Establish the information needed for a detailed Business Plan.
* Create the Environment of the Company, Product or Service that will be the basis of this Plan; identify the Operations, Marketing Approach and Financial Implications.
* Establish Pro Forma P&L Statements, utilizing three Revenue Scenarios-Aggressive, Modest and Slow Revenue Growth.
* Identify the Risks you'll face within each Pro Forma P&L Statement. Select the Most Likely Growth Scenario.
* Develop the Expected Cash Flow from the Chosen Growth Scenario, Loan Needs and Expected Payback to Investors/Yourself.
* Prioritize your Action Steps, recognizing those that are Absolute Musts, Very Important and Less Important. In essence, you're creating a Time Line/Calendar for the tasks you'll undertake to accomplish your Growth Objectives.
* Create your Plan and the last critical item, the Executive Summary; note, this Summary must portray your view of the Business Opportunity as Positive, Enthusiastic and Succinct. Ideally presented on one page.
