business plan template v4 01092009

8/4/2019 Business Plan Template v4 01092009

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3 Year BUSINESS PLANFor

>>please insert the name of the business here


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1. BUSINESS DETAILS

Name of Business:

BusinessFormat:

Sole trader FranchiseLimitedcompanyPartnerhip

Existingbusiness

How many yearstrading?

New business

Address of thebusiness:Website Address:Telephone No.:

Email Address:

What are the activities of the business?

How many employees? Role Full-time Part-timeSales

Manufacturing

Administration

Other (pleasespecify)

Who owns the business?


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What are your objectives for the business?Short Term:Medium Term:Long Term:

3. KEY PEOPLE / MANAGEMENT

Who are the key people in your business?Name (1)

Position in the business

Qualifications

Experience/knowledge ofthe industry

Previous Employment Name ofemployer

Position held Term of Employment

Name (2)

Position in the business

Qualifications


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Experience/knowledge ofthe industry

Previous Employment Name of

employer

Position held Term of

Employment


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4. PRODUCTS & SERVICES

What are the main products / services you sell?What percentage of turnover does each product / service represent?How are your products / services different to your competitors?

Product / Service Percentageof yourturnover itrepresents

Differentiation factor(s) / uniqueselling point(s)

1) %2) %

3) %

How will you produce your products / service?

Who are your main competitors?Competitor Strengths Weaknesses

Who are our main suppliers of goods and / or ser ices? What Terms of credit are


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7. BUSINESS PREMISES

From where will your business operate?Your home

Rented property Specify:Term of leaseHow often will you pay rent?How much rent will you have to pay?

Property owned by thebusiness

If this is funded by loan/lease,specify:

Current loan balanceTerm and amount of repaymentsNumber of years until it will be cleared

Other

Details of your business premisesAddress(if different to yourregistered business

address)

Office space (size)

Production space(size)

Oth ( i ) (please specify)


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9. FINANCIAL INFORMATION

How will the business befunded?

Source Percentage

Amount

Personal CashInvestors CashGrant(s)Bank finance*Other (please specify)

100%

* What methods of bank finance will you use?Term Purpose Loan Amount Repayment

Term(every month,quarter, etc.)

AnnualRepayment

Amount

Overdraft ShortTerm Loan Mediu

m

Leasing Medium

Business mortgage LongFixed Asset Loan LongOther (pleasespecify)

Totals


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o Trading Profit & Loss Accounts for the next 3 years

o Breakeven Analysis (see Notes page for example)

o Asset/Liability Profile (see Notes page for template)

It is important that projections are as realistic as possible. You might find it useful to seekprofessional advice from a qualified Accountant.


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10. OTHER INFORMATION

Are there any other factors that might impact on the future of yourbusiness?

Political

Economic

Social / Cultural

Technological

Legal

Environment


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NOTES:Cashflow Forecast

You can download a template from www.aib.ie/business or you can create your own, based on the sample basic template below:000s Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12

Opening Balance(First month should be in line with currentaccount balance and thereafter the closingbalance from the previous month)

a

Income

Subtotal b

Expenditure

Subtotal c

Closing Balance =a+b-cNotes:

o You should specify the exact date (e.g., change (Month 1) to Jan 2010

o List each individual category under the income and expenditure headings

As set / Liability Profile:Asset / ClassDescription(location / maturity date)

PurchasePrice(If property)

Date ofPurchase(Ifproperty)

MarketValue

Basis & Date ofValuation Professional (PV),Discounted Purchaseprice etc

AssociatedBorrowings(Direct/Indirect)

FinancialInstitution

Repayment structure(Capital & Interest,Interest Only, InterestRoll-Up)

Repayments(Monthly)

Monthly Income(Rental / Dividend,etc)

000 000 000 000 000

Breakeven AnalysisA breakeven analysis shows the value and the volume of Sales needed to generate Net Profit before Tax of 0.

To calculate breakeven you need to know the following information: Fixed CostsSelling Price per unitCost of Sales per unit

To calculate the volume of units to sell to breakeven =Fixed Costs

/ (Selling Price per unit Cost of Sales per unit)
http://www.aib.ie/businesshttp://www.aib.ie/business


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To calculate the value of Sales to breakeven = Volume of units to breakeven * Selling Price per unit

business plan template v4 01092009

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