Business
Why is it a business plan important for banks?
Banks use it to value the risk and profitability the business might have.
Business plan objectives
to define business opportunity
to allow a market study for the product positioning
to determine the business viability
Why a personnel organigram?
The installations
Machinery, instrumentation, supplies and adequate equipment
Structure of the organization
Human and financial capital Description of the activities to develop of each pa
rticipant
Establishment of policies within the organization
Why are the enterprising characteristics included in the business plan?
For investors to consider the entrepreur abilities.
how to define a product?
Clearly define the strategy to use.
Describe the attributes that will make up the product or service.
Establish the price of said product or service.
Define and determine the corporate image and distribution channels to be used
3 sections of entrepreneur characteristics
Search for achievement or success
Time projection (planning)
Personal power
why is a business plan important for an entrepreneur?
to value the risks and the business may face so you work on them for success
Purpose of team description
Common vision
Complementary capabilities
Proper size (at least 3, but not more than 6)
Past Business Successes
Power features
selfconfidence
create support networks
A business plan contains 3 parts
project identifaction
business opportunity description
business analysis
What is to analyze the market?
The market segments in which it participates
Identify the target market
Your expected competitiveness of the organization
Define the size of the market
Search for achievement or success
fulfill commitments
persistence
take calculate risks
take advantage of opportunities
self-demand
3 characteristics a business plan must have
understandable
brief
concise
Purpose of a financial plan
To know income statement, cash flow and balance.
Identification of income and costs.
Estimate from 3 to 5 years, at least one year after the break-even point.
Time projection (planning)
set goals an objectives
search information
plan systematically