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Categories:
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Business Planning for Startups & Entrepreneurs

Arnab Ray

April 20, 2017
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Categories:
  • Entrepreneurship
  • Business Planning
  • Entrepreneurship
  • Videos
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Business Planning for Startups & Entrepreneurs

Today we are going to talk about business planning.
– What is a business plan?
– Why do you need a business plan?
– What are the uses of a business plan?
– How do you write a business plan?
– Process of business planning?
– Sections of a business plan
– Sample business plan
– Business plan outline

What is a business plan?
A business plan is a roadmap for your business implementation.
It outlines your vision, goals and showcases the plan of achieving them.
Why do you need a business plan?
– Analyze the feasibility of your Idea: Helps You Decide to Proceed or Stop
– Planning Improves Your Odds of Success
–  Valuable Insights: Helps you improve Your Business
– Helps You Keep on Track
– Communicate your idea

So what are the uses of a business plan?
– Raising Funds
– Communication to stakeholders
– Project Roadmap for structured implementation

So how do create a business plan? What is the process?
– IDEATION & FEASIBILITY – Basic documentation of the idea. Understanding the conceptual feasibility.
– MARKET ANALYSIS – Economic, Industry, Competitor analysis. Understand the opportunity.
– STRATEGY FORMULATION – Draw out the marketing, operation, human resource strategy for your venture.
– FINANCIAL PROJECTIONS – Forecast your costs and sales over the timeline. Understand the start-up expenses.

So what does a typical business plan looks like?
– Executive Summary
– Company Overview
– Products & Services
– Business Model
– Strategies & Tactics
– Milestones
– Startup Expenses
– Financial Statements
– Financial Statements
– Return On Investment

If you need any help with preparing a business plan or an investor deck. You can visit one of my ventures at http://www.BPlanExperts.com

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Arnab Ray

Arnab is an entrepreneur, management consultant, mentor and an early stage investor, deeply involved in the startup ecosystem. Arnab is the CEO & Managing Director at Array Innovative Services Pvt. Ltd. His portfolio of ventures include BPlan Experts, PresentationGFX, CrazyAboutStartups.com, Vezume, Array Consultancy Services, and Array MediaGraphics & Systems Apart from work he is a music enthusiast, avid traveler, foodie and out & out crazy about startups.

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  • 5 Myths About Business Planning March 8, 2012
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3 Comments Hide Comments

Amit Dusane says:
June 19, 2020 at 6:54 am

Sir, this link ( http://wwwBPlanExperts.com)is not working.

Reply
Arnab Ray says:
August 22, 2020 at 1:09 pm

Thanks, fixed it 🙂

Reply
5 Warning Signs you mustn’t Overlook in Your Startup - Crazy About Startups says:
October 15, 2020 at 5:57 pm

[…] much on their ideas, but instead, they should spend their time and energy on changing the capable business plan into a flourishing venture. Ideas are only there for lessons and to begin the plan, they aren’t […]

Reply

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Arnab Ray

Arnab is an entrepreneur, management consultant, mentor and an early stage investor, deeply involved in the startup ecosystem. Arnab is the CEO & Managing Director at Array Innovative Services Pvt. Ltd. His portfolio of ventures include BPlan Experts, PresentationGFX, CrazyAboutStartups.com, Vezume, Array Consultancy Services, and Array MediaGraphics & Systems Apart from work he is a music enthusiast, avid traveler, foodie and out & out crazy about startups.


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