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

Business Plan Outline - Example A

Getting started with any business is quite an undertaking.  A business plan clearly states what your business is all about.  A business plan is  important for funding, sponsorship, and many other areas of business start-up and operation.
Please follow the suggested outline and consider the questions listed under each heading. Omit areas that are not applicable to your specific business.

The Cover Sheet

• Identify the business and the document.
• Identify the location and telephone numbers of the business or where the principals can be reached.
• Identify the person who wrote the business plan.

Statement of Purpose

• Who is asking for the money?
• How much money is needed?
• What is the money needed for?
• How will the funds benefit the business?
• Why does this loan or investment make business sense?
• How will the funds be repaid?

Table of Contents

• Section One: The Business

A. Description of Business
B. Product/Service
C. The Market
D. Location of Business
E. The Competition
F. Management
G. Personnel
H. Application and Expected Effect of Loan
I. Summary

• Section Two: Financial Data
• Section Three: Financing Proposal
• Section Four: Exhibits
• Section Five: Supporting Documents


Section One: The Business
A. Description of Business

What business are you in?
What is the status of the business? (startup, expansion, takeover)
What is the business form? (Proprietorship, Partnership, Corporation)
Why is your business going to be profitable? (or continue to grow)
When will (did) your business open?
What hours of the day and days of the week will (are) you in operation?
Is your business seasonal?

B. Product/Service

-What are you selling? (not "what are your products or services?")
-What are the benefits (as opposed to the features) of what you are selling?
-How do your products and /or services differ from competing products and/or
services?
-If your product is new or state-of-the-art or otherwise unique, what makes it
different? Desirable?
-If your product or service line is not special, why would people buy from you?

C. The Market

-What are your markets?
-Which ones are buying from you now?
-What products are they buying?
-Who are the people who are buying from you?
-How would you characterize your markets? (growing, steady, declining)
-Why do these people buy from your company?
-Why do they buy from you and not the competition?
-What are they buying from you? On what cycle?
-How can you find more buyers like these?
-What is the size of your market?
-What percent of each market do (or will) you have?
-What is each market's growth potential?
-As each market grows, will your share increase?
-Is the market competitive or not? If not, why not?
-How will you attract and keep these markets?
-How can you expand your markets?

Check out sample exhibits for Annual Sales Forecasts

D. Location of Business

-Where are you located?
-What are the physical features of your building? What should you have?
-Do you lease or own your space?
-What renovations are needed, and how much will they cost?
-Does zoning in your area permit your kind of business?
-What other kinds of businesses are in your area?
-Why did you pick this site over others?
-Why is this the right location for your business? Where should it be?
-How will this choice of location affect your operating costs?
-Are any demographic or other market shifts taking place?

E. The Competition

-Who are your five nearest competitors?
-How is their business? (steady, increasing or decreasing)
-How are their operations similar and dissimilar to yours?
-What have you learned from watching their operations?
-How will your operation be better than theirs?

F. Management

1. Personal history of the Principals
Who is on the management team?
What is your business background?
What management experience have you had?
What education (including both formal and informal learning experiences) has a
bearing on your managerial abilities?

What are your ages, special abilities and interests, reasons for going into
business, where do you live and have lived, etc.

Are you physically up to the job?
Why are you going to be successful in this venture?
What is your personal financial status?

Check out sample exhibits for Owner's Personal Financial Statement.

2. Related work experience
What is your direct operational experience in this kind of business?
What is your managerial experience in this kind of business?
What other managerial experience have you had? (different businesses, clubs,
teams, civic or religious organizations, etc.)


3. Duties and responsibilities

Who does what?
Who reports to whom?
Who makes final decisions?
G. Personnel

What are your current needs ?
What skills will your employees need in the near future? In five years?
What are your plans for hiring and training personnel?

H. Application and Expected Effect of Loan

How much money do you need?
For what purposes will it be used?
Check out exhibits for Sources and Uses of Funds

I. Summary

Summarize ideas developed in the preceding sections.
Make sure the different parts of the analysis make sense, support each other
logically and coherently, and project probable success.

Section Two: Financial Data (forms attached) 
• List additional financial documents to be found in the Exhibits section.
A. Sources and Uses of Funds
B. Capital Equipment List
C. Balance Sheet
D. Break-Even Analysis
E. Projected Income Statement
1. Three Year Summary
2. Detail by Month, 1st year & Quarter, 2nd and 3rd years

F. Cash Flow Projections

1. Three Year Summary
2. Detail by Month, 1st year & Quarter, 2nd and 3rd years

G. Budget Deviation Analysis

H. Historical Records (Balance Sheets, Income Statements and Tax Returns for
past 3 years.

I. Summary
Explain basic assumptions used in their preparation.
Provide other comments necessary to understand the documents
Position the documents in the Exhibits section.

Section Three: Financial Proposal 
• Explain fully your proposal to the lender.

Section Four: Exhibits (as required and/or appropriate) 
Section Five: Supporting Documents 
• For example: Brochures & advertising materials, industry studies, blueprints & plans, maps & photos of locations, magazine or other articles, lists of equipment owned or to be purchased, copies of leases & contracts, letters of support from future customers, other materials which support the assumptions in this plan.

SUBSIDIARY SCHEDULES FORM

Sources of Funds
Owners Investment
A.
B.
Total Owners Investment
Bank Loans
A.
B.
Total Bank Loans
Other Loans
Econ. Develop. Loans
Total Other Loans
Total Sources
Uses of Funds
Buildings/Real Estate
Land/Improvements
Construction
Remodeling
Leasehold Improvements
Total Bldgs/Real Estate
Capital Equipment
Furniture
Equipment
Fixtures
Machinery
Total Capital Equipment
Administrative Costs
Deposits
Prepaid Insurance
Goodwill
Total Administrative Costs
Opening Inventory
A.
B.
C.
D.
Total Inventory
Preopening Expenses
Accounting & Legal
Advertising
Car/Delivery/Travel
Insurance
Interest
Outside Services
Payroll Taxes
Rent
Repairs & Maint.
Supplies
Taxes
Telephone
Utilities
Wages
Misc. 0
Total Pre-opening Expenses
Owners Withdrawal
Working Capital Requirement
Contingency Fund


SUMMARY SCHEDULE FORM

SOURCES OF FUNDS
Owners's Investment
Bank Loans
Other Loans
Total Sources
USES OF FUNDS
Building/Real Estate
Capital Equipment
Administrative Costs
Opening Inventory
Preopening Expenses
Owner's Withdrawal
Working Capital Requirement (from Cash Flow Projection)
Contingency Fund (amount required to make Cash Flow Projection breakeven)
Total Uses

SECURITY AND COLLATERAL FORM

Collateral for Loans .......... Value .......... Description
Note: Value is lower of cost or market value
Total Collateral
Signers for Loans (Requires all major owners)
Guarantors for Loans (Other than owners)