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Post Info TOPIC: BUSINESS PLAN


Nuevo

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RE: BUSINESS PLAN
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"Confundida",


I found your posting almost by accident, and since your presentation isn't until July then I guess I can help you out a little bit with your Business Plan. In any case, it will help you if you ever plan to start up a business of your own.


First off, you need to find some business which you believe in! If you don't but still think your idea is good then you have to make the audience BELIEVE that your business idea is really good and a financially viable venture. Does this make sense? If you don't believe in your own business, then who will?


Second, you have to think that a Business Plan's main objective is to obtain a bank loan, grant or whatever you want to call it (funding). This often involves honouring a bank covenant or a set of requisites that you must meet periodically in order to continue being elligible for the bank loan/grant. If you meet certain financial ratios as requested by the bank, there shouldn't be major complications repaying the debt. In the case of grants or government assistance, these can be forgiven if you operate successfully and meet or exceed the above mentioned ratios. Accounting ratios, and therefore knowledge of basic accounting becomes of utmost importance. Remember, if you can't convince a financial institution to fund your business, then you're doomed. Throw in some accounting, this will impress the audience/marker.


Third, I would strongly agree with a suggestion previously posted on this forum; follow the templates in MS Powerpoint and don't take any shortcuts! 


Mucha suerte en tu proyecto!  


 


Alonso Sotomayor, BBA candidate 0T7 (Toronto)    



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Alonso S


Foro Master

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Business plans are a b!tch to create, I had to make one for my company... God is right, takes more than a couple hours, takes weeks to do it right.

I would recommend doing something u are interested in cause there's research involved and a lot of inquiring... it would be more tedious to do a plan on a subject u don't really care about.

I used the business plan template that came with PowerPoint... its quite detailed and I got approved for my bank loan so i guess it helped.

Just to add... don't take any shortcuts... trust me, you'll learn more

-- Edited by Marky Mark at 14:35, 2006-04-17

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Julie wrote:


I meant reliable :whatever:
 

 




Now it makes sense, you gotta be careful with the way you print your ideas otherwise like Donald Trump would say, you would be FIRED!

Listen honey, don't whatever me.

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I WAS THINKING SOMETHING WAT PRINCESA SD.....SINCE MY PARENTS HAVE ONE BACK HOME.....


 


I WAS ALSO THINKING OF DOING SOMETHING LIKE A HWK HELP LINE.........



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Comandante

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Confu.....I can help you...like give you almost all the info you need and you will not need to do any research.....pm me....I have a BUNCH of stuff that you can use....I helped a friends put together the exact same type of project not too long ago...

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@ Confu.... how about putting together a TV show? that's would like a business plan and since you're into the entertainment field it would be appropriate...


you would have to structure an idea for a show, look for sponsors, etc.


 



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God wrote:


Julie wrote: Merdeeeeeeeeeeeeee ! only 2 weeks ? What do you have in mind ? Nothing is not an answer ! please put your toughts on a piece of paper and share them with us see what we can help you to put together. ok but still what do they want you to cover, there is no way you can put a liable bizz plan in 2 weeks. I know it will be 1st one so they probably just want to test you and see what will be need to be improved blablabla but still. I don't think a liable Business is god Idea.


I meant reliable :whatever:


 


@ Confu, anything that had always interested you ?


I mean the idea needs to come from you. We might be able to help you but the core has to come from you if not, you won't be able to be passionate about it and give a good presentation, meaqning great grade ......


 



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Julie wrote:


confundida wrote: God wrote: confundida wrote: AIGHT GUYS......   IN SCHOOL I HAVE TO DO A FINAL PROJECT.....REGARDING A BUSINESS PLAN......IT WILL BE PRESENTED TO A BUSSINESS CONSULTANT AND A BANK TELLER.....   CAN ANYONE GIVE ME AN IDEA ABOUT A BUSINESS PLAN THAT THEY HAVE???? flaka when is your dead line ? because is not going to take ya couple hours.... SOMETIME  IN JULY!!! BUT WE HAVE DIFF DEADLINE Ok so you do have what need to be done and by when ? - bizz idea - finacial planning - Stock management (if so) etc.... is it like that ? Please break it down

EVERYTHING THAT I CAN THINK OFF THAT WOULD TAKE MY BUSS OFF THE FLOOR AND SELL MY IDEA TO THE BANK FOR A GRANT!!

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Julie wrote:

Merdeeeeeeeeeeeeee ! only 2 weeks ?
What do you have in mind ? Nothing is not an answer ! please put your toughts on a piece of paper and share them with us see what we can help you to put together.
ok but still what do they want you to cover, there is no way you can put a liable bizz plan in 2 weeks. I know it will be 1st one so they probably just want to test you and see what will be need to be improved blablabla but still.




I don't think a liable Business is good Idea.

-- Edited by God at 13:07, 2006-04-17

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confundida wrote:


God wrote: confundida wrote: AIGHT GUYS......   IN SCHOOL I HAVE TO DO A FINAL PROJECT.....REGARDING A BUSINESS PLAN......IT WILL BE PRESENTED TO A BUSSINESS CONSULTANT AND A BANK TELLER.....   CAN ANYONE GIVE ME AN IDEA ABOUT A BUSINESS PLAN THAT THEY HAVE???? flaka when is your dead line ? because is not going to take ya couple hours.... SOMETIME  IN JULY!!! BUT WE HAVE DIFF DEADLINE


Ok so you do have what need to be done and by when ?


- bizz idea


- finacial planning


- Stock management (if so)


etc.... is it like that ?


Please break it down



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I HAVE TO TELL MY TEACHER IN TWO WEEKS WAT IM GOING TO DO THE BUSS PLAN ON!!!


 


MY FINAL PRESENTATION IS SOMETIME IN JULY!!!!



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Merdeeeeeeeeeeeeee ! only 2 weeks ?


What do you have in mind ? Nothing is not an answer ! please put your toughts on a piece of paper and share them with us see what we can help you to put together.


ok but still what do they want you to cover, there is no way you can put a liable bizz plan in 2 weeks. I know it will be 1st one so they probably just want to test you and see what will be need to be improved blablabla but still.



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confundida wrote:


 I HAVE TWO WEEKS TO COME UP WITH AN IDEA ...........   @JULIE A NEW BUZ.......


how about a school for bouncers???


u know.... a school that teach those maddafakkers how to differentiate cheap clothes that look expensive from the real expensive ones????


 


(i know, i'm still bitter about that...)



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God wrote:


confundida wrote: AIGHT GUYS......   IN SCHOOL I HAVE TO DO A FINAL PROJECT.....REGARDING A BUSINESS PLAN......IT WILL BE PRESENTED TO A BUSSINESS CONSULTANT AND A BANK TELLER.....   CAN ANYONE GIVE ME AN IDEA ABOUT A BUSINESS PLAN THAT THEY HAVE???? flaka when is your dead line ? because is not going to take ya couple hours....


SOMETIME  IN JULY!!!


BUT WE HAVE DIFF DEADLINE



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confundida wrote:

AIGHT GUYS......
 
IN SCHOOL I HAVE TO DO A FINAL PROJECT.....REGARDING A BUSINESS PLAN......IT WILL BE PRESENTED TO A BUSSINESS CONSULTANT AND A BANK TELLER.....
 
CAN ANYONE GIVE ME AN IDEA ABOUT A BUSINESS PLAN THAT THEY HAVE????




flaka when is your dead line ? because is not going to take ya couple hours....

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McOSIRIS wrote:


confundida wrote: AIGHT GUYS......   IN SCHOOL I HAVE TO DO A FINAL PROJECT.....REGARDING A BUSINESS PLAN......IT WILL BE PRESENTED TO A BUSSINESS CONSULTANT AND A BANK TELLER.....   CAN ANYONE GIVE ME AN IDEA ABOUT A BUSINESS PLAN THAT THEY HAVE???? didn't you just started????


I HAVE TWO WEEKS TO COME UP WITH AN IDEA ...........


 


@JULIE


A NEW BUZ.......



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What are the guide lines ?


What needs to be covered ?


I mean they are so many aspects ! Is it more like Bizz plan to open o new bizz, relase a pdt on the market, reduce empoyees turn over and improve productivity, etc.....


 


 



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I can you a sample of a proposal.


A proposal is what we as a charity use to ask a corporation, etc. for a long/short term monetary committment. It basically sells the foundation & it has the pro, benefits, etc. of sponsoring us & supporting our vison & mission.


Now I'm not sure if this would be considered a bussiness plan, but some proposal do incorporate some of it.



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confundida wrote:


AIGHT GUYS......   IN SCHOOL I HAVE TO DO A FINAL PROJECT.....REGARDING A BUSINESS PLAN......IT WILL BE PRESENTED TO A BUSSINESS CONSULTANT AND A BANK TELLER.....   CAN ANYONE GIVE ME AN IDEA ABOUT A BUSINESS PLAN THAT THEY HAVE????

didn't you just started????

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Foro Master

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AIGHT GUYS......


 


IN SCHOOL I HAVE TO DO A FINAL PROJECT.....REGARDING A BUSINESS PLAN......IT WILL BE PRESENTED TO A BUSSINESS CONSULTANT AND A BANK TELLER.....


 


CAN ANYONE GIVE ME AN IDEA ABOUT A BUSINESS PLAN THAT THEY HAVE????



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