to
Added: September 28, 2008



Free Online Training - EP6
by rss@youtube.com (whatasite)
27 Sep 2008 at 2:54pm

Top Websites Wiziq.com -- EP6 Get free education! That is right, real instructors providing synchronous real-time training. Talk to the instructors and select free courses such as English as a second language and more! Some similar applications are: 1. http://coggno.com 2. http://ubuntu.com All the best, Kevin Brake eLearningShow.com YouTube Channel: http://www.youtube.com/businessplans

Author: whatasite
Keywords: top websites
Added: September 27, 2008


Business Plans Books

The Total Money Makeover: A Proven Plan for Financial Fitness
by Dave Ramsey
Amazon Price: $16.49
Customer Review: A proven plan for financial fitness.
Dave Ramsey
Thomas Nelson, 2008
ISBN: 0785289089
Reviewed by Debra Gaynor for ReviewYourBook.com, 10/08
5 stars
Dave Ramsey is the king of financial fitness. In The Total Money Makeover, he focuses on debt. He repeatedly stresses that debt stinks. He encourages readers to cut up their credit cards and stop borrowing.
My husband and I have ascribed to the Dave Ramsey way of managing money for years. It is all common sense. Too bad the government has not read his books. Perhaps we should send each Representative and Senator a copy of this book.
Ramsey has a bold, to-the-point style; he tells it like it is. Ramsey's Christian faith shines through in his message. He purports a seven-step program for debt relief and shares his own experiences in hope of helping someone else.



Stop the 401(k) Rip-off!: Eliminate Costly Hidden Fees to Improve Your Life
by David B. Loeper
Amazon Price: $10.85
Customer Review: Crazyman's Economics

In researching "Crazyman's Economics", I discovered the "dirty secret" of Wall Street that they rely on the fees and hidden costs as Loeper so thoroughly describes in "Stop the 401(k) Rip-off!." To Wall Street's brokerage houses, it doesn't matter if your 401(k) makes money or loses money, the fact is that as long as you have your money circulating, Wall St. makes money.

Loeper is correct that you need to take a greater look at your 401(k). Where I disagree with his book is that no matter how much you work to take the fees out, the problem is that the entire system is a giant con game. I would recommend that people take money out of their 401(k) and then they won't have to worry about hidden fees.

But Loeper's book is necessary reading to get a discussion started in this country about the role of Wall Street and the need for accountability for those who hold trillions of dollars of our money.

The Unofficial Guide Walt Disney World 2009 (Unofficial Guides)
by Bob Sehlinger, Len Testa
Amazon Price: $13.59
Customer Review: Great book, and web site that comes with book purchase is great too. Helps plan out a great trip to disney

Leading Change
by John P. Kotter
Amazon Price: $17.79
Customer Review: This book is what I needed and I enjoy the book. I received fast service.

Your Complete Retirement Planning Road Map: A Comprehensive Action Plan for S...
by Ed Slott
Amazon Price: $10.85
Customer Review: This is great book for the financial aspects of retirement. But, if you'd like a book that contains not only information about money but all the other areas of retirement - relocation, working, travel, volunteering, psychological aspects, etc., get a copy of The New Retirement: Revised and Updated: The Ultimate Guide to the Rest of Your Life

I received The New Retirement as a birthday gift, and it has everything in it about retirement.

The Retirement Savings Time Bomb . . . and How to Defuse It: A Five-Step Acti...
by Ed Slott
Amazon Price: $10.88
Customer Review: Technical book about 401(k) and IRA retirement plans. It requires some background to understand many of the concepts, but the author tries to make the concepts as understandable to as many people as possible. Useful for people who are of advanced age and required to make decisions about retirement options.

Planet Google: One Company's Audacious Plan To Organize Everything We Know
by Randall Stross
Amazon Price: $17.16
Customer Review: Early in "Planet Google" Stross points out that Google's income reached $4.2 billion in 2997 - 99% from the simple text ads that accompany its search returns. Readers also learn that 68% of Internet searches use Google. Thus, one suspects that at least some of Google's current new activities (eg. creating a digital library of all books, providing video search capability, server-supplied software and central data storage, translating between languages, voice-to-text capability) are a dangerous distraction from Google's main business (especially creating a digital library of all books - strongly fought by publishers and still lacking an income-generating plan, as well as the book.

Stross also is oblivious to the fact that eventually other Internet-search engines will catch up with Google, its search services will become a much-cheaper commodity, and the company's ability to reward and retain staff will precipitously decline. (It's called "product-life cycle," taught in every business school, and there are no long-term antidotes.) Further, Stross woefully short-circuits a key current and future problem - Google's data-center energy costs - undoubtedly because Google doesn't want to discuss it. Finally, Google's page ranking and Web-searching algorithms do not receive enough attention, while "open" vs. "closed" source coding receives entirely too much.

Nonetheless, "Google Earth" is mostly interesting reading. Google's power derives from the accidental discovery, two years after its founding, that plain text ads on its search pages produce enormous profits. Another key innovation was its requiring that ads be directly relevant to the search and ranking them according to projected income to Google (bid/click X probability of being clicked).

Google's search engine did not start out perfect - 1998 queries sometimes took ten seconds. In 1999 the search engine reviewed only 60 million sites, but the company then aggressively set a goal for 1 billion - at the time, AltaVista, its largest competitor, indexed only 150 million. (Google indexed 8 billion Web pages by 2004, the last year it made data available.) Another important Google advantage was gained by choosing to use low-cost standard PCs as servers, vs. competitors' choosing more expensive, specialized machines. Still another important decision was to avoid human involvement in the search output, contrary to Yahoo, which of course eventually found this approach...

What Color Is Your Parachute? for Retirement: Planning Now for the Life You W...
by Richard Nelson Bolles, John E. Nelson
Amazon Price: $11.53
Customer Review: Thus book us a timely addition to my library since I just retired last week. Good practical suggestions, very readable and easy to understand. It fully met my exoectations, offering the same quality I found in the origional "Parachute" book.

The Smartest 401k Book You'll Ever Read: Maximize Your Retirement Savings...t...
by Daniel R. Solin
Amazon Price: $13.57
Customer Review: Very helpful. Concrete information, easy to understand. I've recommended it to several friends. Good info for teachers w/403b accounts.

The New Leaders 100-Day Action Plan: How to Take Charge, Build Your Team, and...
by George B. Bradt, Jayme Check, Jorge Pedraza
Amazon Price: $17.13
Customer Review: The book had some common themes and good ideas. I did use some of the concepts and they have helped me get off to a good start in my first CFO role.

Business Plans Related News Entries

G.M. and Chrysler Explore Merger
by By BILL VLASIC and ANDREW ROSS SORKIN
General Motors is in preliminary talks about a possible merger with Chrysler, which could remake the auto industry.



Rich Nations Pushing for Joint Financial Rescue
by By MARK LANDLER
The United States and six other nations agreed to a plan to rescue the financial industry, but fell short of offering concrete steps to backstop bank lending.



Bush Vows to Resolve Crisis
by By MARK LANDLER
The president said that industrial leaders gathered in Washington would do everything necessary to address the financial crisis.



White House Memo: In Final Months in Office, Bush Is Burdened but Still Confi...
by By SHERYL GAY STOLBERG
Just as President Bush is convinced he did the right thing in Iraq, he is convinced he is doing the right thing on the economy.



Whiplash Ends a Roller Coaster Week
by By VIKAS BAJAJ
For three straight days, the stock market collapsed in the last hour of trading. On Friday, it merely swooned.



Economic Uncertainty Spreads
by By KEITH BRADSHER and CARTER DOUGHERTY
Around the world, fears of recession have fed a stock market panic, as worries about toxic assets spread from the financial sector to the credit markets and now to the broader economy.



As Stock Falls, Morgan Looks to Japanese Bank
by By LOUISE STORY
Morgan Stanley was racing to secure its financial lifeline from a big Japanese bank as confidence in the embattled Wall Street bank continued to erode.



A Bit of ?I Told You So? Outside World Bank Talks
by By HELENE COOPER and CHARLIE SAVAGE
Protesters gathered to express their sadness ? and in some cases, glee ? over the global economic catastrophe that some said had proved them right.



Your Money: One Thing You Can Control: Your Credit Score
by By RON LIEBER
Tips for improving your credit standing since your credit score is something that you have a fair bit of control over.



Insurance on Lehman Debt Is the Industry?s Next Test
by By MARY WILLIAMS WALSH
Sellers of insurance on bonds issued by Lehman Brothers are now likely to face demands that they pay out more than 91 cents on the dollar to buyers of those insurance contracts.



Business Plans Related Blog Entries

Comment on Do entrepreneurs still need to write business plans? by ...
by emo hair
good read, so whats venture funding?

Business Plans Kit For Dummies
by unknown
With checklists, forms, and unbeatable resources to help you succeed The painless way to create a winning business plan! If you're an entrepreneur with big ideas but no plan, this friendly guide is for you. Updated and revised to better ...

How to Write A .com Business Plan: The Internet Entrepreneur's ...
by unknown
What you need is a business plan--your path to success, the best way to win investment dollars from venture capitalists or from individual investors. This guide tells you how to do just that, detailing not just the steps but offering ...

Updating the Classic Business Plan
by Sean Silverthorne
What makes a great business plan? Powerful PowerPoints? Pivoting Spreadsheets? According to Harvard Business School professor William Sahlman, who wrote a classic work on business plans, it all comes down to one thing: People. ...

Events
by Admin
14:15 - 14:45 Why business plans are more revelant than ever before. The importance of having an accurate business plan; Identifying what content is essential for your plan; Killer tips for a winning business plan; What the banks are ...

MVNO Business Plan with Financial Modeling Spreadsheet
by Bharat Book
Written by Thomas Aabo, Virtual Network Operator Specialist, "Prepaid MVNO Business Plan" is a complete business plan based on the launch of an illustrative Mobile Virtual Network Operator (MVNO) known as Vibe. The plan covers all ...

Candidates Present 401(k) and Small-Business Plans - New York Times
by Mr Yonatan
Candidates Present 401(k) and Small-Business Plans New York Times, United States - 4 hours ago Campaigning in Ohio, Senator Barack Obama also put forth a proposal to deal with the economic crisis, urging a rescue plan in which the Small ...

Why our business will survive and thrive better in this environment
by Sekar Vembu
As a business, what did we do right during those times of euphoria? We just followed our instinct and decided not to participate. That is when startups and VCs were talking about raising money with a fictitious 5-year business plans ...

Lipton Tea Business Plan Competition
by admin
Unilever has launched the Lipton Business Plan competition across several universities. They gave a presentation at the IBA City Campus Auditorium in the month of September the details of which are covered in the following sections. ...

Candidates Present 401(k) and Small-Business Plans
by unknown
Senator John McCain proposed a temporary reprieve from a rule forcing investors to withdraw from their 401(k)'s and IRA's after age 70.

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