Guidelines for the Business Plan

The plan may contain up to 10 pages of actual text (not counting contact sheet, cover page or table of contents) plus up to 5 additional pages of tables, exhibits, figures and appendices. Nothing beyond these page limitations is permitted. 

Each business plan must contain a:

  • Contact sheet
  • Cover page
  • Table of contents

The Executive Summary should contain the following information:

  • Product (i.e., describe the business concept/opportunity)
  • Target market
  • Value proposition
  • Competitive advantage
  • Product, process or new business model
  • Intellectual property
  • Customers
  • Competitors
  • Competitive advantage
  • Company mini-history
  • Mission
  • Team
  • Stage
  • Business model (revenue and profit projections)
  • History of prior funding (if any), funding needed and potential return for investors

The remainder of the plan should provide the necessary details, including but not limited to:

  • Products or services
  • Understandable brief technical description
  • Value proposition (specific human needs addressed)
  • Intellectual property protection
  • Possible future products
  • Market
  • Industry (growth, size, segments, entry barriers)
  • Target markets (growth, size, customers)
  • Buying power (buying preferences present and future)
  • Competitor matrix (strengths and weaknesses)
  • Competitive advantage/substitutes
  • Company
  • Vision, mission and values
  • The management team, advisors and board members
  • History/stage
  • Marketing and sales plan
  • Marketing strategy sales plan (goals and bottom up sales projection)
  • Promotion
  • Pricing
  • Distribution channels
  • Implementation of organization plan
  • Legal structure (organization structure and management needs)
  • Experience
  • References
  • Staff needs (motivation and compensation)
  • Other human resource concerns
  • Implementation of operations plan 
  • Technology status
  • Regulatory and legal concerns
  • Manufacturing requirements  (including facilities and equipment)
  • Supply chain issues
  • Growth plan
  • Growth strategies and product development
  • R & D Plan (spin-offs, benchmarks or milestones)
  • Staffing resources needed
  • Difficulties and risks
  • Other internal strategies
  • External development (including franchising and acquisitions)
  • Contingency plan
  • Critical risks
  • Environment markets (including price cutting)
  • Products - IP persistence
  • Competitive threats
  • Operations (limited experience and cost overruns)
  • Organization management (including dependence on key people and issues regarding limited experience)
  • Financial plan
  • Pro forma statements (2-3yr; complete cash flow)
  • Burn rate/Breakeven point
  • Investment proposal
  • Investment needed (including sources and uses of funds)
  • Investors’ return

For information and suggestions regarding the development of an effective business plan, please consult the Small Business Administration at http://www.sba.gov/smallbusinessplanner/plan/writeabusinessplan/SERV_WRRITINGBUSPLAN.html


Submission of Completed Business Plans

When you have completed your business plan, you may submit it here.