Business Planning Guide

by Bangs, David H.

• ISBN13: 9780793154098
• ISBN10: 079315409X
• Edition: 9th
• Format: Paperback
• Copyright: 2002-05-15
• Publisher: Kaplan Publishing

Summary

"The Business Planning Guide... works because it's focused and simple."ForbesMagazine "Key Bank has referred people toThe Business Planning Guidefor years. Bangs's no-nonsense style takes the intimidation out of the business planning process."Jayne Crosby-Giles, Senior Vice President and Area Sales Manager, Key Bank "The Business Planning Guideis a classic of American entrepreneurial literature."David BenDaniel, Professor, Johnson Graduate School of Business, Cornell University For anyone considering venturing into the unknown waters of starting or managing a business, having a voice of experience at hand can mean the difference between a safe journey and shipwreck. Too many new ventures start with neither compass nor maphighly inadvisable in such an important undertaking. New and existing businesses alike need tools forbusiness analysis, financial forecasting,andbudgeting guidelinesto grow and prosper. Although these terms sound technical, the practical, proven, and real-life advice offered in this all-new ninth edition ofThe Business Planning Guidemakes the jargon come alive. If you are an entrepreneur or manager wanting to launch and grow your venture on more solid financial footing, these are the step-by-step strategies you need to compile a complete business plan and financing proposal. The Business Planning Guideprovides three complete sample business plans and offers expert guidance, including information on how to: Collect relevant information from inside and outside your company. Analyze current market conditions as well as your business's strengths, weaknesses, and opportunities. Determine the appropriate amount and kinds of financing you will need. For businesses small or large, for-profit or non-profit, author David H. "Andy" Bangs, Jr., offers his business philosophy: "The thrill comes in making a business grow, serving more customers, trying out new ways to deliver value to them, and watching your employees grow and develop."

Author Biography

David H. "Andy" Bangs, Jr., is a longtime entrepreneur, founder of Upstart Publishing Company, bestselling author, and former banker.

Table of Contents

Foreword	v
Janice Hastings
To the Reader	vii
Acknowledgments	xiii
Introduction: Overview of the Business Plan	1	(1)
Outline of a Business Plan	2	(2)
The Cover Sheet	4	(2)
Statement of Purpose	6	(3)
Table of Contents	9	(2)
A Brief Note on Financing	11	(2)
The Business	13	(56)
Description of Business	14	(6)
Product/Service	20	(3)
The Market	23	(18)
Location of Business	41	(2)
The Competition	43	(4)
Risks and Opportunities	47	(8)
Management	55	(6)
Personnel	61	(1)
Application and Expected Effect of Loan	62	(3)
Summary	65	(4)
Financial Data	69	(48)
Sources and Applications of Funding	72	(1)
Capital Equipment List	72	(3)
Balance Sheet	75	(4)
Breakeven Analysis	79	(6)
Projected Income Statement	85	(14)
Cash Flow Projection	99	(9)
Historical Financial Reports	108	(1)
Deviation Analysis	109	(6)
Summary	115	(2)
The Financing Proposal	117	(8)
Debt versus Equity	120	(3)
Kinds of Bank Financing	123	(2)
Supporting Documents	125	(8)
The Household Census Survey	126	(3)
Sample Letter	129	(1)
Sample Letter of Reference	130	(1)
Sample Floor Plan	131	(2)
Appendix I: Additional Supporting Documents	133	(10)
Sample Partnership Agreement	134	(4)
Corporate Checklist	138	(2)
Functional Resumes	140	(3)
Appendix II: Alternate Business Plan Outlines	143	(6)
The Burch Outline	143	(2)
The American Institute of Small Business Outline	145	(1)
Computerized Business Planning Outline	146	(1)
Additional Outline	147	(2)
Appendix III: Sample Business Plans	149	(76)
Financing Proposal for Finestkind Seafoods, Inc.	149	(25)
World Beat Tours Business Plan	174	(20)
VSA arts New Hampshire Business Plan	194	(31)
Appendix IV: Worksheets	225	(6)
Resources	231	(6)
Glossary	237	(4)
Index	241