blue orchid basic business plan
TRANSCRIPT
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Name ofBusinessContact Name Aime Frederic SAIDIAddress 7 Derwent terrace,
StalybridgeCesire
Postcode S!1" 1#P
$ele%oneNumber&obile Number '7('("7)*"+#mail
ebsite
Faceboo-
$witter
.in-edin
Com%any Name
Business PlanClient name
Insert a Logo or Picture
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Date/
1. Business Description
a0 Please %roide a concise descri%tion of your Business Idea identifying clearly
te %roduct or serice you %lan to su%%ly and wy you ae decided to launctis new business into te mar-et2
2. About Me
at e3%erience do you ae of doing someting similar or is it based on an
interest or a obby4 If aailable, attac your C5 and co%ies of any relevant
6ualication certicates you old2
3. Operational Structure
.egal Structure set u%/
$rading business name/
8egistered Business
Premises/
If Ltd: accountants oce
or home.
Sole trader address used
on CWF1
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4. Market Research
Please describe your understanding of your target mar-et2 9ow ae you
researced it :%rimary and secondary researc0 and wat results ; conclusions
did you come to4 :feel free to attac any su%%orting documentation02 at
does your target audience loo- li-e4 #3%lain wy customers will buy from yourater tan your com%etition2 Is your business seasonal4 If so, ow will you
o%erate in tese monts4
MAIN OM!"#I#ORS
o are your com%etitors :wat researc ae you done on tis40
#AR$"# %S#OM"RS
List your target customer groups
%NI&%" S"''IN$ !OIN#
at is your dini6ue Selling Point4
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%RR"N# B%SIN"SS O!!OR#%NI#"S
9ae you already got customers;contracts lined u% for wen you commencetrading, wo are tey, wat is te alue of business tey are giing you4Are you in negotiations wit %otential customers;clients4Are you test trading and if so wat is te alue of current sales4
S"ASONA'I#(
Are tere times in te year wen your business sales are li-ely to increase4 Aretere oter times wen business is li-ely to decrease4 Describe te %ea-s and
trougs ere and te reasoning beind it4
). S*O# Anal+sis
Issue How to be addressed / used
Strengths
Weaknesses
Threats
Opportunities
,. Marketin- A/vertisin- an/ !ro0otion
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at are your -ey routes to mar-et4 9ow will you attract customers to our
business, and wat cost will tis incur4 Identify wen you will s%end and a
realistic montly cost for eac a%%licable item2
$9?D #2@&1 & & &( &" &* &7 &) &+ &1'
&11
&1
$?$A.C?S$
Shop Signage
Vehicle Signage
A Board
Online advertisingPreloved/Gumtree/RatedPeople/ba! ts! etc"
Online #etwor$ing
Blogging
%aceboo$ %an Page
&witter
'in$ed In
Posters
(ompetitions)
'ocal Radio &rade shows/*hibitions
&homson 'ocal + Online
,ellow Pages) Press articles andadvertorials) (lassi-iedadvertisements)
(harit! events)
#etwor$ing)
&elemar$eting)
Sales letters)
%l!ers and brochures)
.mail)
Postcards)
Sales agents)
Press releases)
Gi-t vouchers)
ord o- mouth)
,ou &ube
Business cards)
(atalogues)
indow displa!s)
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#ewspapers
. !ricin-
9ae you considered wat you will carge for your %roduct or serice4 9ae youcec-ed wat your com%etitors are doing in te mar-et4 at are you wort and
wat do you want to earn from your actiities4 8emember tat to com%ete on
%rice and being cea%er tan com%etitors is not a reci%e for long term success =
be C?&P#$I$I5# not cea% Focus on >A.I$E and S#85IC#2
Description o !ro/uct or
Service
ostin- break
/on
i.e. unit rate, day
rate, job rate,
hour rate etc
o have +ou co0e to
this pricin- structure
5. Sales !ro6ections
9ae you considered wat leel of sales you migt aciee in your rst year of
trading and wat gross sales income tese migt generate4 8emember your
sales will %robably start low and build as you raise awareness amongst your
customers2 $a-e seasonal factors into account tat migt im%act on your sales2
&ont >nit Sales >nit Price $otal Sales 5alue
1
(
"
*
7
)
+
1'
11
1
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$otal
"7plain ho +ou have co0e to +our Sales !ro6ection/
8. Start up osts
>sing te table below, list all items of e6ui%ment, macinery eicles etc2 wic
you will need to o%erate your business, %lus your assessment of te alue of
eac item2 #nter te assessed alues in te G?wnedH column if you already ae
te item but in te G8e6uiredH column if you still ae to %urcase te item2
S#AR# %! OS#S
DescriptionOwned
Required
Stoc$/0aterials
1uipment
0achiner!
&ools
I(&2 (omputer2 Hardware + So-tware
&elephone + Broadband
Business Stationer! 'etterheads2 Invoices2
Brochures2 'ea-lets
Artwor$
Signage
Insurance
3ni-orms
'egal %ees
&raining
or$ing (apital
Propert! Purchase
Securit! 4eposit
Rent in Advance
Planning Permission
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Premises Re-urbishment
%i*tures and %ittings
'egal (osts 5 'ease Agreement
TOTAL VALUE
19. Sources o :inance to cover Start up osts
$e total in te G8e6uiredH column sows te total funds re6uired to nance te
start u% of your business2 In te table below sow clearly from were you %lan to
access te re6uired funds2
Source A0ount ;
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11. Business osts an/ Overhea/s
Please list below te estimated costs of running your business and %roide a
brief e3%lanation as to ow you ae arried at tese gures2
R%NNIN$ OS#S
Monthl+ Annual
Stoc-;Consumables
Drawings
ages
SubContractors
8ent
Business 8ates
.igt
9eat
Power
>tility Cost for use of 9ome ?Jce
$ele%one
Broadband
Stationery;Post
Insurance
Adertising
8e%airs;8enewals
&otor K $rael #3%enses
Business #3%enses
or- wear
Accountancy;.egal;Prof
$raining
Ban- Carges
Contingency;Brea-D
Ca%ital Items
$?$A. 5A.>#
12. !ersonal Survival Bu/-et
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N.B. base/ on +our business proposal have +ou ha/ a Better O>
alculation /one? ( @ N
!"RSONA' S%RIA' B%D$"# INOM"
INC? S#.F :Do not include %redicted income from business0INC? PA8$N#8
?$9#8 8#@>.A8 INC?
&AIN$#NANC#
?8!IN@ $AL C8#DI$S
C9I.D $AL C8#DI$S
C9I.D B#N#FI$
9?>SIN@ B#N#FI$
C?>NCI. $AL B#N#FI$
!"RSONA' S%RIA' B%D$"#"!"NDI#%R"
&?8$@A@#;8#N$
.?AN 8#PAEN$S
C?>NCI. $AL
@AS
#.#C$8IC
A$#8
@8?>ND 8#N$
$5 .IC#NS#
9?>S# INS>8ANC#
.IF# INS>8ANC#
CA8 INS>8ANC#;&?$; $8A5#..IN@ #LP#NS#S :F>#.;FA8#S0
$#.#P9?N#;$5;B8?ADBAND
&?BI.#
C8#DI$ CA8D PAEN$S
C9I.DCA8#;C9I.D8#NS AC$I5I$I#S;P?C!#$ &?N#E
S?CIA.;8#.ALA$I?N C.?$9IN@
A.S F?8 ?8!;SC9??. DINN#8S
9?>S#!##PIN@ :F??D;$?I.#$8I#S;C.#ANIN@ P8?D>C$S0
IND? C.#ANIN@;@A8D#NIN@ #$C
INOM"
"!"NDI#%R"
BA'AN"
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13. *A# t+pe o Cnancial recor/ keepin- are +ou
inten/in- to use
13. 'e-al Re-ulator+ ReEuire0ents
.isted beloware stan/ar/ ite0s hich ever+ business shoul/ consi/er.
:or +our on business it is vital that +ou clearl+ investi-ate an/i/enti+ other reEuire0ents speciCc to +our business. A// these to the
list belo.
'e-al ReEuire0ents F *hat steps have +ou takento ensure that the business is le-all+ co0pliantan/ its activities are protecte/?
(es No N@A
Sole $rader or Partnersi% ae you registered wit9&8C49ae you arranged suitable serices to manage boo--ee%ing for your business4.imited Com%any = ae you registered witCom%anies 9ouse4
9ae you obtained Public .iability insurance4
9ae you obtained oter necessary insurances4
9as your lease agreement been cec-ed by a solicitor4
9ae you obtained te necessary local autoritya%%roals4
9ae you obtained te necessary licences4
9ae you inestigated Co%yrigt %rotection4
9ae you %roduced a 9ealt K Safety %olicy4
9ae you %roduced an #nironmental %olicy4
14. ash :lo :orecast Attache/
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