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Community Flagship of:
By:
Mohamad Fadhilullah Tudun Bin Haji Hassan
@Bobby
1LiveWIRE Brunei (c) 2012
Community Flagship of:
 Why write a business plan
 Importance of a Business Plan
 Process of Writing a Business plan
 Finding a Business Idea
 Contents of a Business Plan
 Tips & Tricks
2LiveWIRE Brunei (c) 2012
Community Flagship of:
 Own use to start a business
 Bank Loan
 Investors
 Grant Application
 Incubation
 Starting a cooperative
 Managing and Running a Business
 School Assignment or Project
3LiveWIRE Brunei (c) 2012
Community Flagship of:
 “If you fail to plan, you plan to fail”
 Gives a very good idea how the business runs
from management, operations to financial
 Research and Planning will reduce failures
and prepares for contingencies.
 To explain to others (banks, investors,
partners, employees) of how you expect the
business to work
4LiveWIRE Brunei (c) 2012
Community Flagship of:
Idea
Research &
Plan
Do
5LiveWIRE Brunei (c) 2012
Community Flagship of:
Passion
Make
Money
Skill &
Knowledge
6LiveWIRE Brunei (c) 2012
Community Flagship of:
Self-
Actualization
Self-Esteem
Social Needs
Security and Safety Needs
Physiological Needs
7LiveWIRE Brunei (c) 2012
Community Flagship of:
8LiveWIRE Brunei (c) 2012
Community Flagship of:
 Executive Summary
 Business Profile
 Products and Service
 Market Research
 Market Strategy
 Operations
 Human Resource Management
 Financial Strategy
 Exit Strategy
 Appendices
9LiveWIRE Brunei (c) 2012
Community Flagship of:
 Often Written Last, Shown First.
 Make it interesting for the reader.
 Make the reader want to read more.
 Make it simple point form for every section,
or a simple abstract summary.
 1 page Maximum.
 E.g. 30 second Movie Preview
LiveWIRE Brunei (c) 2012 10
Community Flagship of:
 Introduce the business
 Legal Structure of Business
◦ Sole Proprietor, Partnership, Sendirian Berhad,
Koperasi
 Nature of business
◦ Food, Service, Manufacturing, IT,
 Mission and Objectives
 Startup Cost
 Milestones/Achievements
LiveWIRE Brunei (c) 2012 11
Community Flagship of:
 What is it?
 Who are you going to sell it to?
 What problem is it solving?
 How much will it cost them?
 What makes it unique?
 Intellectual Property Involved?
 Sales Forecast
LiveWIRE Brunei (c) 2012 12
Community Flagship of:
 Customers – Who are you going to sell to?
 Competitors – Who are your competition?
 What are the Competitive Forces that affects
you? (Supplier, Buyer, existing competitors,
New entrants, substitute products)
 Political, Economic, Social, Technological
(PEST) – Factors for Success
 SWOT Analysis (Strengths, Weaknesses,
Opportunities, Threats) -
LiveWIRE Brunei (c) 2012 13
Community Flagship of:
 How are you going to tell your customers that
you are there?
 4 P’s
◦ Product
◦ Price
◦ Place and Distribution
◦ Promotion
LiveWIRE Brunei (c) 2012 14
Community Flagship of:
Print
•Business Cards
•Leaflets & Posters
•Letters and Mail
•Merchandise
Mass
Media
•Billboards
•Newspaper
•TV
•Radio
Electronic
•E-mail
•Social networks
•Websites
•Media sharing
networks
Personal
•Word of mouth
•Referrals
•Direct Selling
•Exhibition
15
Community Flagship of:
 Who are involved?
 Organization Chart
 Personnel Roles and
Responsibilities
 Personnel
Qualifications
 Key
Roles/Management
 Payroll Cost
LiveWIRE Brunei (c) 2012 16
Manager
Worker 1 Worker 2
Assistant
Worker 3
Admin
Community Flagship of:
 How is the business going to run?
 How is the business making money?
 Location and Working hours
 Product Life Cycle - e.g. Agricultural vs
Retail
 Production Process
 Customer Service Process
 Technology/equipment Involved
 Sales Forecast in relation to Operations or
Season (can also be in product section)
LiveWIRE Brunei (c) 2012 17
Input Process Output
Community Flagship of:
 Start up costs
 Sales Forecast
 Personnel/Payroll
Cost
 Profit and Loss
 Cash flow Forecast
 Balance Sheet
 Break-even
analysis
0
10
20
30
40
50
60
70
80
90
1st Qtr 2nd
Qtr
3rd Qtr4th Qtr
nett income
Expenses
nett
LiveWIRE Brunei (c) 2012 18
Community Flagship of:
 What are you going to do with the business
in the long-term:
◦ Expand
◦ Sell
◦ Handover to family member
◦ Go Public
◦ Get Merged or Acquired
 or if anything goes wrong.
◦ If Bankrupt or unsuccessful what will you do?
LiveWIRE Brunei (c) 2012 19
Community Flagship of:
 Marketing Materials
◦ Research Materials and Results
◦ Sample of Advertisements
◦ Survey
◦ Results
 Full Financial Tables
◦ 2-5 years
LiveWIRE Brunei (c) 2012 20
Community Flagship of:
LiveWIRE Brunei (c) 2012 21
Community Flagship of:
 Executive Summary – so the reader wants to read
the rest of the plan
 Market Research – to show your products have
buyers
 Market Strategy – to show how you can reach
your buyers
 Operations – to explain how your business is
going to work
 Human Resource – the people behind the
business
 Finances (Start-up and Cashflow) so you know
how much you need and how much you expect in
return
22LiveWIRE Brunei (c) 2012
Community Flagship of:
 Clear
 Concise
 Organized
 Well Laid Out
 Natural
 Positive
 Well interpreted
facts
 Do not jump to
conclusions
 Show Sources
 Proofread
 Make it Perfect
 Well written
executive summary
LiveWIRE Brunei (c) 2012 23
Community Flagship of:
 Executive Summary - Too short, Too long,
Too boring
 Products - No details on pricing, no pictures
of products/service
 Market Research – None or too little sample
study done.
 Market Strategy – No schedule or budget
 Operations – no process flow
 Financials – Too optimistic, or not included
24LiveWIRE Brunei (c) 2012
Community Flagship of:
 Organizations
◦ LiveWIRE Brunei (Library and Courses)
◦ DARE/i-Centre
 Books
◦ E-myth
◦ Writing a business plan for idiots/dummies
 Internet
◦ Search for how to write a business plan
◦ Search for business plan samples
◦ Howstuffworks.com, entrepreneur.com, bplans.com
25LiveWIRE Brunei (c) 2012
Community Flagship of:
LiveWIRE Brunei (c) 2012 26

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Writing a business plan 1 hour slide

  • 1. Community Flagship of: By: Mohamad Fadhilullah Tudun Bin Haji Hassan @Bobby 1LiveWIRE Brunei (c) 2012
  • 2. Community Flagship of:  Why write a business plan  Importance of a Business Plan  Process of Writing a Business plan  Finding a Business Idea  Contents of a Business Plan  Tips & Tricks 2LiveWIRE Brunei (c) 2012
  • 3. Community Flagship of:  Own use to start a business  Bank Loan  Investors  Grant Application  Incubation  Starting a cooperative  Managing and Running a Business  School Assignment or Project 3LiveWIRE Brunei (c) 2012
  • 4. Community Flagship of:  “If you fail to plan, you plan to fail”  Gives a very good idea how the business runs from management, operations to financial  Research and Planning will reduce failures and prepares for contingencies.  To explain to others (banks, investors, partners, employees) of how you expect the business to work 4LiveWIRE Brunei (c) 2012
  • 5. Community Flagship of: Idea Research & Plan Do 5LiveWIRE Brunei (c) 2012
  • 6. Community Flagship of: Passion Make Money Skill & Knowledge 6LiveWIRE Brunei (c) 2012
  • 7. Community Flagship of: Self- Actualization Self-Esteem Social Needs Security and Safety Needs Physiological Needs 7LiveWIRE Brunei (c) 2012
  • 9. Community Flagship of:  Executive Summary  Business Profile  Products and Service  Market Research  Market Strategy  Operations  Human Resource Management  Financial Strategy  Exit Strategy  Appendices 9LiveWIRE Brunei (c) 2012
  • 10. Community Flagship of:  Often Written Last, Shown First.  Make it interesting for the reader.  Make the reader want to read more.  Make it simple point form for every section, or a simple abstract summary.  1 page Maximum.  E.g. 30 second Movie Preview LiveWIRE Brunei (c) 2012 10
  • 11. Community Flagship of:  Introduce the business  Legal Structure of Business ◦ Sole Proprietor, Partnership, Sendirian Berhad, Koperasi  Nature of business ◦ Food, Service, Manufacturing, IT,  Mission and Objectives  Startup Cost  Milestones/Achievements LiveWIRE Brunei (c) 2012 11
  • 12. Community Flagship of:  What is it?  Who are you going to sell it to?  What problem is it solving?  How much will it cost them?  What makes it unique?  Intellectual Property Involved?  Sales Forecast LiveWIRE Brunei (c) 2012 12
  • 13. Community Flagship of:  Customers – Who are you going to sell to?  Competitors – Who are your competition?  What are the Competitive Forces that affects you? (Supplier, Buyer, existing competitors, New entrants, substitute products)  Political, Economic, Social, Technological (PEST) – Factors for Success  SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats) - LiveWIRE Brunei (c) 2012 13
  • 14. Community Flagship of:  How are you going to tell your customers that you are there?  4 P’s ◦ Product ◦ Price ◦ Place and Distribution ◦ Promotion LiveWIRE Brunei (c) 2012 14
  • 15. Community Flagship of: Print •Business Cards •Leaflets & Posters •Letters and Mail •Merchandise Mass Media •Billboards •Newspaper •TV •Radio Electronic •E-mail •Social networks •Websites •Media sharing networks Personal •Word of mouth •Referrals •Direct Selling •Exhibition 15
  • 16. Community Flagship of:  Who are involved?  Organization Chart  Personnel Roles and Responsibilities  Personnel Qualifications  Key Roles/Management  Payroll Cost LiveWIRE Brunei (c) 2012 16 Manager Worker 1 Worker 2 Assistant Worker 3 Admin
  • 17. Community Flagship of:  How is the business going to run?  How is the business making money?  Location and Working hours  Product Life Cycle - e.g. Agricultural vs Retail  Production Process  Customer Service Process  Technology/equipment Involved  Sales Forecast in relation to Operations or Season (can also be in product section) LiveWIRE Brunei (c) 2012 17 Input Process Output
  • 18. Community Flagship of:  Start up costs  Sales Forecast  Personnel/Payroll Cost  Profit and Loss  Cash flow Forecast  Balance Sheet  Break-even analysis 0 10 20 30 40 50 60 70 80 90 1st Qtr 2nd Qtr 3rd Qtr4th Qtr nett income Expenses nett LiveWIRE Brunei (c) 2012 18
  • 19. Community Flagship of:  What are you going to do with the business in the long-term: ◦ Expand ◦ Sell ◦ Handover to family member ◦ Go Public ◦ Get Merged or Acquired  or if anything goes wrong. ◦ If Bankrupt or unsuccessful what will you do? LiveWIRE Brunei (c) 2012 19
  • 20. Community Flagship of:  Marketing Materials ◦ Research Materials and Results ◦ Sample of Advertisements ◦ Survey ◦ Results  Full Financial Tables ◦ 2-5 years LiveWIRE Brunei (c) 2012 20
  • 21. Community Flagship of: LiveWIRE Brunei (c) 2012 21
  • 22. Community Flagship of:  Executive Summary – so the reader wants to read the rest of the plan  Market Research – to show your products have buyers  Market Strategy – to show how you can reach your buyers  Operations – to explain how your business is going to work  Human Resource – the people behind the business  Finances (Start-up and Cashflow) so you know how much you need and how much you expect in return 22LiveWIRE Brunei (c) 2012
  • 23. Community Flagship of:  Clear  Concise  Organized  Well Laid Out  Natural  Positive  Well interpreted facts  Do not jump to conclusions  Show Sources  Proofread  Make it Perfect  Well written executive summary LiveWIRE Brunei (c) 2012 23
  • 24. Community Flagship of:  Executive Summary - Too short, Too long, Too boring  Products - No details on pricing, no pictures of products/service  Market Research – None or too little sample study done.  Market Strategy – No schedule or budget  Operations – no process flow  Financials – Too optimistic, or not included 24LiveWIRE Brunei (c) 2012
  • 25. Community Flagship of:  Organizations ◦ LiveWIRE Brunei (Library and Courses) ◦ DARE/i-Centre  Books ◦ E-myth ◦ Writing a business plan for idiots/dummies  Internet ◦ Search for how to write a business plan ◦ Search for business plan samples ◦ Howstuffworks.com, entrepreneur.com, bplans.com 25LiveWIRE Brunei (c) 2012
  • 26. Community Flagship of: LiveWIRE Brunei (c) 2012 26