Business Plan Development
Get the best business plans available with Black Sheep Business Consulting
Get The Best Business Plans With BSBCON
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Why Choose Black Sheep Business Consulting?
BSBCON has experience building successful business plans in a wide variety of industries so, regardless of which industry or market you’re operating in, you can feel confident that your plan will provide a roadmap that will ensure long-term success for you and your business!
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Business Plan Development – How We Help
In order to have a clear picture of how a business owner intends to develop and grow their firm, one of a business owner’s most important tools is a business plan. A properly constructed business plan will entice investors or potential buyers, and communicate to customers why the business deserves their support and patronage. The business plan is essentially a roadmap that is constructed to provide a solid foundation for the company.
A business plan can vary in size and include many sections depending on what industry or product the company is involved in, but all business plans have (at minimum) these four components:
Bsbcon Business Plan Testimonial
Bsbcon Business Plan Testimonial
Executive Summary
This component can be described with many names, but fundamentally what the Business Concept describes is the vision for the business and how exactly the business expects to succeed at realizing that vision. The concept should be able to be, when necessary, summarized so that it can be shared with others in less than 30 seconds – this brief summary is also known as an ‘elevator pitch’ – during which the product or service is described along with its intended audience and why they should choose this business over its competitors. A clear understanding of the value that the business delivers to its clients and customers is required, and this should also include statements that draw attention to the expertise and experience of those individuals who will be running the business.
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Market Analysis
A business owner cannot merely understand their own business and product, a strong understanding of the market in which their business operates is crucial. This analysis needs to include the present and projected future conditions of the market, as well as an understanding of where the business is expected to operate within its industry. Descriptions of who their customers will be, as well as who they’ll be competing against, are also critical points of information to be included in the business plan.
Sources for this information can be found through:
Local chambers of commerce
Networking contacts
Online resources
Universities
Competitor businesses
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Marketing Strategy
Using the information obtained during the market analysis, a business plan will then describe the strategy that the firm will use to entice potential customers. The foundation of the marketing strategy needs to include the “Four P’s”, which are:
What specific Product or service does the business offer?
How will the business Price its offer?
Where your business will be located (Place)?
What will be done to Promote the business?
All four of these elements are required for an effective marketing strategy; all of these ingredients are important and a balance must be struck between them based on the specifics of each business. Some businesses will thrive with exceptional products or services, while for others location is the ultimate prerequisite for success.
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Financial Analysis
In order for any business to be successful and sustainable, a firm grasp of the cost doing business is required. A business will inevitably fail, regardless of the success of its products or services, if the company cannot maintain profitability in the long term. The business plan needs to include an accurate depiction of the company’s costs and how they will be covered by its revenue. This portion of the plan will outline the costs associated with starting the business, as well as the ongoing monthly fixed and variable costs such as utilities or inventory. Financing options describing how the startup costs could be accounted for will be required, as well as revenue forecasts estimating how much income the business will require in order to achieve breakeven. All of these estimates should be concretely tied to the information described in the Market Analysis and Marketing Strategy.
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Writing Your Business Plan – What’s Included?
Executive Summary
A business plan can be a lengthy document, and an executive summary is a brief summary (no more than two pages) of the entire business plan. This allows for a quick understanding of the most important points of the plan for an executive who might not have the time to examine the entire document.
Overview and Objectives
These are the basic fundamentals of your business, such as: who your customers are, what you’ll provide to them, and who will be providing the product or service to customers. A description of what you will need to run your business is also included.
Products and Services
This section of the business plan describes what exactly your business provides to its customers, as well as how its offerings differ from those of its competition. A detailed explanation of the product or service is required, including how the offering will be provided and priced. A key component of the products and services section is an description of what differentiates the product or service from those of the company’s competitors.
Market Opportunities
In order to for the business to be successful, the business plan must include an evaluation of the market it is entering and the opportunities therein. Significant research is required, including details such as: customer demographics and purchasing habits, rate of adoption of new products, and present & projected market conditions.
Sales and Marketing
Putting it simply, before anyone can become a customer they need to be aware of the product or service. This is more than merely advertising, and will likely include other ingredients such as public relations and promotional materials. Marketing is not an essential part of a business’s success and should be considered an investment in the company.
Competitive Analysis
All businesses operate in a competitive environment alongside other businesses seeking to attract customers from the same market. In order to succeed in this competition a strong understanding of major competitors and potential new entrants to the market is required, in addition to a deep analysis of what gives your company an advantage against them.
Operations
The Operations section of your business plan includes detailed strategies for the nuts and bolts of business operation. Staffing, supply chain management, management, and all other aspects of the day-to-day business operation can be found here.
Management Team
Investors typically place a high value on the pedigree of a business’s management team when analyzing the potential of any new business. Key leaders and what duties they will be responsible for are outlined in this section, and it is important to highlight the industry experience of those leaders.
Financial Analysis
The fate of every business is ultimately decided by a single question: is the business profitable? Financial projections help business owners, as well as lenders and investors, feel confident in the long-term financial stability of the business. This analysis typically includes reports and projections including: balance sheets, income statements, cash flow statements, operating budgets, break-even analysis, and other accounting information that is important for understanding the full picture of a company’s financial health.
Who Is Our Business Plan Writing Service For?
BSBCON is fully equipped to help any business in any industry, regardless of where they are in their business lifecycle. Whether you’re launching a brand-new business and need to plan from the ground up or seeking to reevaluate and rebuild a fresh plan for a business that’s been on your family for generations, BSBCON can help you build a business plan to ensure long-term success! To see examples of what a BSBCON business plan looks like, check out these samples of our work:
Sample Plan:
Bank Loan Business Plan – Wax Bar
Sample Plan:
Operational Business Plan – Development Co.
How Much Does Our Business
Plan Development Cost?
Basic
$1,950
Standard
$2,250
Premium
$2,500
Elite
$4,950
Business Description
Unique Selling Point
Market Analysis
Marketing Strategy
Management Team
Business Sustainability
Capital Requirements
Operational Strategy
Mission Statement
Vision Statement
Landscape Deck
Company Culture
Core Values
Independent Plan Review
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How can we help you?
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