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TECHNOPRENEURSHIPUGE 2002PREPARATION OF BUSINESS PLANM05LB,MO6LB,M07LB,M08LBLECTURERMOHAMAD NAZRI BIN MUSIR7-#BEFORE WE BEGINAssignment 21 August KPUTest Pertama 24 hb Ogos Lecture 1 to 5Test Kedua 13hb October Lecture 6 to 9Group assignment case study 9 september.Group Project Presentation 12hb. OctoberSubmission 19hb. October 7-#BUSINESS PLANA business plan is a written document that serves as a blueprint and guide for a proposed business project that one intends to undertake.The information gathered regarding the project is used in the Business Plan to predict viability, forecast success and propose strategies for the project.7-#Planning The Business OperationBusiness Plan- Document Describes Internal/External Elements/Strategies For New VenturePlan (Road Map)Short-TermLong-TermAuthor = EntrepreneurInternet - Resource

7-#Business Plan AudiencesEmployeesInvestors/Venture CapitalistsLenders/SuppliersCustomersAdvisors/Consultants

7-#Plan PresentationInformation NeedsMarketOperationsLocationManufacturing OperationsRaw MaterialsEquipmentLabor SkillsSpaceOverheadFinancial Information

7-#

Gathering Market Information General Environment & Demographic Trends National Industry Trends Local Environmental/Demographic Trends Local Industry Trends Competition- Strengths/WeaknessesMarket Positioning Market ObjectivesGeneralSpecific7-#

Plan OutlineIntroductory PageExecutive SummaryIndustry AnalysisDescription of VentureProduction Plan

Operational PlanMarketing PlanOrganizational PlanAssessment of RiskFinancial PlanAppendix

7-#Environmental/Industry AnalysisEnvironmental- External & Uncontrollable VariablesEconomyCultureIndustryIndustry DemandCompetition

7-#Description of VentureMissionProduct/ServiceLocation/SizePersonnelOffice EquipmentEntrepreneurs BackgroundHistory of Venture

7-#Developing Entrepreneurial StrategyMission StatementObjectivesStrategic PlanBusiness Plan

7-#ObjectivesQuantifiable

Obtainable

Flexible

7-#Production PlanHow Product Manufactured- Complete Process vs. SubcontractingPhysical Plant LayoutMachinery/Equipment NeededRaw Materials/SuppliersManufacturing CostsFuture Capital Needs

7-#Operations PlanMarketingMarket ConditionsStrategy- Distribution, Pricing, PromotionOrganizationOwnership StructureLines of Authority/ResponsibilityAssessment of RiskPotential HazardsAlternative StrategiesFinancial PlanEconomic FeasibilityFinancial Commitment

7-#Implementation Of PlanMeasuring Progress- ControlsInventoryProductionQualitySalesDisbursementsUpdating

7-#Reasons For Plan FailureUnreasonable GoalsGoals Not MeasurableNo Total CommitmentLack Of ExperienceNo Understanding Of Threats Or WeaknessesCustomer Need Not Established

7-#SEE YOU IN THE NEXT CLASSTHANK YOU7-#