Business planning example will provide better understanding on how you can make your own business plan. Not everyone who is new to the business world knows and understands how to prepare a good business plan. In fact, a business plan is the key for those of you who want to be successful in the business world.
The fastest way to learn making business plan is through observing business planning example. Before you get there, let’s take a look on what is a business plan.
Read: Why Business Core Values and Business Planning Must Be Integrated?
What is a Business Plan?
A business plan is a written document that describes in detail how a business determines its goals and how to achieve those goals. In short, a business plan is a guide on how a business will achieve its goals.
The business plan describes various strategies including marketing, financial, and operations. It can be said that a business plan is an important document used to attract potential investors. In addition, a business plan is also one of the best ways to keep the company focused on future targets.
Read: Types of Business Plan
Although this business plan is often used by small businesses or new businesses, there is nothing wrong if each company has its own business plan. Ideally, the business plan should be reviewed periodically to see if objectives have been met or changed.
Business Planning Example
Now you understand on how important business plan and what is a business plan. Let’s take a look on business planning example on small restaurant below:
Restaurant Business Proposal “Bowl Champion”
Company Name : The Bowl Champion
Business Field: Food
Product Type : Asian Food
Company Address: Street XXX ……
Phone Number: XXXXX
1. Background
“The Bowl Champion is a potential business that uses materials in the form of high quality meat combined with the original ingredients of the food which are produced by self-made recipe.
This restaurant, which is located on XXXXX, only sells beef meat menus with secret recipes that have been passed down from generation to generation from 1970 whose authenticity is maintained…”
(To make this section look more convincing, you can add a literature review or research results related to the benefits of consuming meat selected from sources that can be accounted for).
2. Business Vision and Mission
Vision: To present a meat restaurant with a typical XXXX taste that can be enjoyed by all people.
Mission: Presenting a strong meat taste and providing the best service to all customers.
3. Product Overview
“The Bowl Champion business sells high quality meat as the main menu. . Not only that, there are several other accompanying menus such as mixed tofu, mix salad, beef soup, and various healthy drinks.”
4. Business plan
The last part in making a business proposal is a business plan. In this section, try to write down as much detailed information as possible about the business you run, as below:
Preparation
“The Bowl Champion Restaurant always prioritizes fresh raw materials. Therefore, raw materials are purchased every two days. The restaurant’s operating hours are from 11 a.m. to 9 p.m., from Tuesday to Sunday because Mondays are closed”
Marketing strategy
“In order for Bowl Champion restaurant to be known by more people, we carry out various marketing strategies such as promos, price discounts, and using the services of social media influencers. In addition, there are also special social media accounts to carry out various promotions, websites that contain promo information, and interesting content to get the attention of potential consumers.”
Budget plan
“Rental shop : $20,000/year
Meat raw materials: $1,000x 2 = $2,000
Additional raw materials : $500x 2 = $1,000
And others…..”
Budget Source
Personal budget: $20,000\
Loan funds : $10,000
Investor funds : $30,000
And others….”
Organizational structure
Manager : Alex
Marketing : Sandra
Finance : Smith
And others….”
Business Planning Example
Business planning example above will make you easier understand it. The above example can be an inspiration for those of you who are new to the business world, especially for novice businessmen. It is always best bet for your business have a business plan.
Read: Small Business Financial Plan Example
The business plan framework above is just a brief overview, you can add other important points to make the business plan framework more attractive. Also, prepare other supporting documents if needed. Good luck.
