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Control How Your Cookies Crumble • Business Sweet Spot • Cash Budget • Questions Answered in a Business Plan • Basics of a Business Plan 1

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Page 1: Control How Your Cookies Crumble Business Sweet Spot Cash Budget Questions Answered in a Business Plan Basics of a Business Plan 1

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Control How Your Cookies Crumble• Business Sweet Spot• Cash Budget• Questions Answered in a Business Plan• Basics of a Business Plan

Page 2: Control How Your Cookies Crumble Business Sweet Spot Cash Budget Questions Answered in a Business Plan Basics of a Business Plan 1

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Business Sweet Spot

What You Enjoy

What You Do

Best

Who Can/Will

Pay

Page 3: Control How Your Cookies Crumble Business Sweet Spot Cash Budget Questions Answered in a Business Plan Basics of a Business Plan 1

Cash Budget

• Estimating Cash In…• Identify revenue by

product or service line• Determine average

ticket price• Estimate number of

buyers by month• Calculate monthly

revenue or cash in

• Estimating Cash Out…• Identify start-up costs• Identify variable costs

by product or service line

• Identify fixed operating costs

• Calculate monthly cash position and breakeven

• Adjust

Page 4: Control How Your Cookies Crumble Business Sweet Spot Cash Budget Questions Answered in a Business Plan Basics of a Business Plan 1

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Questions Answered in a Business Plan

• What is your business idea?

• Who are your customers?

• How will you connect with potential customers?

• Who are your competitors?

• What is your USP?

• How will you carry out the basic functions of your business?

• Is your management team capable?

• What is the long-range future of your business?

• What is your company’s financial picture and expected profitability?

Page 5: Control How Your Cookies Crumble Business Sweet Spot Cash Budget Questions Answered in a Business Plan Basics of a Business Plan 1

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Basics of a Business Plan

• Executive Summary…..The Business in a Nutshell• Company Description…..What You’re About• Target Market Description…..Clients You Work With

• Competitive Analysis…..Others Who Provide Similar Services• Marketing and Sales Plan…..How You Plan to Grow• Operations Plan…..How You’re Organized

• Management Team…..Who You Are• Future Development…..What Your Plans Are for the Future• Financials…..What Your Numbers Look Like• Appendix…..Bios, Resumes, Job Descriptions, Business Documents, Contracts

Page 6: Control How Your Cookies Crumble Business Sweet Spot Cash Budget Questions Answered in a Business Plan Basics of a Business Plan 1

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Mapping success with our clients…

however they define it

This information is brought to you by Nita Black, Managing Partner, MAP Momentum.

www.MAPMomentum.com