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Business Plan Template

This business plan template provides a framework for students to develop plans for their business ideas. It includes sections for describing the business, product or service, target market, competition, marketing, operations, finances, funding, legal compliance, risks, timeline, and appendices. The template aims to guide students in thoroughly researching, critically analyzing, and creatively planning the key elements needed for a successful business.

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Lanuza Sonny
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98 views3 pages

Business Plan Template

This business plan template provides a framework for students to develop plans for their business ideas. It includes sections for describing the business, product or service, target market, competition, marketing, operations, finances, funding, legal compliance, risks, timeline, and appendices. The template aims to guide students in thoroughly researching, critically analyzing, and creatively planning the key elements needed for a successful business.

Uploaded by

Lanuza Sonny
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Business Plan Template

Business Name:

 [Your business name]

Business Description:

 Briefly describe your business idea and its uniqueness.

Mission Statement:

 What is the purpose and mission of your business?

Vision Statement:

 What are your long-term goals for the business?

Business Goals:

 List specific, measurable goals you want to achieve.

Business Idea
Product/Service Description:

 What product or service will your business offer?

Target Market:

 Describe your ideal customer and target market demographics.

Unique Selling Proposition (USP):

 What sets your business apart from competitors?

Market Research
Market Analysis:

 Provide an overview of the industry and market trends.

Competitor Analysis:

 Identify and analyze your key competitors.

SWOT Analysis:

 List your business's strengths, weaknesses, opportunities, and threats.


Marketing Plan
Marketing Strategy:

 Outline your plan to reach and attract customers.

Sales Strategy:

 How will you generate sales and revenue?

Pricing Strategy:

 Describe your pricing strategy and rationale.

Promotion Strategy:

 Explain how you will promote your business (e.g., advertising, social media, events).

Operations Plan
Location:

 If applicable, describe the physical location of your business.

Suppliers:

 List your suppliers or sources for products/materials.

Production Process:

 Explain how you will produce or deliver your product/service.

Financial Plan
Startup Costs:

 Estimate the initial expenses to start your business.

Revenue Projections:

 Forecast your sales and revenue for the first year.

Expense Projections:

 Estimate your ongoing operating costs.

Break-Even Analysis:

 Calculate when your business will become profitable.


Funding
Investment Needed:

 If applicable, specify the amount of funding you require.

Funding Sources:

 Explain how you plan to finance your business (e.g., personal savings, loans, investors).

Legal and Compliance


Business Structure:

 Describe your business's legal structure (e.g., sole proprietorship, LLC).

Permits and Licenses:

 List any permits or licenses required to operate legally.

Intellectual Property:

 Mention if you have any trademarks, patents, or copyrights.

Risk Analysis
Risks and Mitigation:

 Identify potential risks to your business and how you plan to mitigate them.

Timeline
Business Timeline:

 Create a timeline outlining major milestones and deadlines.

Appendices
 Include any additional documents, charts, or research data that support your plan.

This template provides a basic framework for grade 12 students to develop their
business plans. Encourage them to research thoroughly, think critically, and be creative
when filling in the details. Tailor the plan to their specific business ideas and goals, and
emphasize the importance of a well-structured and realistic plan for success.

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