When it comes to a business plan formatthere are ten basic elements that must be covered when writing a business plan. Before you physically start writing your business plan, you need to spend some time doing in-depth research into your industry and market.
This is important regardless of whether you have previous experience in that particular industry. You can use the Internet, industry experts and associations, suppliers and existing competitors for the information. Your research will help you in putting the business plan together as it will give you an understanding of the dynamics and forces affecting the industry.
All sections in the business plan format are interrelated, and cannot be written in isolation. Each should be written by people who are fully aware of the contents and intricacies of the other areas of the plan so that the different sections are all integrated. The best option is to write the plan yourself as you know your business best. Also, if you are responsible for writing the business plan, you could identify certain challenges and find solutions to them, it will also ensure that you know every single aspect of the business, which is critical when meeting with potential investors.
Although there is a fairly well accepted structure for a business plan formatthere are many ways of putting it down on paper. Some of the contents will have different names and be presented in a different order but almost any business plan will cover these broad areas:. Your contents page should be the very last thing you write to ensure that all the page numbers are correct. Make sure that you number your pages correctly so that a person can quickly and easily find the sections they are interested in.
Business Plan Format Guide
He holds a Ph. Monday, 16 November Business Plan Format Guide A comprehensive business plan format guide. A full guide to the business plan contents including the standard business plan format for these 10 basic elements: The overview, executive summary; general company description; the opportunity; industry and market; your strategy; the team; a marketing plan; operational plan; financial plan and the appendix. Jul 1, Related Topics. Share 7 Tweet Share Share Send.
Quick Links. Helena St. Skill, Distilled.Market research is critical to business success. A good business plan analyzes and evaluates customer demographics, purchasing habits, buying cycles, and willingness to adopt new products and services. The process starts with understanding your market--and the opportunities inherent in that market.
And that means you'll need to do a little research. Before you start a business you must be sure there is a viable market for what you plan to offer. That process requires asking--and more importantly answering--a number of questions. The more thoroughly you answer the following questions, the better you will understand your market. Start by evaluating the market at a relatively high level, answering some high-level questions about your market and your industry:. Fortunately you've already done some of the legwork.
You've already defined and mapped out your products and services. The Market Opportunities section provides a sense-check of that analysis, which is particularly important since choosing the right products and services is such a critical factor in business success. But your analysis should go farther: Great products are great Ferraris are awesome but you're unlikely to sell many where I live.Cost of Gender Studies - TFF Episode 34
So let's dig deeper and quantify your market. Your goal is to thoroughly understand the characteristics and purchasing ability of potential customers in your market. A little Googling can yield a tremendous amount of data. The key is to understand the market in general terms and then to dig deeper to understand whether there are specific segments within that market--the segments you plan to target--that can become customers and support the growth of your business.
Also keep in mind that if you plan to sell products online the global marketplace is incredibly crowded and competitive. Any business can sell a product online and ship that product around the world.
On the other hand, if you live in an area with 50, people and there's only one bicycle shop, you may be able to enter that market and attract a major portion of bicycle customers in your area.
After you complete your research you may feel a little overwhelmed. While data is good, and more data is great, sifting through and making sense of too much data can be daunting. For the purposes of your business plan, narrow your focus and focus on answering these main questions:.
The Market Opportunities section for our cycling rental business could start something like this:. While we expect sales to rise, for the purposes of performing a conservative analysis we have projected a zero growth rate for the next three years. In those states 2, people visited a national forest last year.Out of frustration, pregnant with my second child and wanting to stay home with my kids, I decided to reach out to successful work from home moms and ask them:.
As women, we have many talents and sometimes need help narrowing down what we really want to do.
This is a great list of business ideas for ladies sitting at home as well. I do want to caution you. Be aware of taxes when you have a business! Whether you have a business or you want to start one, please watch this video when you can about how to prevent paying so much in taxes from a Certified Public Accountant.
You can check out the interview on my YouTube channel. Use this list! This list of business ideas is perfect for housewives because they not only pay well but can also provide you with the freedom to spend more time with your family and build an empire.
This post contains affiliate links, which means I may receive a small commission, at no cost to you, if you make a purchase through a link. Check them out below. This is a part-time, online work from home position and is task-driven. You can learn more about this position and apply here. They are looking to fill this position ASAP.
I was inspired by other moms who enjoy blogging as a business and also have the advantage of staying home to raise their kids at the same time. Blogging is one of the best stay at home mom jobs because you work completely on your own schedule. And now I am! Blogging is one of my favorite forms of passive income. I make money just for people reading my articles from ads. When you get a nice amount of people reading your articles it brings in a nice income.
You can see how I make money blogging. It is important to note that blogging does take a while to earn a decent income. It took me a year before I started earning money that really mattered. I also mention the most popular niches that make the most money and get the most traffic.
Do you know what Affiliate Marketing is? I had no clue before I started blogging, and it is now my favorite way to make money online. You know how you recommend different products or places to friends? Well, now you can get paid for it! Affiliate Marketing is when you refer someone to a product or service online using a unique link and if they make a purchase through your link, you earn a commission.
Do you like to write and need a business idea for housewives? I also have a number of ways to get writing gigs below my interview with Holly. Do you find yourself easily catching errors when reading? Do you cringe when you see grammar mistakes?
If so, you might make a great Proofreader.Contact info. Classes for Fall and Spring are a mix of in-person, online, and hybrid modalities. Academic departments are minimally staffed. They were all incredibly helpful when I was applying for graduate school. Each and every single professor was invested in my education and in my future, and because of the nature of the WGSS degree; every student was invested as well.
Overall, I really like that this program offers ways to actually get out there and change the world around us, and to shape our reality; rather than just sitting and discussing issues. This course provides an introduction to how gender, race and class have intertwined over time to produce women's social roles and status in American culture. The creation, transmittal, interpretation and institutionalization of gender roles will be examined using family and kinship, the educational system, the media, work, government and the health care system.
The course provides a critical, interdisciplinary perspective on scholarship which omits or distorts the female experience. Along with other forms of media, film helps to create, introduce, and reinforce cultural values, norms, and understandings. Using an interdisciplinary approach, this course will provide students tools with which to critically analyze film as a cultural product, with a specific focus on representations of gender and justice.
Films to be viewed and analyzed will focus on issues such as interpersonal and gendered violence, parenting, immigration, economic justice, criminal justice policy, leadership, and the social construction of race, class, gender, and sexuality. While films will be the primary text in the course, each will be supplemented with the empirical and theoretical literature on the subject at hand. Instructor: Terry Lilley. This course examines the various gender roles, norms, mobility, restrictions and empowerment that people experience within religious traditions, for example: Christianity, Judaism, Islam, Hinduism and Buddhism.
Global case studies and engaging narratives focused on the intersections of gender, sexuality, race, and religion will be considered. Special attention will be paid to feminist laypersons and religious leaders who are reformulating traditional understandings and practices, and in turn, negotiating their agency within secular and spiritual spaces.
Offered Occasionally. Instructor: Mahruq Khan. This course will explore the history of sexual violence in the United States and the histories of organized responses to that violence. Special attention will be paid to how the intersections of race, class, sexuality, and gender impact the experience of, and public and political response to, sexual violence.
Offered Spring - Odd Numbered Years. Intersectional Feminism and Sexuality examines the connections between feminist thought and cultural representations of erotic life.
The first half of the course will explore womxn's sexuality through the lens of literary historicism, engaging with early modern and Enlightenment narratives of heteronormativity and queerness, marriage, orgasm and sexual pleasure, auto-eroticism, menstruation, fertility and sexual generation. The second half of the course will build from this history to critically engage twentieth century and contemporary feminist writings on pornography and sexual violence.An executive summary of a business plan is an overview.
Its purpose is to summarize the key points of a document for its readers, saving them time and preparing them for the upcoming content. Think of the executive summary as an advance organizer for the reader.
Above all else, it must be clear and concise. But it also has to entice the reader to read the rest of the business plan. This is why the executive summary is often called the most important part of the business plan.
Because it is an overview of the entire plan, it is common to write the executive summary last and writing it last can make it much easier.
Trump tried to sabotage a plan to close the gender pay gap. A judge wouldn’t have it.
The information you need to include varies somewhat depending on whether your business is a startup or an established business. For a startup business typically one of the main goals of the business plan is to convince banks, angel investorsor venture capitalists to invest in your business by providing startup capital in the form of debt or equity financing.
A typical executive summary for a startup company includes the following sections:. For established businesses the executive summary typically includes information about achievements, growth plansetc. Start by following the list above and writing one to two sentences about each topic depending on whether your business is a startup or an established business.
No more! Having trouble getting started? Remember, the executive summary will be the first thing your readers read. If it's poorly written, it will also be the last thing they read, as they set the rest of your business plan aside unread. Office of the Comptroller of the Currency.
Accessed May 20, Corporate Finance Institute. United Nations Conference on Trade and Development. Iowa State University. Small Business Administration. Clute Institute. Small Business Business Plans.
Full Bio Follow Twitter. She has run an IT consulting firm and designed and presented courses on how to promote small businesses. Read The Balance's editorial policies. Article Sources. Continue Reading.Attribution CC BY. The book is quite comprehension, but it lacks depth and case studies to help students understand the significance of and context for terms introduced. It needs to be supplemented with more detailed work on ideas introduced.
It does what it does Comprehensiveness rating: 4 see less.
It does what it does very well, but instructors should expect to use this text as a foundation they must build on to give students a comprehensive introduction to the field. Definitions are accurate and accessible. They provide an essential vocabulary for thinking about and discussing gender and sexuality.
The textbook introduces students to key words and ideas that may be expanded on and changed in the future, but will remain a necessary component of any introductory course in the field. The text can be used flexibly to meet the needs of different courses and course designs. I also see this used in introductory sociology courses, perhaps even introductory literature courses; although not in its entirety.
The text does a very good job introducing key ideas that can be used to shape conversations. I found the text easy to navigate. Links to outside sources seem to work and add interest. They can be assigned for homework or introduced in class to prompt discussion. The text is inclusive of racial and ethnic differences. Multiple gender and sexual identities are identified and discussed accurately. Disability terminology is also introduced. I think this is a significant resource for instructors teaching introductory gender and sexuality studies courses.
It will also be useful for those teaching sociology, literature, and other cultural texts. For an intro level, this is an ideal book, however it requires other materials to be added for the class.
US District Judge Tanya Chutkan scolded the administration for illegally halting an Obama-era rule that required businesses to start reporting employee salary data by race, gender, and job title to the US Equal Employment Opportunity Commission, the federal agency that enforces civil rights laws.
The point of the rule was to force employers to be more transparent about how much they pay workers, and to make it easier for the EEOC to find patterns of potential pay discrimination.
It was supposed to go into effect in Marchbut big business groups, with help from the Trump administration, did everything possible to stop it. Inthe EEOC and other federal agencies began a process to figure out how to better enforce laws that prohibit pay discrimination.
In particular, they were concerned that women still earned about 20 percent less, on average, than men. Over a six-year period, the EEOC commissioned a National Academy of Sciences study, performed its own pilot study, and organized a working group of business representatives and human resource experts, all aimed at solving the problem of enforcement. The EEOC decided there was too much secrecy around how much businesses pay their employees.
So the EEOC, under the Obama administration, crafted the pay data rule to add more transparency to the process. But big business groups, including the US Chamber of Commerce, hated the rule.
They argued that it was a huge burden to businesses and questioned how effective it would actually be in closing the pay gap. When President Donald Trump arrived in the White House, dozens of business groups saw him as a potential ally in their effort to overturn the rule.
In Marchthey wrote a letter to Trump urging him to revoke it. Since then, both sides have been arguing about how soon businesses should start reporting the detailed salary data. The White House and the business coalition wanted to push it back to On Thursday, Chutkan chose a September deadline — a huge win for women and workers of color who often face discrimination in the workplace.
The gap has even widened a bit in the past four years. Several factors explain this difference, but researchers believe a big part of it is due to discrimination. Democrats in Congress have tried, and failed, to change this fact for more than two decades. In January, Rep. The bill would require employers to report, among other things, job salaries, promotions and dismissals to the federal government, broken down by gender and race. The bill would essentially turn the new pay data rule into law and make it illegal for a future administration to revoke.
The bill would also ban wage secrecy, increase penalties for employers who retaliate against workers who share salary information, and allow workers to sue for pay discrimination. This time around, Democrats have momentum on their side. They have the House majority, and their bill has support from every single Democratic lawmaker — more than ever before.
House Speaker Nancy Pelosi publicly championed the bill toosignaling that it is a high priority for the caucus. The proposal will pass the House easily, but Democrats will need support from some Senate Republicans and President Trump in order for it to become law.
A Simpler Plan for Startups
Considering that the White House has spent two years trying to sabotage the pay data rule, it seems unlikely that Trump will feel inclined to write it into law. Give the gift of understanding.
In April, Vox launched a way for readers to support our work with financial contributions — and we've been blown away by the response. This year, support from our founding contributors has helped us create projects that millions relied on to understand a year of chaos, and to keep their families safe. Support from our readers helps us rely less on advertising, and keep our resource-intensive work free for everyone who needs it. We want to add 2, more founding contributors to our supporter base by the end of the year.