Business Plan Sports Shop

Executive Summary. The paper must begin with a one-page summary that orients the reader asto the contents as well as to the major sections of the report. The summary, by itself, must provide enough information about the project so that the reader can judge simply by reading this portion if he or she wants to read further.3. Introduction. This first segment should present a brief history of the organization and its local operations. Be brief and succinct, but make sure that the reader can obtain a perspective of the organization.4. Body.Suggested headings for your business plan include the following, whatever you can find:1. FORM OF BUSINESS OWNERSHIP (sole proprietorship, partnership, corporation)2. ORGANIZATIONAL STRUCTURE (ownership and management)3. LICENSES NEEDED – such as contractors license, etc.4. MARKETING PLAN – using the 4 P’s of marketing5. PRODUCT/SERVICE PLAN – What products/services being offered the first year.6. ADVERTISING – What form of advertising will you use the first year?7. OPERATION PLAN – location, will you make or buy your product.8. SWOT ANALYSIS – Determine the strengths, weaknesses, opportunities, and threats that pertain to your business.9. FINANCIAL PLAN – Make an income statement for the first year (please be realistic). Also include how you will acquire funding.5. Conclusion.In conclusion, please explain why or why not you think your business will be a viable business opportunity. What solutions could you recommend? What timelines would you offer the company? Please justify your reasoning.BusinessPlan for an Established Business This business plan consists of a narrative and several Fnancial spreadsheets.The narrative template is the body of the business plan. It contains more than 150 questions divided into several sections. Work through the sections in any order you like, except for the Executive Summary, which should be done last. Skip any questions that do not apply to your business. When you are Fnished writing your Frst draft, you will have a collection of small essayson the various topics of the business plan. Then you will want to edit them into a ±owing narrative.The real value of doing a business plan is not having the Fnished product in hand; rather, the value lies in the process of research and thinking about your business in a systematic way. The act of planning helps you to think things through thoroughly, to study and research when you are not sure of the facts, and to look at your ideas critically. It takes time, but avoids costly, perhaps disastrous, mistakes later.The business plan narrative is a generic model suitable for all types of businesses. However, you should modify it to suit your particular circumstances. Before you begin, review the section titled Refning the Plan, found at the end of the business plan. It suggests emphasizing certain areas, depending upon your type of business (manufacturing, retail, service, etc.). It
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also has tips for Fne-tuning your plan to make an e±ective presentation to investors or bankers. If this is why you are writing your plan, pay particular attention to your writing style. You will be judged by the quality and appearance of your work as well as your ideas.It typically takes several weeks to complete a good plan. Most of that time is spent in research and rethinking your ideas and assumptions. But then, that is the value of the process. So make time to do the job properly. Those who do never regret the e±ort. And Fnally, be sure to keep detailed notes on yoursources of information and on the assumptions underlying your Fnancial data.

Business Plan Sports Shop

Executive Summary. The paper must begin with a one-page summary that orients the reader asto the contents as well as to the major sections of the report. The summary, by itself, must provide enough information about the project so that the reader can judge simply by reading this portion if he or she wants to read further.3. Introduction. This first segment should present a brief history of the organization and its local operations. Be brief and succinct, but make sure that the reader can obtain a perspective of the organization.4. Body.Suggested headings for your business plan include the following, whatever you can find:1. FORM OF BUSINESS OWNERSHIP (sole proprietorship, partnership, corporation)2. ORGANIZATIONAL STRUCTURE (ownership and management)3. LICENSES NEEDED – such as contractors license, etc.4. MARKETING PLAN – using the 4 P’s of marketing5. PRODUCT/SERVICE PLAN – What products/services being offered the first year.6. ADVERTISING – What form of advertising will you use the first year?7. OPERATION PLAN – location, will you make or buy your product.8. SWOT ANALYSIS – Determine the strengths, weaknesses, opportunities, and threats that pertain to your business.9. FINANCIAL PLAN – Make an income statement for the first year (please be realistic). Also include how you will acquire funding.5. Conclusion.In conclusion, please explain why or why not you think your business will be a viable business opportunity. What solutions could you recommend? What timelines would you offer the company? Please justify your reasoning.BusinessPlan for an Established Business This business plan consists of a narrative and several Fnancial spreadsheets.The narrative template is the body of the business plan. It contains more than 150 questions divided into several sections. Work through the sections in any order you like, except for the Executive Summary, which should be done last. Skip any questions that do not apply to your business. When you are Fnished writing your Frst draft, you will have a collection of small essayson the various topics of the business plan. Then you will want to edit them into a ±owing narrative.The real value of doing a business plan is not having the Fnished product in hand; rather, the value lies in the process of research and thinking about your business in a systematic way. The act of planning helps you to think things through thoroughly, to study and research when you are not sure of the facts, and to look at your ideas critically. It takes time, but avoids costly, perhaps disastrous, mistakes later.The business plan narrative is a generic model suitable for all types of businesses. However, you should modify it to suit your particular circumstances. Before you begin, review the section titled Refning the Plan, found at the end of the business plan. It suggests emphasizing certain areas, depending upon your type of business (manufacturing, retail, service, etc.). It
Background image of page 01
View the Answer
also has tips for Fne-tuning your plan to make an e±ective presentation to investors or bankers. If this is why you are writing your plan, pay particular attention to your writing style. You will be judged by the quality and appearance of your work as well as your ideas.It typically takes several weeks to complete a good plan. Most of that time is spent in research and rethinking your ideas and assumptions. But then, that is the value of the process. So make time to do the job properly. Those who do never regret the e±ort. And Fnally, be sure to keep detailed notes on yoursources of information and on the assumptions underlying your Fnancial data.

Business Plan Sports Shop Essay

. Business Plan Sports Shop 15 page

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