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- https://biz.libretexts.org/Bookshelves/Business/Entrepreneurship/Book%3A_Business_Plan_Development_Guide_(Swanson)/zz%3A_New_Page/04%3A_1%3A_Appendix_C_-_Business_Plan_Excel_TemplateClick the following link to access the Business Plan Excel Template. If it doesn’t open, please try another browser. Business Plan Excel Template
- https://biz.libretexts.org/Bookshelves/Business/Entrepreneurship/Book%3A_Business_Plan_Development_Guide_(Swanson)/00%3A_Front_Matter/CopyrightBusiness Plan Development Guide by Lee A. Swanson is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License, except where otherwise noted. CC BY-SA Lee A. Swanson
- https://biz.libretexts.org/Bookshelves/Business/Entrepreneurship/Book%3A_Business_Plan_Development_Guide_(Swanson)/01%3A_Chapters/1.01%3A_Chapter_1__Developing_a_Business_PlanThis chapter describes the purposes, principles, and the general concepts and tools for business planning, and the process for developing a business plan. First, business plans must be written to meet...This chapter describes the purposes, principles, and the general concepts and tools for business planning, and the process for developing a business plan. First, business plans must be written to meet the expectations of targeted readers in terms of what they need to know to support the proposed business.
- https://biz.libretexts.org/Bookshelves/Business/Entrepreneurship/Book%3A_Business_Plan_Development_Guide_(Swanson)/01%3A_Chapters/1.05%3A_Chapter_5__Making_the_Business_Plan_RealisticFinally, you will need to rewrite parts of your operations, human resources, and marketing plans—and possibly the written introduction to your financial plan—to reflect all of the changes you made and...Finally, you will need to rewrite parts of your operations, human resources, and marketing plans—and possibly the written introduction to your financial plan—to reflect all of the changes you made and to ensure that the written part of your business plan tells exactly the same story as does the financial part.
- https://biz.libretexts.org/Bookshelves/Business/Entrepreneurship/Book%3A_Business_Plan_Development_Guide_(Swanson)/zz%3A_New_Page/02%3A_1%3A_Appendix_A_%E2%80%93_Business_Plan_Development_Checklist_and_Project_PlannerDecide whether you need to make adjustments to your goals, strategies, and plans in your business plan to reduce your vulnerability to changes to the critical success factors, or whether you can inste...Decide whether you need to make adjustments to your goals, strategies, and plans in your business plan to reduce your vulnerability to changes to the critical success factors, or whether you can instead adjust your goals, strategies, and plans to prepare for any changes that might occur to the critical success factors For example, you might decide to change the pricing, distribution, and promotions strategies in your business plan so that you would still break even if your sales levels were 8% …
- https://biz.libretexts.org/Bookshelves/Business/Entrepreneurship/Book%3A_Business_Plan_Development_Guide_(Swanson)/01%3A_Chapters/1.08%3A_Chapter_8_-_The_Business_Plan_PitchThe goal of a pitch is not to fully describe a business idea, but to be able to convince a potential investor in five minutes or less that they should meet with the entrepreneur further to learn more ...The goal of a pitch is not to fully describe a business idea, but to be able to convince a potential investor in five minutes or less that they should meet with the entrepreneur further to learn more about the idea because they might want to invest in it.
- https://biz.libretexts.org/Bookshelves/Business/Entrepreneurship/Book%3A_Business_Plan_Development_Guide_(Swanson)/zz%3A_New_Page/03%3A_1%3A_Appendix_B_-_Business_Plan_TemplateClick the following link to access the Business Plan Template. If it doesn’t open, please try another browser. Business Plan Template
- https://biz.libretexts.org/Bookshelves/Business/Entrepreneurship/Book%3A_Business_Plan_Development_Guide_(Swanson)/01%3A_Chapters/1.06%3A_Chapter_6__Making_the_Plan_Appeal_to_Stakeholders_and_Desirable_to_the_EntrepreneurFactoring (possibly) When a business sells its accounts receivable (its invoices) to a third party (called a factor) at a discount in exchange for immediate money Differs from bank loan in three ways:...Factoring (possibly) When a business sells its accounts receivable (its invoices) to a third party (called a factor) at a discount in exchange for immediate money Differs from bank loan in three ways: The factor is interested in the value of the receivables; a bank is interested in the firm’s credit worthiness Factoring is not a loan: it is the purchase of a financial asset (the receivables) A bank loan involves two parties (lender and borrower); factoring involves three (the business, the fact…
- https://biz.libretexts.org/Bookshelves/Business/Entrepreneurship/Book%3A_Business_Plan_Development_Guide_(Swanson)/01%3A_Chapters/1.04%3A_Chapter_4__Initial_Business_Plan_DraftUsually includes an analysis of how the current and expected trends in the political, economic, social, technological, environmental, and legal (PESTEL) factors will impact the development of this bus...Usually includes an analysis of how the current and expected trends in the political, economic, social, technological, environmental, and legal (PESTEL) factors will impact the development of this business However, consider whether this is the right place for this analysis: it may be better positioned, for example, in the Financial Plan section to provide context to the analysis of the critical success factors, or in the Marketing Plan to help the reader understand the basis for the sales proje…
- https://biz.libretexts.org/Bookshelves/Business/Entrepreneurship/Book%3A_Business_Plan_Development_Guide_(Swanson)/00%3A_Front_Matter/04%3A_AcknowledgementsI am thankful for the feedback provided by my MBA and undergraduate students as they used previous versions of this book. Its current form reflects their suggestions and advice. Thanks also to Grant W...I am thankful for the feedback provided by my MBA and undergraduate students as they used previous versions of this book. Its current form reflects their suggestions and advice. Thanks also to Grant Wilson for his help in converting this book from its print form into this open access format.
- https://biz.libretexts.org/Bookshelves/Business/Entrepreneurship/Book%3A_Business_Plan_Development_Guide_(Swanson)/01%3A_Chapters/1.02%3A_Chapter_2__Essential_Initial_ResearchPrior to a new business start-up, the customers that the new business wishes to attract either already purchase the product or service from a competitor to the new business—or do not yet purchase the ...Prior to a new business start-up, the customers that the new business wishes to attract either already purchase the product or service from a competitor to the new business—or do not yet purchase the product or service at all.
