Difference between revisions of "BusinessPlan"

Revision as of 12:14, 13 March 2019

#BusinessPlan is an element of #Operational that may need to be established or in place for an eDream to be viable.

Questions to consider whether a #BusinessPlan is necessary, 1. Will

Business Plan

• Summary of Financial Plan, Investment Plan and Operating Plan
• Strategy and plan to address elements, create the design and engage the people

Financial Plan - 6 months, 2 years, 5 years

• Whether it’s to ensure you can pay for four years of college or have enough for your desired retirement, a financial budget may be required.
• Projected Financial Reports
• Revenue & Expenses (P&L, Income Statements) Cash Flow, Balance Sheets
• Cash Flow Projections

Investment Plan

• How much do you need?
• How much needs to be raised? From who? When?
• Do you need an Investor Pitch?
• If you need investors, partners or loans, you may need a business plan to get your dream off the ground.

Operating Plan

• Beneficiary Development - i.e, Business Development/Sales
• Solution Design - Design, validate, engineering, etc.
• Solution Creation - develop, test, validate, etc.
• Solution Production - ongoing after initial creation
• Solution Distribution - initially and ongoing, fulfillment of client orders, what are the distribution channels?
• Solution Feedback & Support - Ensure beneficiary benefit, Customer Service & Support
• Solution Improvements - updates, improvements and new version?
• Human Resources - recruit, hire and manage people
• Staffing Model - number of people, roles & timing
  • Salaries & Benefits, Skill sets, experience, ramp up time
• Resource/Vendor Management[edit]
• Purchased Services from vendors or people