Your Questions About Internet Business Plan

Sharon asks…

Where can i find real business plans on the internet?

I have to write a report about the main functions of a small and medium enterprise in web and Information services industry. The report has to be base on a firm’s business plan.

Jere answers:

Hello,
The huge collection of business plan is at nextiq.com
Hope the tip work.
Matt

Carol asks…

Does anyone have a free copy of ultimate business plan template ?

I am in need of finding a template for a business plan ( kids toy) and am unable to find something to just plug in some info.
I find this site but it costs $97 to download. Wondering if anyone has a copy of it already they can send to me? Thanks, I have searched all over the internet to find some templates but nothing seems to fit my product.

Jere answers:

This is what ur looking for..i was looking for it as well
http://www.filestube.com/aU4zkypXGo3DuMBCkzcbW2/Ultimate-Business-Plan-Template.html

James asks…

How to write a business plan?

How do I write a business plan, for a company like The Walt Disney Company? I don’t know how to write one in the basics like that. Should I have a lawyer help me with that? Because I am writing the business plan because I need to borrow millions of dollars from the bank to start a business.

Jere answers:

According to the book “The ABC’s of Writing Winning Business Plans: How to Prepare a Business Plan That Others Will Want to Read — and Invest In” http://www.amazon.com/exec/obidos/ASIN/0446694150/powerhomebizguid by Garrett Sutton, below are some tips to make a winning business plan that can get funding:

– Money follows management. Investors look first at the people involved in the company. If you are just starting out and don’t have relevant experience, investors expect to see that you have an experienced team of advisors and employees helping you in the business.

– Make sure you “sell” the one reason your business will become profitable.

– State clearly the strategies you will employ to get the word out about your business. Your business plan must show how you will leverage the Internet, public relations, viral marketing, and other strategies to attract customers.

– Present realistic estimates of the time, energy and costs of building a successful business. Do not underestimate or overestimate revenues. While investors know your numbers are simply guesses, they want to see that your numbers are within the “range of reality.” Be careful of your financial statements: this is one area where you can easily lose credibility if presented poorly.

– Benchmark similar companies to show that you’ve done your homework and researched the market.

– Your Executive Summary is your calling card. If it is not a winner, investors may not even read your entire plan. Emphasize your own as well as your team’s track record in the Executive Summary.

– Before sending your business plan to lenders and investors, send it out first to a few in order to get feedback. You’d want to correct your plan if someone tells you that you’re way off mark, rather than have a potential investor tell it to you and lose the chance to get the funding you need.

Here are some resources that can help you write your business plan:

– SBA Business Plan Basics http://www.sba.gov/starting_business/planning/basic.html
– PowerHomeBiz.com Creating a Business Plan section http://www.powerhomebiz.com/startup/businessplan.htm
– Entrepreneur.com Writing a Business Plan section http://www.entrepreneur.com/bizplan/0,7253,,00.html

You may also want to review some sample business plans to see how it actually looks like:

– Bplans.com http://www.bplans.com/sp/businessplans.cfm
– MOOT Corp Business Plan competition winners
http://www.businessplans.org/businessplans.html
– VFinance – View hundreds of real business plans in pdf format. Http://www.vfinance.com/home.asp?bps=1&ToolPage=bps_main.asp

Mandy asks…

I want to start my own internet cafe. What are the steps and process?

I want to start my own internet cafe here in a big city. I want to know the basic checklist of what I need, a business plan and how to write one, and other info I need to know. I have seen some websites that give info about but I wish to get an up to date info.

Jere answers:

Go to http://sba.gov/smallbusinessplanner/plan/writeabusinessplan/index.html or http://www.score.org/template_gallery.html for instructions on how to write a business plan and sample business plans.

Ken asks…

How can i make the perfect business plan?

How can i make the perfect business plan?

Jere answers:

According to the book “The ABC’s of Writing Winning Business Plans: How to Prepare a Business Plan That Others Will Want to Read — and Invest In” http://www.amazon.com/exec/obidos/ASIN/0446694150/powerhomebizguid by Garrett Sutton, below are some tips to make a winning business plan that can get funding:

– Money follows management. Investors look first at the people involved in the company. If you are just starting out and don’t have relevant experience, investors expect to see that you have an experienced team of advisors and employees helping you in the business.

– Make sure you “sell” the one reason your business will become profitable.

– State clearly the strategies you will employ to get the word out about your business. Your business plan must show how you will leverage the Internet, public relations, viral marketing, and other strategies to attract customers.

– Present realistic estimates of the time, energy and costs of building a successful business. Do not underestimate or overestimate revenues. While investors know your numbers are simply guesses, they want to see that your numbers are within the “range of reality.” Be careful of your financial statements: this is one area where you can easily lose credibility if presented poorly.

– Benchmark similar companies to show that you’ve done your homework and researched the market.

– Your Executive Summary is your calling card. If it is not a winner, investors may not even read your entire plan. Emphasize your own as well as your team’s track record in the Executive Summary.

– Before sending your business plan to lenders and investors, send it out first to a few in order to get feedback. You’d want to correct your plan if someone tells you that you’re way off mark, rather than have a potential investor tell it to you and lose the chance to get the funding you need.

Here are some resources that can help you write your business plan:

– SBA Business Plan Basics http://www.sba.gov/starting_business/planning/basic.html
– PowerHomeBiz.com Creating a Business Plan section http://www.powerhomebiz.com/startup/businessplan.htm
– Entrepreneur.com Writing a Business Plan section http://www.entrepreneur.com/bizplan/0,7253,,00.html

You may also want to review some sample business plans to see how it actually looks like:

– Bplans.com http://www.bplans.com/sp/businessplans.cfm
– MOOT Corp Business Plan competition winners
http://www.businessplans.org/businessplans.html
– VFinance – View hundreds of real business plans in pdf format. Http://www.vfinance.com/home.asp?bps=1&ToolPage=bps_main.asp
– Business Owners Toolkit Sample business plans and information on how to create a plan. Http://www.toolkit.cch.com/tools/buspln_m.asp
– PlanWare Planning software and information. Http://www.planware.org/
– Virtual Business Plan Walk through the design of a business plan. Http://www.bizplanit.com/vplan.html
-SBA Business Planning Guide http://www.sba.gov/starting_business/planning/basic.html
– Small Business Advancement Center http://www.sbaer.uca.edu/business_plan/businessPlan.pdf
– Sample Business Plan General planning guide created by the Canadian Business Service Center. Http://www.cbsc.org/servlet/ContentServer?pagename=CBSC_FE/display&c=GuideFactSheet&cid
– Business Plans Index – A subject guide to sample business plans and profiles for specific business types from Carnegie Library of Pittsburgh. Http://216.183.184.20/subject/business/bplansindex.html

Some recommended books are :

– Business Plans Kit for Dummies
– The Complete Book of Business Plans : Simple Steps to Writing a Powerful Business Plan
– Writing Business Plans That Get Results : A Step-By-Step Guide
– Business Plans For Dummies®
– Your First Business Plan : A Simple Question and Answer Format Designed to Help You Write Your Own Plan

Hope that the above resources help

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