Comprehensive Business Plan Guide
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MOOT CORP Competition
The Super Bowl of Business Plan Competition. Business Week
The MOOT CORP Competition simulates entrepreneurs asking investors for funding. MBAs from the best business schools in the world present their business plans to panels of investors. The investors then choose the best new venture. All participants benefit from the opportunity to:
For more information, see:
The following business plans were presented at MOOT CORP Competition. Read the details of any of these plans or select from the list below the best example of each specific topic.
2MBA, Inc. World Champion Manufacturing and Marketing Beverage Appliances, Inc. (2MBA) develops innovative beverage equipment for corporate owners of major food brands. SanaSana.com Best Written Plan SanaSana is a B2B2C internet service for consumers of health care and the payers, providers and suppliers of health services in the Hispanic community. Fabrica Co., Ltd. Former World Champion Fabrica is a provider of woven fabric samples from the KS Loom, which gives buyers the chance to see the actual colors and feel the precise texture of what they desire in less than one-tenth the time usually required for making samples with a production-weaving machine. Vusion, Inc. First Runner-Up Vusion is developing a chemical analyzer and Sensor Cartridge, based upon the Electronic Tongue TM technology, which can instantly analyze complex chemical solutions. JetFan Technology Ltd. Second Runner-Up JetFan was established to develop and manufacture commercial applications for an innovative fan-blade technology. Market applications include those in compact electronic equipment cooling; heating ventilation and cooling; and domestic appliances. Internet Services: AdGrove.com AdGrove serves as a sales channel for radio ads. Stations can list ad space and broker sales. Buyers can search for available ad space, plan ad campaigns, buy with discounts, and monitor services. ePower Systems ePower uses the Internet to provide utility companies with electronic billing and bill payment. The utility achieves significant cost savings by replacing paper bills, faster payment cycles and an interactive marketing connection to their customers. AudioRush.com AudioRush.com offers online purchase and download of music files to be written to CD for play on a conventional player. Mindshaker Mindshaker provides a single, online source of proven books, articles by academic and industry experts, cases and value added learning aids for more than 2.8 million graduate students and the faculty that instruct them. ProTrax, Inc. ProTrax offers customized advertising services on the Internet for organizations seeking highly specialized employees. Boomerang Pharmaceutical Communications Boomerang provides educational programs on the Internet to medical and therapeutic practitioners Services: Momentex Momentex markets beverages, snacks and entertainment items to drivers at toll booths. VeriType VeriType is a medical software company that allows medical service providers to ensure compliance with government regulations and avoid fines and minimize errors. Time Merchants Time Merchants references consumers to qualified service providers and provides home delivery of goods and services. Eurosky Eurosky offers shared, fractional ownership of aircraft. The Business Plan is capital intensive and is based upon the founders’ specialized knowledge of the industry. Green Design Group Green provides apparel design, import and marketing of active sportwear. It generates revenue through consulting, royalties and imports. Airex Airex offers contract disposal and management of industrial residues based upon the specialized engineering expertise of the founders. Nepkar Detailed, technical business plan in the field of drug screening for pharmaceutical companies using yeast genetic engineering in the discovery of new drugs. Walking Peru Walking Peru is a recreational tourism company that offers opportunities to visit choice tourist attractions through passive recreational sports. Products:
These business plans are presented here to benefit and promote the MOOT CORP Competition. The information and ideas contained in these business plans are the proprietary, sole and exclusive property of the companies’ founders.
Imagine handing a letter to your boss that reads, “Dear Boss, I’m writing to let you know that your services are no longer required. Thanks for everything, but I’ll be doing things my own way now.”
Imagine that today is your final day of working for anyone other than yourself. What if—very soon, not in some distant, undefined future—you prepare for work by firing up a laptop in your home office, walking into a storefront you’ve opened, phoning a client who trusts you for helpful advice, or otherwise doing what you want instead of what someone tells you to do?
All over the world, and in many different ways, thousands of people are doing exactly that. They are rewriting the rules of work, becoming their own bosses, and creating a new future.
In The $100 Startup, Chris Guillebeau shows you how to lead a life of adventure, meaning and purpose — and earn a good living.
Still in his early thirties, Chris is on the verge of completing a tour of every country on earth — he s already visited more than 175 nations — and yet he s never held a real job or earned a regular paycheck. Rather, he has a special genius for turning ideas into income, and he uses what he earns both to support his life of adventure and to give back.
There are many others like Chris — those who ve found ways to opt out of traditional employment and create the time and income to pursue what they find meaningful. Sometimes, achieving that perfect blend of passion and income doesn t depend on shelving what you currently do. You can start small with your venture, committing little time or money, and wait to take the real plunge when you re sure it s successful.
In preparing to write this book, Chris identified 1,500 individuals who have built businesses earning $50,000 or more from a modest investment (in many cases, $100 or less), and from that group he s chosen to focus on the 50 most intriguing case studies. In nearly all cases, people with no special skills discovered aspects of their personal passions that could be monetized, and were able to restructure their lives in ways that gave them greater freedom and fulfillment.
Here, finally, distilled into one easy-to-use guide, are the most valuable lessons from those who ve learned how to turn what they do into a gateway to self-fulfillment. It s all about finding the intersection between your expertise — even if you don t consider it such — and what other people will pay for.
You don t need an MBA, a business plan or even employees. All you need is a product or service that springs from what you love to do anyway, people willing to pay, and a way to get paid
Not content to talk in generalities, Chris tells you exactly how many dollars his group of unexpected entrepreneurs required to get their projects up and running; what these individuals did in the first weeks and months to generate significant cash; some of the key mistakes they made along the way, and the crucial insights that made the business stick. Among Chris s key principles: if you re good at one thing, you re probably good at something else; never teach a man to fish — sell him the fish instead; and in the battle between planning and action, action wins.
In ancient times, people who were dissatisfied with their lives dreamed of finding magic lamps, buried treasure, or streets paved with gold. Today, we know that it s up to us to change our lives. And the best part is, if we change our own life, we can help others change theirs. This remarkable book will start you on your way.
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Our partner site, UnconventionalGuides.com, offers additional paid resources.
If you re looking to set up your first (or your tenth!) website, InMotion is easy and cheap. They ve agreed to offer a 50% off discount for all $100 Startup readers.
Starting in New York City and going to the ends of the earth, we ll be hitting all 7 continents with the message of The $100 Startup.
Chris is currently on tour hiatus while preparing for the World Domination Summit and completing a new book. More tour dates will be coming later this year!
If you represent a group, organization, or bookstore, you can also suggest a future tour stop.
You can see dates of previous stops on the list at the right or the map at the bottom.
Thinking of writing a business plan? This article explains how to outline a business plan, listing the sections in the order in which they will appear in your completed plan with a brief explanation of each section to help you get organized and guide you through the process.
In each case, following the section title link will take you to an article that details how to write that particular section of the plan, while in some cases, there are also linked examples that you can use as models to write that section.
If you work through each section of this outline, in the end, you ll have a complete, well thought out business plan, the kind of business plan that you ll be able to use to get a bank loan or persuade potential investors that your new business is the place to put their money.
While appearing first, this section is written last. It summarizes the key elements of the entire business plan and is the first thing anyone looking at your business plan reads so it s critical that your executive summary is outstanding. (Reading this Executive Summary Example will give you a sense of how to put yours together.)
An overview of the industry sector that your business will be a part of, including industry trends, major players in the industry, and estimated industry sales. This section will also include a summary of your business s place within the industry. (Here s a Business Plan Example of the Industry Section to serve as a model.)
An examination of the primary target market for your product or service, including geographic location, demographics, your target market s needs and how these needs are being met currently. Your purpose here is to show the reader of your business plan that you have a thorough knowledge of the people you are planning to sell your goods and/or services to – so thorough that you can make educated predictions about how much of your goods and/or services they might buy.
An investigation of your direct and indirect competitors, with an assessment of their competitive advantage and an analysis of how you will overcome any entry barriers to your chosen market. In this section of the business plan, you need to distinguish your business from the competition, persuading the reader(s) of your plan that your business will be able to compete successfully.
A detailed explanation of your sales strategy, pricing plan, proposed advertising and promotion activities, and product or service s benefits. This is where you present the reader with your new business s Unique Selling Proposition, describe how you re going to get your goods and/or services to market and how you re going to persuade people to buy them.
An outline of your business s legal structure and management resources, including your internal management team, external management resources, and human resources needs. If the goal of your business plan is to get funding, it s wise to make sure that your management plan includes an advisory board as a management resource.
A description of your business s physical location, facilities and equipment, kinds of employees needed, inventory requirements and suppliers, and any other applicable operating details, such as a description of the manufacturing process.
A description of your funding requirements, your detailed financial statements, and a financial statement analysis. This part of the business plan is where you will present the three main financial documents of any business, the balance sheet, the income statement and the cash flow statement. (In the case of a new business, this last document will be a cash flow projection.) The instructions on writing the Financial Plan section will show you how to prepare all of these documents.
In addition to the sections outlined above, at the end of your business plan, you will also want to include any additional information that will help establish the credibility of your business idea, such as marketing studies, photographs of your product, and/or contracts or other legal agreements pertinent to your business.
If you have a business idea or you are a serial entrepreneur with new endeavor in mind then a business plan is a document that you should not forget to prepare. But in order to speed up the venture design process here we have a business plan template that you can download for free and use.
The good thing about this business plan is it only contains one page business plan template, which is convenient to focus in an idea in a single page and be concise enough answering the core concepts of your venture. This is the kind of documents that VCs and Angel Investors look for to evaluate new business ideas.
Chris Guillebeau from The $100 Startup published a free One Page Business Plan in PDF document that you can download for free to get your business started sooner than later.
The main concept in this one page business plan template is that you should be able to answer in 1 line or 2 (as much) about what you are selling, what will be your customers and how much you will charge them for your product.
Alternatively, there are other business plan templates and approaches that you can follow to detail your business idea in a document. In particular, the canvas business plan idea can be useful for entrepreneurs. Lean Canvas is a free tool that helps you to create your business plan in one page canvas for your Lean Startup.
Entrepreneurs who need to create business models for projects can take advantage of free tools to describe the business model in a single page. For
Sales Strategy Template is a free Word template that you can use to prepare a business presentation or sales strategy proposal. This free business document
Marketing Budget Plan Templates for Excel can be really helpful to to plan marketing budget. You can use this template to fill the planned amounts in
This article will help you creating a Business Intelligence PowerPoint template that we can use as a PowerPoint sample. This template can be reused later
Simple NDA template for Microsoft Word is a free Non Disclosure document template that you can use. This simple NDA template for Word can be
Free One Page Business Plan Template is categorized under Categories: PowerPoint Presentations and use the following tags:
No matter your business idea, whether it’s selling jewelry, landscaping or grooming animals, a business plan is a good way to demonstrate the idea’s potential for success. A basic business plan will help guide you in thinking through the feasibility of an idea, and it is tailored to reflect your purpose for writing the plan and tailored to the audience who will be reading the plan. If you are looking to start a business, or expand an existing business, you can begin with a basic business plan that will start to sharpen your focus and get you off and running.
Determining Your Goals Edit
What do some business advisors recommend small businesses complete before writing up a full business plan?
Writing a Business Plan Edit
The first step in planning your business venture, clarifying your ideas, aims and objectives is to write a business plan.
Your plan is an essential document to ensure your ideas are feasible and is critical for bank New suppliers and larger customers may require this document and it’s also useful to track progress against your original targets.
We have three templates you can use to do your business plan kindly offered by SCORE and Bank of Scotland. There are two for preparing the narrative of your plan (One for a startup business and the other for an existing business) and a cash flow template.
These free business plan templates can help you quickly write a business plan. You can download the templates to your computer as they are Adobe PDF files. You can simply click each of the template links below to open now, or right click your mouse to save for later use.
A basic business plan outlines the answers to questions about your intentions such as:
Here’s the basic structure in summary from the downloads above:
It’s best to write this last after you’ve prepared the rest of your plan because this is simply a summary of the whole plan. It should ideally be one page, but two pages are equally acceptable.
This area covers your mission statement, company goals and objectives, business philosophy, the industry you’re in and legal ownership and key employees.
Describe your key products and services, pricing and margins.
Detail your marketing activities including market research, market trends and size, external market economics, barriers to entry. As your market is made up of customers describe their characteristics.
You also need detailed information about your competitors and why you’ll be able to take market share from them. And finally you need information about your promotional activities to reach out and entice your potential customers to purchase your products and services.
This part describes how you’re going to produce your products and any distribution issues to get products to your customers and your key suppliers.
People are behind all successful businesses, so it’s important to include the key people and advisors.
If you’re starting a new business then you should detail the costs you’ll incur while starting up before the day to day operations commence. For most businesses, this is the amount they’ll need initial funding for to begin trading.
Writing a business plan can be a daunting task, but we’ve got some resources to help you make it as fast and easy as possible to get the financing you need to make your business a success.
The fastest and easiest way to write a successful business plan is to write your plan using the best business plan software. For a small price you can buy step-by-step software that walks you through the whole process and provides instructions and examples to get the job done.
Don’t know how to start a business plan? Viewing some sample business plans can be a good technique for seeing how it can be done and sparking ideas on what you need to do for your plan. It’s a lot more work than using business plan software, but it’s definitely more helpful than trying to write your own plan from scratch.
Check out the latest book by business planning expert Tim Berry, The Plan-As-You-Go Business Plan from Entrepreneur Press. Also, Tim Berry’s classic guide Hurdle: The Book on Business Planning is available to read for free online.
The collection of startup resources at Bplans.com can help you to start a business. The site contains step-by-step instructions, a business planning glossary, articles on planning, links to other helpful sites on the web, and other features.
This business plan template follows the format preferred by the SBA and lenders. Use it as a model to write your own business plan.
Whether you are an entrepreneur starting a business, looking for business plan help, a small business looking to grow, or an established company in search of fresh business ideas, you can find the practical advice and timely tips you need in Bplans.com collection of business articles.
Busines Plan Pro UK is available from our UK office and is localised for the UK and European markets. You can set your VAT rate, edit your currency and avail of the different language packs. Be sure to check out our business plan software uk if you are starting an international business plan.
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