5 years business plan outline

While it can be tough to fit on one or two pages, a good Summary includes:

5 years business plan outline

How to use Financial Plan Model Inputs Use the Model Inputs sheet to enter information about your business that will be used to model results seen on the other pages. Forecasted Revenue The forecasted revenue section allows you to estimate your revenue for 4 different products.

Simply use the white boxes to enter the number of units you expect to sell, and the price you expect to sell them for, and the spreadsheet will calculate the total revenue for each product for the year. If you want to give your products names, simply type over the words "Product 1", "Product 2" etc.

Cost of Goods Sold Your margins are unlikely to be the same on all of your products, so the cost of goods sold allows you to enter your expected gross margin for each product into the white boxes in Column B. The spreadsheet will automatically calculate the annual cost of goods sold based on this information, along with your forecasted revenue.

Annual Maintenance, Repair and Overhaul As the cost of annual maintenance, repair and overhaul is likely to increase each year, you will need to enter a percentage factor on your capital equipment in the white box in Column B. This will be used to calculate your operating expenses in the profit and loss sheet.

Asset Depreciation Use the white box to enter the number of years you expect your assets to depreciate over. This may vary greatly from business to business, as assets in some sectors depreciate much more quickly than they do in others. Tax In most parts of the world, you will have to pay income on your earnings.

Enter the annual tax rate that applies to your circumstances in the white box in Column B.

5 years business plan outline

If you have to pay any other taxes, these can be entered later on the Profit and Loss sheet. Inflation Although you cannot be certain of the level of inflation, you will still need to try and plan for it when coming up with a 5-year financial plan.

The International Monetary Fund provide forecasts for a number of countries, so is a good place to look if you are unsure what to enter here. Simply enter your inflation rate in the white box.

5 years business plan outline

Product Price Increase As a consumer, you are no doubt aware that the price of products goes up over time. Enter a number in the white box to show the expected annual price increase of your products to enable the spreadsheet to calculate income in future years.

If you are unsure what to put here, increasing your product price in line with inflation is a good starting point. If your business is just starting out, you may be able to command higher prices for your products or services as the years go on, as you build up brand recognition and a good reputation.

Funding The funding section allows you to enter information about your business loan. To use this section, simply fill in the three white boxes representing the amount of the loan, the annual interest rate and the term of the loan in months - for example, 12 for 1 year, 24 for 2 years, 36 for 3 years, 48 for 4 years, or 60 for a 5 year loan.An operational plan sample to help you with your business plan.

Operation Plan examples and 4 eBooks for download. Strategic planning may be utilized on a large scale, such as planning for business growth over several years or to help a nonprofit or governmental organization reach its stated mission.

A strategic plan can also be used on a smaller scale, such as crafting a marketing plan or developing strategy for the goals of one department within a. Need to complete your business plan?

How to use Financial Plan

Use this business plan template to quickly and easily complete your business plan. Companies who write a business plan are 2x more likely to improve over the next year.

Here, we provide a business plan template and simple instructions. BUSINESS PLAN OUTLINE Use the following outline to summarize your business planning decisions. Title each section of your written plan as indicated in the (If not in business two years, include what is available).

Include, if possible, balance sheets and profit and loss statements.

How to Write a Business Plan in 9 Easy Steps

This article is part of a series on how to write a great business plan.. The Executive Summary is a brief outline of the company's purpose and goals..

While it can be tough to fit on one or two.

Operational Plan Sample In A Business Plan: 4 Free Guides and Outline