Here's some advice on how to include things like a sales forecast, expense budget, and cash-flow statement. Based in the Washington, D. Getty Images A business plan is all conceptual until you start filling in the numbers and terms. The sections about your marketing plan and strategy are interesting to read, but they don't mean a thing if you can't justify your business with good figures on the bottom line.
Business Plan All new businesses or potential business ideas do need a business plan—but, as you will see in our business case examples, a business plan is not the same thing. A business plan will show your ideas and include marketing plans and research, a SWOT analysisand even outline how much capital funding you may need for excellent business plan samples.
A business case, on the other hand, is utilized for something tried—that works—that you or your organization wants to sell or implement.
Still, some companies utilize a business case to see if a process or element will work based on the case study. A business case is often used to lay the foundation for something that is believed to be successful by performing an in-depth analysis of the entire project or process.
Al Kemp of Impact Technical Publications offers a free Business Case Primer that covers the areas you should focus on when writing a business case. We have also provided a business case example in our Media Gallery that talks about improving a process; cases more utilized in project management.
Image Credit MorgueFile Typical Examples of a Business Case One real-life business case example comes from a company that produces oil burners for auto repair or body shop facilities.
The purpose of the oil burner is to recycle used oil from repair work and turn that oil into a heating source.
A process can also be presented in a business case format. For example, streamlining your customer relationship management may come in the form of online software with cloud capabilities. In order to sell this software process for CRM needsthe software company must show that the customer retention, development, and satisfaction are improved and justify the cost of using the software instead of older, more traditional CRM processes.
In these two business case examples, how do the oil burner maker and the software developers write a business case that works? Writing a Business Case Much like a business plan, your business case should follow a certain format.
Finally, every business case must take care when considering who the case will be presented to. For example, your business case should be unique, but should also be able to be easily and quickly modified for the need at hand.
Once written, a business case may simply need minor revisions to deploy or embrace a new process or idea. Al Kemp of Impact Technical Publications reveals that a business case example should include the following 8 stages: Assess Needs — This should include why the auto repair facility would even want an oil burner for heat, including oil waste and utility expenses along with identifying which repair centers would most benefit from the oil burner.
Define the Business Opportunity — Your business case must include marketing research on how well the oil burner has been received or will be received in the desired market area. Plan the Work Effort — What effort will be needed to put the oil burner in place, including costs, etc.
Investigate Alternatives — The oil burner business case must show other alternatives most likely those more expensivesuch as an oil waste removal company, and compare its product to their services. Prepare Report — From the information gathered above, you should now be able to prepare a great business case for your oil burner including backup such as graphs or charts that are easily read and show true savings features.
If you are preparing a business case for a project, try first writing a case study of an already successful project to get an idea on how to design your business case to entice support from stakeholders, project teams, and management.Joorney Business Plans are designed to support applications with investor immigration, bank & SBA loans and raising capital with all types of investors.
Business Analyst: Resume Example. Business analysts are experts in operational efficiency.
They collect and analyze data on work processes and optimize the processes for increased overall efficiency, as well as increased timberdesignmag.coment business analyst resume examples highlight achievements and outline specific skills necessary to perform this type of job. Oct 03, · Use this business plan section to outline your marketing plan, your sales plan, and the other logistics involved in actually running your business.
You’ll want to cover the technology you plan on using, your business location and other facilities, special equipment you might need, and your roadmap for getting your business up and running/5(). Charter School Business Plan Charter school owners and others in the education sector can use this free, printable business plan to map out the direction, objectives and strategies of their companies.
This sample plan is based on a fictional organization. The information for our business clients is confidential. One-Page Plan: An easy-to-read, full-color overview . A business plan is written summary of a business man’s proposed business, plan is an operational and financial details, plan is marketing opportunities and strategy and also plan is .