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Optimize your 401(k) - In order to optimize your 401(k) you should try to get your employer to offer employer matching funds and set your contribution level to the level...

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Small Business Plan Templates

Q:I need to find a text or resource in helping me write a business plan for my boss. This would be a two year, five-year and ten year business plan for an existing but growing business. I have seen templates and resources for business plans for fledgling or startup companies, but this is not what I need. Can anybody help me in this regard?

A:I would recommend Nolo Press "How to Write a Business Plan". It is not too long, and contains all of the basics. I used it when i started my business and it got me started on the right track. However there is much that it doesn't say in the way of writting and analizing the finacials. That is an on-going process that is absolutely critical to a business. If your business is not a start-up then you have acess to the historical performance of the business. This will need to be collected and analized. Then projection can be made based on past performance and future plans. Nearly every book or template out there has information on hw to write a business plan if you are a start-up. Some have advise for on-going companies. I have found that resources for businesses in my community have been the most helpful for me when rewriting my business plan (something I have been doing annually for four years). In Tucson Arizona Pima Community College sponsors a Small Business Resource Center with a business library and staff of paid consultants that advise clients, like me, for free. Check with your local Chamber of Commerce for a list of resources like this in your area. A business plan is for a start-up; first and foremost to put one's thoughts -idea to paper in a structured manner so that most everything is covered. Second, it is used for EXTERNAL means as to seeking finance; bank, etc. A business plan is also created for fledgling companies - Ch11. A strategic plan is for "going concerns", also a navigation chart that one must change course when need be in order to achieve the desired results. It is used for INTERNAL means providing company direction as well as that of the SBUs. Done on an annual basis, it includes 2, 5 , 10 (whatever) year plans, depending on influences by industry, economic, and market factors. I don't believe there are templates available for strategic plans as MOST small businesses do not have this annual conclave -ritual. Maureen, assuming it's a small business, I suggest you do the following; (1) Go to http://www.nijenrode.nl/mbmm/marchive.html and download Business Plan Master (bpm.zip) (2) On the same page click on "External and Internal Analysis" and save. (3) Go to the library (preferably b-library) and check out a couple of books on strategic plan(ning). Once you are ready, in the template, delete the obvious that would be of interest to a bank or other financial means. Add-in the EXIN analysis. This should give you a good structure to begin and add as you see relevant. Each of the Big Six accounting firms have rather detailed booklets telling what should be in a business plan. Their Entrepreneurial Services groups typically charge low rates (for them) to help entrepreneurs. I just finished writing an article for Win 95 Magazine, located at http://www.win95mag.com about business plan software... It might be of some interest to you and others in the group that are thinking about writing a plan sometime in the near future!

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Definition of the Day Joint Stock Company

Joint Stock Company - Joint Stock Company financed with capital invested by the members or stockholders who receive transferable shares, or stock. It is beneath the control of certain specified managers called directors. A multiparty stock company formed of partnership, possessing the element of personal...

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