Capital Spending Plan: Chapter 7 Cash Flow Forecast: Chapter 7 Future Trends: Chapter 3 Risks Facing Your Business: Chapter 8 Personnel Plan: Chapter 8
Business Personality: Chapter 8 Staffing Schedule: Chapter 8 Job Descriptions: Chapter 8 Specific Business Goals: Chapter 2 Personal Financial Statement: Chapter 5 Personal Background (Your Strong and Weak Points, General and Specific Skills Your Business Needs, Your Likes and Dislikes): Chapter 2 Appendix: Table of Contents: Chapter 9 n
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Appendix: Supporting Documents:
Chapter 9. • Quick plan (one-day plan). This method
a llows you to produce a basic business plan in a short time—as little as one day in some cases. If you know your business, are familiar with and able to make financial projections, and have done the necessary research, you may be able to create a plan in one day. But understand that a quick plan is a stripped-down version of a business plan. It won’t convince either you or your prospective backers that your business idea is sound. It is appropriate only if your business idea is very simple or someone has already committed to backing your venture. Most lenders and investors receive many requests for money every week and they develop a set of criteria that helps them screen proposals. The
Introduction | How to use this book |
basic information in a quick plan is usually not enough for them to make a decision. Sad to say, most busy backers will turn down a proposal before they will ask for more information. Potential backers, just like most people, prefer a deluxe version with all the extras to a stripped-down model. A stripped-down quick plan has these few components: Title Page: Chapter 9 Plan Summary: Chapter 9 Table of Contents: Chapter 9 Problem Statement: Chapter 3 Business Description: Chapter 3 Business Accomplishments: Chapter 5 Sales Revenue Forecast: Chapter 3 Profit and Loss Forecast: Chapter 6 Capital Spending Plan: Chapter 7 Cash Flow Forecast: Chapter 7 Supporting Documents: Chapter 9. Quick Plan. The “quick plan” icon appears at the beginning of each chapter containing quick plan components and guides you to the sections you’ll need. • Customized plan. Of course, you
can start with a quick plan and add components from the complete business plan to suit your needs. When deciding what to include and what to exclude, ask yourself: Which of my statements are the strongest? Which statements do my backers want to see? n
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