BIZNIZ TOOLS - START UP AND MANAGEMENT SERVICES

A grassroots centered program to assist individuals and small businesses to plan and conduct business successfully in today's changing environment.

 Some ways Biz Niz Tools can serve you:

1) Business Proposal – describes your business in details.

2) Grant Letters – Obtain funding for your organization.

3) Website set up – To inform the public and obtain advertisement for your business.

4) Business Retreat – visit our website

5) Other Services include filling out forms, correspondence, resumes, promotional brochures and flyers.

Operate your business at the cutting edge of technology,
to enhance and increase leverage for growth, innovation, and success.

Don't be archaic - make the change.

Click to start free website 

The organizational assessment is designed to analyze the way the organization is currently operated, by laying out the current system of operation and evaluating this data to assess the needs and develop a solution

Working knowledge of disciplines contributes to the understanding of organizational phenomena. 

Process consultation addresses problems such as high employee turnover, poor quality control, absence of product differentiation, unsfe working conditions, low profit margin, lack of strategic direction, and so on.

BizNiz Tools Consultant Services is a  program designed to provide services to grassroots organizations and such as churches, small businesses, and entrepreneurs who seek to put business ideas to action, in a time when  global economy is challenged and the business environment of every society experience exponential change.  The mission of this program is to educate, innovate and train to build businesses and fulfill dreams.  BizNiz Tools constitutes a group of business associates that  provide tools to plan, organize, build and maintain businesses.   Technology is the main driver of change in business today.  The changing face of technology has created the need for companies to make major changes in order maintain competitive edge.  Services include: business plans, board of director workshops, incorporation services, development of articles and by-laws, bookkeeping, marketing solutions, SWOT analysis workshop, change management workshops, and management services. We are a grassroots community service, and are open to bartering of services.

Contact Information

Phone: (818) 859-9970

Email: BizNiztools@gmail.com

About BizNiz Tools

BizNiz Tools Consultant Services is a  program designed to provide services to grassroots organizations and such as churches, small businesses, and entrepreneurs who seek to put business ideas to action, in a time when  global economy is challenged and the business environment of every society experience exponential change.  The mission of this program is to educate, innovate and train to build businesses and fulfill dreams.  BizNiz Tools constitutes a group of business associates that  provide tools to plan, organize, build and maintain businesses.   Technology is the main driver of change in business today.  The changing face of technology has created the need for companies to make major changes in order maintain competitive edge.  Services include: business plans, board of director workshops, incorporation services, development of articles and by-laws, bookkeeping, marketing solutions, SWOT analysis workshop, change management workshops, and management services. We are a grassroots community service, and are open to bartering of services.

Contact Information

Phone: (818) 859-9970

Email: BizNiztools@gmail.com

Business Plan Outline - Example B

BUSINESS PLAN LAYOUT: 
Suggestions for what should be included  in the plan

This is a possible outline for a more condensed and simplified business plan.  The information in the outline is based on speakers from the Duke Entrepreneurship Education Series (www.DukeDEES.com).  This is only a general outline and none of these components may be required.  Some sections may not even apply to you depending on the type of business.   Follow the outline, answer each questions  and fill in only information that applies to your company. 

Outline

I.  Executive Summary

            a.  Unmet Need and Solution

            b.  Market Opportunity

            c.  Industry Analysis

            d.  Team

            e.  Business Model

            f.  Finances

II.  Problem Definition and Solution

            a.  What is the problem/need that the company is trying to address?

            b.  What is the company’s solution to this problem/need?

            c.  How does the solution work?

            d.  How far along is the solution?  What stage of development is it in?

            e.  Does the company have proof of concept of the proposed solution?

III.  Market Opportunity

            a.  Define the market.

                        i.  What is the market size?

                        ii.  What is the growth rate of the market?

                        iii.  What are key drivers of growth in this market?

            b.  Why this market?

            c.  What are risk factors in addressing this market?

IV.  Industry Analysis

           a.    Define the industry in which the company competes.

           b.    Identify competitors in the company.  What are the strengths, weaknesses,

                   opportunities, and threats associated with these competitors? (SWOT 

                   Analysis)         

            c.    Are their barriers to entry in the industry?  How will the company overcome 

                   them?

            d.    What strategy will the company pursue to achieve profits?

            e.    Does the company have an intellectual property that will give it a sustained

                   competitive advantage?  If so, does the company have freedom to operate 

                   (i.e.are there any competitors present that have similar patents?)

V.  The Team

            a.   Who are the company’s team members? 

                        i.  What is the motivation of the team members?

                        ii.  What is their experience level?

                        iii.  What role does each team member serve in the company?

            b.  Does the company have an advisory board? 

                        i.  Who is on the board?

                        ii.  What roles do they fill? 

                        iii.  How involved will the advisory board be? 

                        iv.  What resources does the board bring?

            c.  Does the company have service providers?

                        i.  Does the company employ a law firm?

                        ii. Does the company employ accountants?

VI.  The Business Model

          a.  What method will the company employ to make money (e.g. service, product, 

                subscription method)?

          b.  Who is the company’s target customer?

          c.  Is the business scalable (i.e. is there a limit to the number of customers that the

                   business can serve)?

VII.  Finances

         a.  How much is the company worth?  What do the 3-5 year projections look like for 

               the company (e.g. pro forma income statement, balance sheet, and statement of 

               cash flow)?  

         b.  What do different scenarios of the company look like?  What does the company’s

               best, worst, and expected financial performance look like?   

         c.  How much cash is needed for each milestone the company wants to achieve?  

         d.  What do comparable firms to the company look like in terms of financial ratios?

Web Resources:

http://www.dukestartupchallenge.org/the-competition/phase-2

Additional Resources

Small Business Administration offers resources on how to write a business plan and starting your own company:

http://www.sba.gov/smallbusinessplanner/plan/writeabusinessplan/index.html

American Express provides advice and tips on the various sections of the plan: 

http://www133.americanexpress.com/osbn/tool/biz_plan/index.asp

Getting Investment, Key Factor: Initial Valuation

Getting Investment, Key Factor: Initial Valuation

by Tim Berry

If you are going to get outside investment to start your business, you need to know your initial valuation. Valuation is essentially price. Say you want to bring in $150,000 from an angel investor. The immediate question from the investor will be something like: “at what valuation?” Sometimes that’s called “pre-money valuation,” because the instant the deal happens the valuation will change into post-money valuation, which is always higher — because your company just got some new cash.

Your answer sets your deal equivalent of an asking price. If you say $500,000, then you’re offering the investor 30% of your company for $150,000. If you say $300,000, you’re offering 50%. If you say $1 million, then you’re only offering 15%.  Which leads to the question:

 
So how do I know? How do I set valuation appropriately? What is that based on? Is it some multiple of sales, or intellectual property, or what?

And that’s a good question, and very hard to answer. Sure, you want some compromise between what you want to give, as a percent of ownership in your company, and what investors would want to buy. Investors will simply say no if it’s not an attractive offer. But that’s still very vague.

* In the case of an existing business, with some history, you do have some formulas you can use. For a great site on that business interpretation of valuation, for existing busineses, I suggest bizequity.com, the zillo of small business.

* When we’re talking about startups, however, you don’t have history and you can’t really apply formulas based on sales, or revenue, or even intellectual property (although that could be more relevant).

So here’s my concrete suggestion:   Click here

At this point a lot depends on your overall business offering, the cards your company brings to the table. Investors want as high return as possible, with as little risk, but in relation to return. How experienced is your team? How defensible is your product? How rich is the market? All these factors determine what kind of a deal will be acceptable to investors.

     
* Let’s say, in this case, you’re new at startups, you have very little track record, and you want to attract an active angel investor as a partner. So maybe you set your initial valuation at $750K, meaning you’re offering to give away 2/3 of your ownership to get the money you need. You’re being realistic about what will attract an investor. You better really, really, like that investor, because he or she will essentially own your company. But this is a hypothetical case, and without a lot of experience and defensibility, that may be the best you can do.

          * Or maybe you’ve got better cards to play: you’ve got a team with startup experience, and a defensible new product, with some intellectual property, and it looks like an attractive market. That makes you able to set a stronger valuation, and maybe — we hope — still make it an attractive offer to investors. So maybe you say you’re valuing it at $1.5 million. You’re offering investors one third of your company for $500K.

So there’s a quick and (I hope) simple summary of how you set the initial (pre-money) valuation when you want to attract investment.

Retrieved 11/06/10 from:  http://articles.bplans.com/writing-a-business-plan/setting-an-initial-valuation/617