Monday, July 27, 2009
These are all questions about Business Plan:
   * Executive summary
   * Company overview
   * Products and Services
   * Marketing plan
   * Operational plan
   * Financial plan
   * Management structure
Executive summary
   * What is the opportunity
   * What is the product(s)
   * What services will be provided
   * Who are the target customers
   * Who are the key people
   * What are the key commercial targets
   * What are the main milestones
Company overview
   * Who are the key people
   * What will the business do
   * What are the companies guiding lights
   * What are the companies core values
   * What are the companies goals
  1. in the market
  2. financially
  3. with the product
   * What is the opportunity
  1. market
  2. customer
   * What are the companies key strengths
   * What is the legal setup of the company
Products and Services
   * What is the product(s)
   * How is the product constructed
   * What are the component parts
   * What are the unique elements
   * What is the development ethos
   * What is the pricing structure
   * What are the services
   * How will services be delivered
Marketing plan
   * What is your proposition
   * Define its value
  1. in proposed solution
  2. too whom
  3. quantify
  4. endorse
  5. back-up
   * Where does offering position?
  1. company
  2. product
  3. service
   * How is offering different?
  1. how does this represent
- best value
- competitive advantage
   * How does this allow customer to differentiate themselves?
  1. overcome problems
  2. improve their business
  3. cost saving
  4. customer
- satisfaction
- retention
5. win sales
6. etc
   * How does this differentiate us from our competitor(s)?
   * Who are our customers
  1. their people
  2. their business
  3. their issues
  4. their location
  5. their size
   * Which industries are they in
  1. industries
  2. size of market
  3. opportunity
  4. trends
   * Are there particular industry threats to consider?
  1. changes in technology
  2. changes in regulations
  3. changes in economy
   * Who are our competitors
  1. Which companies
  2. What products
  3. What services
  4. How do we compare
- products
- price
- service
- Reputation
   * What is our strategy
  1. What is the message
- what is it we do?
- where have we done it? what benefits
- have our customers realised?
   * Why would prospects believe us?
  1. Why does our proposition work?
- make it logical
- make it believable
2. Who will/has benefitted
- individual
- job function
- organisation
   * How will we reach our target customers
  1. methods
  2. costs
  3. budgets
   * How will we sell to our customers
  1. direct
  2. retail
  3. resellers
  4. internal sales
Operational plan
   * How is development managed and controlled
  1. strategy
  2. development roadmap
  3. design methodology
  4. processes
  5. controls
   * What production methods are used
  1. production techniques
  2. process controls
   * What staff is required
  1. What level of staffing will be required
  2. What skills are required
  3. What are expected salary costs
  4. Are there specific training requirement
   * Who are our suppliers
  1. what do they supply
  2. how are they controlled
Financial plan
   * Explain the 12 months profit and loss projection
   * Have any assumptions been made
   * What are the longer term projections
Management structure
   * What is the management structure
   * What are the key skills of management
   * Who are the key external influencers
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