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Elements of a Successful Business Plan

Writing a Successful Business Plan Stephen Lawrence and Frank Moyes Deming Center for Entrepreneurship Leeds School of Business University of Colorado at Boulder Copyright 2004 by the Regents of the University of Colorado 1 Writing a Successful Business Plan Copyright 2004 by The Regents of the University of Colorado Table of Contents Table of 1 Purpose of a Business 2 Elements of a Successful Business 3 Executive 4 Company 5 Product and 6 Market and Industry 8 marketing 14 Operations 19 Development 22 Management 23 Competitive 25 Financial 27 31 34 2 Writing a Successful Business Plan Copyright 2004 by The Regents of the University of Colorado Purpose of a Business Plan A Business plan describes the venture that you will create to exploit a concept.

Marketing Strategy What are the key elements of your marketing strategy? • Competitive Advantage Who is the competition? What is your competitive advantage? • Management: Who is the management team and why will they make a success of the venture? • Financial How large will the company become, i.e. what revenues will be achieved in ...

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