business planfora startup business-princes（业务planfora启动business-princes）（10页）.docVIP

Million Makers Business Plan Guidance Producing a business plan plays an important part of Million Makers and all teams will be expected to produce one. All plans should be submitted in advance of the Dragon’s Den pitch. The value of creating a business plan lies in the process of researching and thinking about your Million Makers initiative in a systematic way. The act of planning helps you to think things through thoroughly, study and research if you are not sure of the facts, and look at your ideas critically. It takes time now, but avoids potentially costly mistakes later. This document guides you through a generic business plan model suitable for all initiatives. We ask that you stick to the format and modify only when needed to suit your idea. Please try to avoid over complicating the document.  Remember Keep your plan simple. The best business plans aren’t long and complex; they explain only the most important information – what you want, how you will get there and the things you need to do along the way Use the template provided, do it in chunks Ask your Prince’s Trust contact if you would like to see examples of business plans created from previous competition years Avoid unnecessary content, be clear and concise Show a clear understanding of income and expenditure When devising your plans and ideas please consider the environmental impact of your activity Be realistic Ensure your own company supports your plans and are aware of them before you being fundraising Contents Please make sure your business plan also contains a table of contents 1. Executive Summary……… 3 1.1Summary 3 1.2 Mission Statement 3 2. Team Background 4 2.1 Team Goals and objectives 4 2.2 Team Members 4 2.3 Team Advisor 4 3. Products and Services 5 3.1 Product 1 5 3.2 Product 2 5 3.3 Product 3 5 4. Marketing Plan 6 4.1 Market Research - Why 6 4.2 Market Research - How 6 4.3 Target Market 6