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1、SampletemplateFBLABusinessPlanProjectThiseventrecognizesFBLAmembersthatdemonstrateanunderstandingandmasteryoftheprocessrequiredtodevelopandimplementanewbusinessventure.Asastart,wewill“outline”ourbusinessconceptusingMSWord,PublisherandPowerPointtoflesh-outtheideas,issues,andconsiderat
2、ionsnecessarytomakeourproposedbusinessconceptsuccessful.Aneffectivebusinessplanmustincludethefollowinginformation:1)ExecutiveSummary—providesabriefsynopsisofthekeypointsandstrengthsincludedintheplan.This,plustheMissionStatement,Motto,Logo,etc.convincesthereadertoreadtherestoftherepor
3、t.2)CompanyDescription—includesthebasicdetailsofthebusiness.Providesanoverviewofthebusiness,itslocation,anditslegalstructureandorganization.3)IndustryAnalysis—providesananalysisofthelargerindustrytowhichthebusinesswillbelong.Analyzeskeytrendsandplayersintheindustry.Demonstratesanunde
4、rstandingandawarenessofexternalbusinessconditions.4)TargetMarket—providesabriefoverviewofthenatureandaccessibilityofthetargetmarket.5)CompetitiveAnalysis—includesanhonestandcompleteanalysisofthebusiness’competition.Demonstratesanunderstandingofthebusiness’relativestrengthsandweakness
5、es.6)MarketingPlanandSalesStrategy—demonstrateshowthebusiness’productorservicewillbemarketedandsold.Includesbothstrategicandtacticalelementsofthemarketingandsalesapproach.7)Operations—providesanoverviewofthewaythebusinesswilloperateonaday-to-daybasis.Includesproductionprocesses,physi
6、calfacilityreview,utilizationoftechnology,andprocessesfollowedtoensuredeliveryofproductsorservices.8)ManagementandOrganization—describesthekeyparticipantsinthenewbusinessventure.Identifiesthehumanresourcesthebusinesscandrawuponeitheraspartofthemanagementteam,employeepool,consultants,
7、directors,oradvisersandtheroleeachwillplayinthebusiness’development.7of7Discussescompensationandincentivesanddetailsdecision-makingprocesses.1)Long-TermDevelopment—givesaclearvisionforwherethebusinesswillbeinthree,five,ormoreyears.Demonstratesanhonestandcompleteevaluationofthebusines
8、s’potentialf