Tips on How to Write a Million Dollar Business Plan, by Wise Business Plans

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Wise Business Plans has become a known leader in writing and developing high-dollar business plans for investors and banking institutions. When seeking funds in excess of $1,000,000.00 a business plan must be well written, thought out, researched, and financially sound.

Million Dollar Business Plan

Million Dollar Business Plan

Simply put the higher the funding request, the higher the risk, the higher caliber of business plan needed

The million dollar plus business plan should clearly explain how much funding is needed, how the funds are going to be allocated, and how the funds will be paid back. “Simply put the higher the funding request, the higher the risk, the higher caliber of business plan needed”, says Joe Ferriolo, Director of Wise Business Plans. The following sections should be included when writing a million dollar business plan:

Executive Summary
Company Overview
Product or Service Description
Management Bios
Industry Market Research
Marketing Plan
Loan Analysis or ROI
SWOT Analysis
Milestones
Competitive Analysis
Exit Strategies
Sensitivity Analysis
Break-even Analysis
Revenue Forecast
Personnel Forecast
Pro Forma Profit & Loss
Pro Forma Cash Flow
Pro Forma Balance Sheet
Financial Assumptions

When developing the sections above three areas should be considered.

Unique Selling Position:
First, what is your company’s unique selling position? In other words why would a consumer buy your product or service over a competitor? This question can be a time consuming task; however, it is imperative to answer.

Realistic Financials:
Second, do the financials support the industry? For example if the industry generates $10M in annual gross sales, and your company projects $2M in annual sales in the first year, is it feasible that your company will capture 20% of the market place within the first 12 months of operation?

Management Team:
Third, what does the management team bring to the table? Have they been successful in past similar ventures or do they have a skill or expertise that will benefit the company? Remember, investors are lending the money to you and the business. The management team must be able to execute the business plan.

About Wise Business Plans
Wise Business Plans is national business plan writing company committed to helping entrepreneurs grow and expand their business. To learn more, visit http://www.wisebusinessplans.com or call 1-800-496-1056 to schedule a consultation.

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