Business Plan Template for a Startup Business - Support Corporate

Business Plan

Insert your logo (if applicable)

Insert name
Insert business name
Insert DD/MM/YY

Insert your business URL (if applicable)


Contents:
1.         Your business and objectives
2.         Your skills and experience
3.         Your target customers
4.         Your market and competition
5.         Your marketing and sales plans
6.         Your operational plans
7.         Back-up plan
Supporting evidence (if applicable)



1.Your business and objectives
Briefly describe your business, outlining the different product(s) and/or service(s) you offer:




















Objectives:
Short term (current year):
·                      
·                      
Medium term (next 1 – 2 years):
·                      
·                      
Long term (3 years and beyond):
·                      
·                      

Your Start Up Loan:
Describe how you will use your Start Up Loan and how it will help you achieve these objectives:











2. Your skills and experience
Outline any previous experience, employment or other work that you have done that is relevant to your business:






Outline any education or training you have had that is relevant to your business:






Outline any transferable skills, talents or traits you have that are relevant to your business:






Briefly outline any gaps in your skills, experience or qualifications and explain how you will address these:








3.Your target customers

Demographic details:
Delete any answers not applicable to you and provide some description as relevant.
Age:
Gender:
Income:
Types:
Target regions:
·   0 - 5 yrs
·   6 - 12yrs
·   13 - 17yrs
·   18 - 30yrs
·   31 - 50yrs
·   51yrs +
·   All ages
·   Males
·   Females
·   All genders
·   £0 - £25,000
·   £26,000 -£99,000
·   £100,000 +
·   Individuals
·   Businesses
·   Families
·   Other
·   Local?
·   County?
·   National?
·   International?
How many potential customers do you estimate are in your target regions for this financial year?






Briefly describe your target customers and any other distinguishing features, expanding on any of the areas you have already highlighted above:






What customer need or problem does your product(s) and/or service(s) address?






Explain your approach to pricing your product(s) and/or service(s):








4.Your market and competition
What research have you conducted to understand your market, including your industry, regions, customers, competitors?
Delete any answers not applicable to you and provide some description as relevant.
·   Surveys & questionnaires
·   Focus groups
·   Interviews
·   Desk or online research
·   Market testing
·   Trade fairs or exhibitions
·   Met with suppliers
·   Personal experience
·   Social media research
·   Mystery shopping competitors
·   Family and friends
·   Other

Competitor 1:
Name, location, website:
Average prices:







Strengths:
Weaknesses:
·                      
·                      
·                      
·                      

Competitor 2:
Name, location, website:
Average prices:










Strengths:
Weaknesses:
·    
·    
·    
·    

Your business:
What sets your business apart from your competitors?



Your strengths:
Your weaknesses:
·    
·    
·    
·    
Current or future opportunities:
Current or future threats:
·    
·    
·    
·    


5.Your sales and marketing plans
How do you or will you promote your business?
Delete any answers not applicable to you and provide some description as relevant.
·   Website (information only)
·   Website (for e-commerce)
·   Advertising (online)
·   Advertising (print, radio, TV)
·   Search engine marketing
·   Social media
·   Retail outlets
·   Telesales
·   Referrals
·   Leaflets
·   Events and exhibitions
·   PR
·   Other
Pick three of your key promotional activities and describe how they currently (or will in the future) help you meet your business objectives:

1.  

2.  

3.  



6.Your operational plans
Please provide details of two key suppliers or key relationships that are or will be important to running your business: Detail as relevant in the boxes provided below.

Supplier / Relationship 1:
Organisation:
Relationship status:
Delete any answers not applicable to you.

·    No contract/commitment
·    Contact under negotiation
·    Project-based arrangement
·    Contract or retainer in place
·    Other
Service provided:
Key terms of the relationship:












Supplier / Relationship 2:
Organisation:
Relationship status:
Delete any answers not applicable to you.

·    No contract/commitment
·    Contact under negotiation
·    Project-based arrangement
·    Contract or retainer in place
·    Other
Service provided:
Key terms of the relationship:












Other operational considerations:
Do you currently employ staff?
Delete any answers not applicable to you and provide some description as relevant.
·   Yes (proceed to question A below)
·   Not yet but I have plans to take on staff in the next 12-months(proceed to question B)
·   No and I have no plans to take on staff in the next 12-months(proceed to next section)
A.            How many staff do you currently employ?
Full time:


Part time:

Outline the key staffroles within your business (e.g. job title, responsibilities, key skills):








B.            How many staff do you intend to take on in the next 12-months?
Full time:


Part time:

Describe the key responsibilities and skills you anticipate giving to these new staff:









Where does or will your business operate from?
Delete any answers not applicable to you and provide some description as relevant.
·   Home business
·   Office
·   Retail unit
·   Manufacturing unit
·   Mobile business (vehicle)
·   Work-hub
·   Other
What laws or regulations have you considered for your business and/or industry?







What insurance do you currently have in place or do you intend to put in place for your business?











7.Back-up plan
How will you manage your loan repayments if your business doesn’t go according to plan?

Your back-up plan should highlight:
·         What your loan repayments are
·         How you would manage these repayments in the case of an unexpected event
·         Why you feel this is a realistic plan

























7.Supporting evidence
You can either copy and paste any supporting evidence in this section, or create a bullet point list of your supporting items and send them in with your application separately. Any supporting evidence you provide should support and strengthen the claims you have made and help our loan assessment team feel more confident about lending to you.

Please note, this is not a mandatory field but your Business Adviser may request additional supporting evidence once they have reviewed your full application.
·    
·    
·    

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