Business plans
Who needs a business plan? Who doesn’t?, a business facing investment, expansion, research and development, upgrading
Who requires a business plan? Investors in power or in practice, banks, government aid agencies: the chief scientist, the investment center, aid funds and more…
What is a business plan? A document outlining the future business scenarios with all their implications
The elements of the business plan:
Part 1: The essence of the idea / business, the organization, the entrepreneurs
Part 2: The marketing plan, clarifying the needs, characterizing the marketing environment, estimating and segmenting the market, designing an appropriate marketing mix
Part 3: The operational plan, investment plan, organizational plan, supply chain logistics plan, production and maintenance plan
Part 4: The financial plan: funding sources, financial statement forecast, profit and loss, balance sheet, cash flow forecast
Part 5: Economic analysis, break-even points, sensitivity analyses, NPV, net present value, IRR, internal rate of return, capitalized investment payback period
Summary: Chances and Risks