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    3 From-Opportunity-To-The-Business-Plan

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    Jc Coronacion
    1) A business plan is a written document prepared by an entrepreneur that describes all relevant internal and external elements involved in starting a new venture. 2) The business plan is important for employees, investors, bankers, venture capitalists, suppliers, customers, advisors, and consultants as it helps determine a venture's viability and provides guidance to obtain financing. 3) When presenting a business plan, the entrepreneur should focus on why the opportunity is good, provide an overview of the marketing program and sales/profit results. thorough market and operations research is needed to develop a successful plan.

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    3 From-Opportunity-To-The-Business-Plan

    Uploaded by

    Jc Coronacion
    129 views14 pages
    1) A business plan is a written document prepared by an entrepreneur that describes all relevant internal and external elements involved in starting a new venture. 2) The business plan is important for employees, investors, bankers, venture capitalists, suppliers, customers, advisors, and consultants as it helps determine a venture's viability and provides guidance to obtain financing. 3) When presenting a business plan, the entrepreneur should focus on why the opportunity is good, provide an overview of the marketing program and sales/profit results. thorough market and operations research is needed to develop a successful plan.

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    3 From-opportunity-to-the-business-plan

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    1) A business plan is a written document prepared by an entrepreneur that describes all relevant internal and external elements involved in starting a new venture. 2) The business plan is important for employees, investors, bankers, venture capitalists, suppliers, customers, advisors, and consultants as it helps determine a venture's viability and provides guidance to obtain financing. 3) When presenting a business plan, the entrepreneur should focus on why the opportunity is good, provide an overview of the marketing program and sales/profit results. thorough market and operations research is needed to develop a successful plan.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    129 views14 pages

    3 From-Opportunity-To-The-Business-Plan

    Uploaded by

    Jc Coronacion
    1) A business plan is a written document prepared by an entrepreneur that describes all relevant internal and external elements involved in starting a new venture. 2) The business plan is important for employees, investors, bankers, venture capitalists, suppliers, customers, advisors, and consultants as it helps determine a venture's viability and provides guidance to obtain financing. 3) When presenting a business plan, the entrepreneur should focus on why the opportunity is good, provide an overview of the marketing program and sales/profit results. thorough market and operations research is needed to develop a successful plan.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 14

    FROM

    OPPORTUNITY
    TO THE
    BUSINESS PLAN
    PLANNING AS PART OF
    THE BUSINESS
    Planning process that never ends for a
    business. ItOPERATION
    is extremely important in the
    early stages of new venture when the
    entrepreneur will need to prepare a
    preliminary business plan will become
    finalized as the entrepreneur has a better
    sense of the market, the product or services
    to be marketed, the management team, and
    the financial needs of the venture.
    WHAT IS THE BUSINESS
    PLAN?
    Business Plan is a written document
    prepared by the entrepreneur that
    describes all the relevant and internal
    elements involved in starting a new
    venture
    INTEGRATION OF
    FUNCTIONAL PLAN
     Marketing
     Finance
     Manufacturing
     Human resources
    WHO SHOULD WRITE
    THE PLAN?
    The business plan should be
    prepared by the entrepreneur;
    however, he or she may concerned with
    many other sources in its preparation.
    Lawyers, accountants, marketing
    consultant and engineers are useful in
    the preparation of the plan.
    SCOPE AND VALUE OF THE
    BUSINESS PLAN-
    WHO READS THE PLAN?
    The business plan may be read
    employees, investors, bankers, venture
    capitalists, suppliers, customers,
    advisors, and consultants.
    The business plan is important to
    these people because:

    • It helps determine the viability of the


    venture in a designated market
    • It provides guidance to the
    entrepreneur in organizing his or her
    planning activities
    • It serves as an important tool in
    helping to obtain financing
    PRESENTING THE PLAN
    Each selected entrepreneur is asked
    to present the highlights of his or her
    business plan in a defined time frame.
    The entrepreneur will focus on why is
    good opportunity, providing an
    overview of the marketing program
    (how the opportunity will convert to
    reality) and the results of this effort
    (sales and profit).
    INFORMATION NEEDS
    The entrepreneur should do a quick
    feasibility study of the business
    concept to see whether there are any
    possible barriers to success.
    MARKET INFORMATION
    To ascertain the size of the market, it
    is first necessary for the entrepreneur
    to define the market.
    For example, is the product most
    likely to be purchased by men or
    women? People of high income or low
    income? Rural or urban dwellers? High
    educated or less educated people?
    OPERATIONS INFORMATION
    NEEDS
    The entrepreneur may need
    information on the following:

    • Location
    • Manufacturing operations
    • Raw materials
    • Equipment
    • Overhead
    WRITING A BUSINESS PLAN
    The business plan could take
    hundreds of hours to prepare,
    depending on the experiences and
    knowledge of the entrepreneur as well
    as the purpose it is intended to serve.
    PREPARED BY:

    MANILYN E. FAJARDO

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