Business Plan WOB 2 Flashcards Preview

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Flashcards in Business Plan WOB 2 Deck (14):
1

Summary

Summarizes business concept

2

Business Model

Defines how company will generate revenue and profit

3

Mission and Objectives explain...

Purpose of business and what it will accomplish

4

Company Overview

The origins and structure of a business

5

Management and Key Personnel

Summarize the background on people responsible for success

6

Target Market

Who will target your business

7

Market Strategy

Strategy for reaching potential customers, setting prices and providing customer support

8

Design and development plans

Describes the nature and extent of what needs to be done, including costs and possible problems

9

Operation plan

Provide information on facilities, equipment and personnel requirements

10

Start up Schedule

Forecast development of the company in terms of completion dates

11

Major risk factors

Identify all potential negative factors and discuss them honestly

12

Financial projections and requirements

Identifying the companies financial needs and potential sources

13

Exit Strategy

Explains how investors will be able to cash out or sell their investments

14

What is an example of an exist Strategy

IPO = Initial Public Offering

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