A business plan has many different parts and often is
several pages long. I have written two for actual businesses and they were each 30 - 40
pages long.
The main components of a business plan include
the following:
1. A mission statement, objectives, and
what about your specific business will lead to success.
2.
A summary of the company including ownership, history or start-up plan, locations, and
facilities.
3. A description of the products, in your
scenario soaps. This needs to include information comparing your product with any
competition, sales literature, technology used, sources, and potential future products,
if any.
4. A market analysis summary that includes how the
market is divided, needs, trends, growth, other major participants within the industry.
In your scenario this would include comparisons with the major soap manufacturing
industries (ie Proctor & Gamble, Johnson & Johnson, etc. as well as the
small specialty soap manufacturers including the homemade soap
industry)
5. The strategy and implementation summary and
a web plan summary will include your marketing, promotion, & distribution
plans. It will alsoinclude sales strategies and
forecasts.
6. A management summary includes a brief
biography of the key personnel on the management team and future hiring
plans.
7. Finally there is a financial plan. This needs to
include your break-even analysis, projected profit and loss, projected cash flow,
projected balance sheet, business ratios, and long-term plans. Often you will predict
the next three months as months, then quarterly projections for the next 3 or 7 quarters
and then annual projections for the next 3 years.
I hope
this helps get you started. You need to look at the soap making business in each of
these categories.
No comments:
Post a Comment