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How To Create A Plan

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16 views5 pages

How To Create A Plan

Uploaded by

VAIBHAV PATIL
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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1.

Executive Summary:

 Start with a concise summary of your business idea.


 Include a brief description of your business, its mission, and your
vision.
 Highlight your unique selling proposition (USP).
 Mention the funding amount you're seeking (if applicable).

2. Business Description:

 Provide detailed information about your business concept.


 Explain the problem your business solves and why it's needed.
 Describe your target market and its size.
 Explain the competitive landscape.

3. Market Research:

 Conduct thorough market research to support your business idea.


 Include data on industry trends, market size, and growth potential.
 Identify your target audience and their needs.
 Analyze your competitors and their strengths and weaknesses.

4. Product or Service Offering:

 Describe your product or service in detail.


 Explain how it addresses the identified market needs.
 Highlight any unique features or advantages.
 Discuss your product development timeline.

5. Marketing and Sales Strategy:

 Outline your marketing plan to reach your target audience.


 Define your pricing strategy.
 Detail your sales strategy, including distribution channels.
 Consider customer acquisition and retention strategies.

6. Management and Team:

 Introduce the key members of your team.


 Highlight their relevant experience and roles.
 Describe the skills and expertise each team member brings to the
business.

7. Operations Plan:
 Explain how your business will operate on a day-to-day basis.
 Discuss location, facilities, and equipment (if applicable).
 Describe your supply chain and production process.
 Mention any regulatory or compliance considerations.

8. Financial Projections:

 Create detailed financial projections for the next 3-5 years.


 Include income statements, cash flow statements, and balance
sheets.
 Provide assumptions behind your financial forecasts.
 Calculate break-even points and return on investment (ROI).

9. Funding Requirements:

 If you're seeking external funding, specify the amount and how


you'll use it.
 Describe your funding sources, such as loans, investors, or grants.
 Include a repayment plan (if applicable).

10. Appendix:

 Include any additional information that supports your business plan.


 This may include market research data, resumes of key team
members, legal documents, or product/service prototypes.

11. Editing and Review:

 Proofread and edit your business plan for clarity and accuracy.
 Consider seeking feedback from mentors, advisors, or potential
investors.

12. Executive Summary (Revisited):

 After completing the plan, revisit the executive summary to ensure


it accurately reflects the contents of your business plan.

Remember that a business plan is a dynamic document that can change


as your business evolves. Regularly update it to reflect your company's
progress and changing goals. A well-prepared business plan not only
serves as a valuable tool for your startup but also helps you communicate
your vision to potential investors, partners, and stakeholders.

1. Executive Summary:
 Start with a concise summary of your business idea.
Business idea:
A digital platform onboards all the Sellers (traders/ distributors/
MSMEs/dealers) in various industry domain and connects with freelancing
sales representative of that particular domain, so that they can increase
the sales of former parties and can earn commission on that sale.
a. Sellers have to pay minimal subscription fees of the platform
to list their products.
b. Sales representatives can join with no fees but with a limit on
commission, & can get themselves to premium membership
with a fee (because they get access to more exclusive offers
and earn more commission.)

 Include a brief description of your business, its mission, and your


vision.

Business would be based on the concept of traditional door to door sale


where a sales representative sells a product and earn commission on the
same.

Here, we try to give them access for more products and their exclusive
offerings so that they can sell more products to end customers (mostly
retailers) so that they get chance to sell more and earn more.
Here, end customer is getting exclusive offers with good discounts, so
chances are he will close the deal most of the time.
Also, Seller who wants to increase his sales, most likely will offer some
discounts and commission to sales agents so that the deal can be closed
ASAP.

Mission: Building India’s largest sales & marketing company by connecting


sales representative and sellers in next 5 years.
Vision:

 Highlight your unique selling proposition (USP).

Largest network of sales agents/ representative which can significantly


improve the sales of sellers in any corner of the country.

 Mention the funding amount you're seeking (if applicable).

We need to develop a digital platform to run the business which may need
talent acquisition and tech instruments to enable them to work upon.

Fund amount INR 1.5 Cr.

2. Business Description:

 Provide detailed information about your business concept.


Connecting sellers to sales representative.

There are many sellers out there looks for opportunities to improve their
sales and also willing to pay some amount for the same.

On the other hand, in Indian market, there are many sales professionals
works on field, convinces end customers or retailers to sell their product,
they are doing this on salary basis or as free lancers hoping to earn some
more commission or incentives for their hard work.

If a seller gets confidence that his product can be sold by 100


professionals in multiple areas in the same day instead sold by at most 10
people in the limited market area, he will easily subscribe for the platform
to get access of these 100 professionals.
If the sales agent is getting 100 products with exclusive offers to sell with
having a chance to earn some commission, he will definitely try to sell
these products to his existing customer networks.

 Explain the problem your business solves and why it's needed.

Problem 1:
Small manufacturers/ brands, distributors/ dealers who are struggling to
sell their products through retailers takes the help of sales representatives
by paying them salaries or incentives, still they can afford 4 – 5 sales
people for this task who can cover a limited area for their product.
This problem limits their sales which becomes the most basic but crucial
issue to survive in the market.

Solution:
Our platform has hundreds of domain specific verified sales persons with
their expertise, product knowledge and existing customer networks (also
with hunger of extra income through commission) who can sell the
products before the time.
Sellers can accomplish sales targets before the timelines ultimately
improving the turnover.

Problem 2:
In India, intermediate level sales professionals who have immense
knowledge of products & features with the ability to convince the
customers and have their customer relations independent of any
organisation. Everyone looks for opportunity to earn extra-income with no
time & minimal efforts.
Also, they often underpaid compared to their field work & hard work.
Some ambitious professional won’t get easy opportunities to earn extra
income as the limited access to products & sellers.
Solution:
Our platform will have hundreds of products with exclusive offers from
hundreds of sellers with the predefined commission cut for every deal to
be closed by the sales professional.
The access for the platform is free up to certain level of commission
earnings, so sales professionals get chance to earn extra income, and
they have to do this while they are on their field, considering it as a part
time job.

 Describe your target market and its size.

This is primarily a B2B business.


Connecting a bulk seller to a retailer or small shop owner through sales
representative.

 Explain the competitive landscape.

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