Create A Business Plan A well written business plan will play a key role in the success of your business.

. In addition to being required to obtain certain loans , a carefully considered plan help business owners focus on the strategic objectives and communicate those objectives to the staffs .For those who are inexperienced in creating a business plan , free assistance would be rendered a variety of sources . Local banks can tell you what they look for a plan , and accountant can help you prepare necessary financial statements . A marketing guy help you guide to plan in marketing and a Sales person would help you to understand the Pros and Cons of Sales Management. The Planning process will not be intimidating if you keep these points in mind : Planning ahead for your new business can mean the difference between success and failure . Use an informal plan consisting of three to Six pages to convince relatives and friends to back your venture. Be sure to cover up the eight points cited below . To approach bankers , individual investors or a venture capatalists , prepare a more formal written business plan . It should not longer than 40 pages and should be organized as follows . 1. Executive Summary : A two-page , sufficient explanation about your business and activities , with an overview of your key objectives and business goals . 2. Business Description. Describes your perception of the company . How will your business grow and profit?? 3. The Market and Competition : Largest section . Honestly acknowledges competition and describes how your company will differ from other providers . 4.The product or Service . Describe the core of your business . 5.Selling . Explain how you will access in the market place . Will you advertise , attend trade shows , establish a Web Site ? 6. Management and Personnel : Explain how you will staff and manage your business . It includes one paragraph profiles biographies-of yourself-partners . 7. Financial data : Contains the balance sheet , profit and lost statements , break even chart and cash flow analysis . 8. Investment : Based on cash flow . It includes what the investor will receive as a return . 9. Appendices : Includes testimonials from potential customers , research clips , miscellaneous charts and graphs .

To create a successful business plan , consider these three questions : 1. Which type of business plan ( Informal. Less than 10 pages , or more formal , up tp to 40 pages ) is most appropriate for you and why ? 2. Outline the section of your plan ( See list above). How longshould each be ? 3. Identify areas that require more work on your part , as well as areas that you are ready to put in writing. Business Plan : Company X 1. Name of the business : -------------------------------2. Address : -------------------------------3. Telephone : -------------------------------4. Name of Principal (s) -------------------------------- % Ownership ------------------------------------------------ % Ownership -----------------Amount & Purpose 1. Loan amount Requested : ------------------------------2. Term (No of years / revolving line) : 3. Uses ( Indicates as many as apply) :------------------------4. Bridge Receivables :-----------------------5. Inventory : -----------------------6. Operating Expenses :----------------------7. Capital Expenditure : -----------------------8. Leasehold Improvements : ------------------------9. Others ------------------------ :------------------------------------------------- : -----------------------10. Subtotal :------------------------11. Amount of Owner(s) Investment : ------------------------12. Total : ------------------------13. How will this loan help your business ? -----------------------Description of business : When was the business founded ? ------------------------------------Who founded the business ? --------------------------------------Did you purchase the business ? Y Or N If yes , when ? -------------Business Legal structure : ---- Sole Proprietorship -------- S Corporation -------- C Corporation ----- Professional Corp. ------- Limited Liability ------- Other Number Of employees : --------------------------------------What kind of products / Service does your company produce/provide ? Who are your major clients / Customers ? Competition Who are your competitors ??? -------------------------------------------------How do you distinguish your company from the competitors ???--------------------How do you compare to your competitors ? (Advantages and disadvantages ) -----Marketing

How do you market / advertise your products /Services ? Market segment What is your target market group(s) ? Production /Service Process How does your company make its products or how is service performed ? ( give a detail walk through of the process from the beginning to end) For Manufacturer How does your company turn raw materials in to finished products? Are any of the materials imported ? Y N If Yes what percent and where do they come from? Do you export products ? Y N If yes , what percent and where ? Cash sales: Yes ------ ------------- % No ----------Account Receivable Collection What is the companys term of sale , eg net 30 days , etc? Does your receivable aging schedule reflect your sales terms ? How do you bill your clients , immediately , weekly ,monthly, etc? How long does it take to collect the receivables from your client ? How do you monitor the collection of receivables? Is there any customer concentration ? ( More than 20% to any one customer) Facilities Do you own or rent the business premises ? ---------- Rent ------- Own How big is the space ? ----------------------------------For owned space , is there a mortgage ? Y N If yes , amount : Tk ------------------------ Maturity ----------------------------Lender ------------------------------For Rental : How long is the lease? ----------------------------------------------------------What is the monthly rental ? -------------------------------------------------Legal Issues : Are there any existing and/ Or pending litigation or tax liens against your company ? Yes No If yes please attach list and explanation, including current status . Management : Key Staff Responsibilities Prior Experience Details

If resumes are available , please attach them . Balance Sheet and Income Statement Projections : The attached forms are projection models. Please provide the following information along with the projections : a. Sales b. Gross Profit margins c. Fixed Expenses d. Variable Expenses e. Other Projected Balance Sheet Assets ( Page 1) Current Assets Current Balances Date: Year : Year : (a) Cash (b) Invested Cash Accounts Receivable (d) Inventory (e) Current Assets 2. Total Current Assets ( Add 1a through 1 e) 3. Machinery and Equipment 4. Furniture and Fixture 5. Leasehold Improvements 6. Land and building 7. Total fixed Assets ( Add 3 through 6) 8. Accumulated depreciation 9. Net Fixed Assets (subtract 8 from 7) 10. Other Assets (a) Goodwill (b) Capitalized Research & Development Miscellaneous (Security deposits etc)

11. Total Other Assets (Add 10a through 10 c 12. Total Assets ( Add 2, 9 and 11)

Projected Balance Sheet Liabilities and Equity ( Page 2) 13. Liabilities Current Balances Date: Year : Year : (a) Bank Overdraft (b) Accounts Payble Taxes Payble (d) Interest Payble (e) Miscellaneous Payble f. Current Portion LT Debt g. Short Term Debt 14. Total Current Liabilities 15. Long time debts a) b) c) d) Less current portion 10. Other Assets (a) Goodwill 16. Total Long Time Debts 17. Total Liabilities ( Add 14 and 16) 18. Equity (a) Proffered Stock (b) Common Stock Paid In- Capital (d) Retained Earnings 19. Total Equity ( Add 18 a through 18 d) 20. Total Liabilities and Equity ( Add 17 and 19)

Projected Income Statements Profit AND LOST Projections ( Page 3) 1. Revenues (sales) from Current : Date: Year : Year : (a) (b) 2. Total Revenues (Sales) ( Add 1 a through 1 d) 3. Cost Of Sales a. b. c.

4. Total Cost of Sales 5.Gross Profits ( Subtract 4a from 3) 6) Expenses a) Wages b) Payroll Expenses c) Rent (d) Utilities( Electric, telephone etc) (e) Insurance (f) Taxes ( Real Estate etc) (g) Interest (Existing) (h) Depreciation and Amortization (i) Other Administrative Expenses 7. Total Expenses ( Add 6 A through 6 I ) 8. Net Pretex Profit ( Subtract 7 through 5) 9. Tax On Profit 10. Net profit after taxes ( subtract 9 from 8)

References Bank : Bank name , Account Numbers , Contact Person, Telephone Number Suppliers : Name , Contact Person , Telephone No . Customers : Name , Contact Person, Telephone Number. Existing Loans : Lender , Original Amount , Current balance, Interest Rate , Payment Schedule , Security .

Monthly Cash Flow Projections :

1. Cash In Hand Current Month Month Month Month a. Beginning of the month b. Cash sales c. Collection Of Receivables d. Other Cash Income 2. Total Cash Available (Add 1 A through C) 3. Cash paid Out a. Purchases (Inventory) b.Gross wages(excludes withdrwal) c. Payroll Expenses( taxes etc) d. Outside Services e. Supplies(Office and operating) f. Repair and maintenance g. Advertising h. Car , delivery and travel i. Accounting and Legal j. Rent k. Telephone l. Utilities m. Insurance n. Taxes ( real estate) o. Interest Expense) p. Owners withdrawl) q. Loan Principal Payment r. Other Expenses( Specify) s. Miscellaneous Total Cash Paid Out ( Add 3 A Through 3s) Cash Surplus ( Deficit) (2 minus 4) Borrowings Loan Repayment Cash on Hand (End of Month) . ---------------------------------------------------------------------------------------------Cash On Hand ( end of month)