Business Plan Guide

A well prepared business plan will improve your chance for success. It is absolutely necessary because it serves to justify the business proposal, as well as to convince the lending officer that you have thoroughly researched and planned for your new/existing business.

The following terms of reference are key areas that should be included within your business plan when making your submission.

THE CLIENT SHALL DEVELOP A BUSINESS PLAN PRIMARILY FOR THEIR OWN BUSINESS OPERATIONAL PURPOSES AS WELL AS TO PROVIDE POTENTIAL INVESTORS WITH DETAILS OF THE PROPOSED BUSINESS VENTURE, THE BUSINESS PLAN SHALL INCLUDE (BUT NOT LIMITED TO) THE FOLLOWING COMPONENTS:

  1. Table of Contents
  2. Executive Summary
  3. Organization & Management
  4. Operation Strategy
  5. Human Resources/Labour Relations- employee’s you have? Number you will need?
  6. Market Analysis & Marketing Plan – highlight current/potential contracts
    i)                 Market Size & Growth
    ii)                Product Line
    iii)               Competition
    iv)               Competitive Advantage vs Market Share
    v)                Pricing Strategy
    vi)               Promotion Strategy
  7. Financial Plan
    i)                 Capital Requirements – detail all costs
    ii)                Financial Sources – detailing financing (client equity, loan and other)
    iii)               Pro Forma monthly cash flow statement for year 1
    iv)               Pro Forma income statements for three years
    v)                Pro Forma balance sheets for three years
  8.  Regulatory Consideration
    i)                 Local Regulations
    ii)                Provincial Regulations
    iii)               Federal Regulations (if applicable)
    iv)               Environmental Assessment (Environmental Screening Form)
  9. Implementation Plan for Recommendations
    i)                 Immediate Action
    ii)                Short Term Action
    iii)               Long Term Action
  10. Other as Determined Necessary

 

The business plan and funding proposal must be completed satisfactory to address all elements of the business to assist investors in determining the viability of the business. If you have any questions regarding the requirements please contact your Business Development Officer prior to proceeding with writing your business plan. Click here to download our Business Plan Guide

 

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