A business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals.

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What is Market opportunity in a business plan?

I have to write a Business Plan for a pitch, I wanted to know what should I include in "market opportunity" section - I thought of the something on the lines following-- We operate in --- market, ...
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2answers
88 views

Entrepreneur In-Waiting, valuing a start up business

After Years of having great business ideas and insight into the betting industry I have decided to bite the bullet and go ahead and start up my own business E-Commerce Business. I have a number of ...
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17 views

Starting a review/rating website - for a social cause [closed]

After a lot of brainstorming I have come with an idea of setting up a review website. I know this idea is not new but I want to do this to help people, earning money is secondary Now the main problem ...
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3answers
141 views

Planning for an Acquisition Strategy

I am a software developer half-way through the design and prototyping of what I believe will be a very successful new software product. Soon I will begin development, and am currently planning on ...
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1answer
282 views

How to Research and Determine Total Available Market (TAM) and Serviceable Available Market (SAM)

I'm working on the executive summary for my website idea and need to figure out the total market capitalization for the this industry. For example, if all the yearly advertising (and other) revenue ...
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4answers
170 views

How relevant is business plan/business model before starting up?

I have worked with some startups, and heard people saying, they have bla...bla...bla business plan that is way better than their competitor, and for sucess you must have a good business model I ...
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1answer
125 views

Basic Hosting Cost Info (non-technical) reworded [closed]

I just recently came across this site and it seems perfect for the types of questions I have and advice I will be needing to help make my business idea come to life and become successful. My ...
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2answers
59 views

Importance of a balance sheet in startup business plans?

I'm building a business and financial plan for a new startup. A financial advisor mentioned to me that a balance sheet for a startup is not mandatory as (in his words): "it is more important from the ...
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2answers
404 views

How to determine the business potential of an idea?

I am an IT engineer, I am familiar with programming and website development (not a complete expert though), I am also good with servers, OS, security and networking etc (whole 9 yards of IT). What I ...
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3answers
96 views

Classical Business Plan vs Pitch Deck

I have recently read the book "Hit the Deck" by David Ronick, which suggests not to write a classical business plan and instead start with the pitch deck. This is based on the argument that writing ...
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1answer
54 views

How to prevent misuse of my advertising strategy by my competitor?

How to prevent misuse of my advertising strategy by my competitor? I want to run an offer with an unique strategy, I however, feel that someone will misuse my strategy and would come with my ...
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1answer
60 views

Is there a method for creating achievable financial forecasts?

Is there a method or set of methods for writing the financial forecasts and profit loss statements for the next two years of business when you have never actually traded? These documents are often ...
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2answers
156 views

What are the pros and cons of having a business model - snatching other businesses existing customers, just a month before renewal?

What are the pros and cons of having a business model - snatching other businesses existing customers, especially a month or two before they renew with them? Is there any business term for what I ...
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3answers
63 views

How should I forecast numbers in the business plan?

After searching and referencing many types of business plans I am trying to figure out how to forecast my competitors profits to demonstrate the potential profit for the company. However, I am going ...
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2answers
182 views

Do startups generally have a specific road map in place?

This question may not belong here, for that I apologize in advance. I work with my father at his small company that he started. About 5 years ago is when he moved into his first physical location. We ...
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3answers
88 views

Inventory management

we have a simple spare parts selling business online. At present We store and search parts from stores manually. Which is becoming hard day by day as inventory is growing. The solution I thought is to ...
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5answers
208 views

Identify the different points of view that an investor will have for a new business

I am currently trying to create from scratch a new business. Is a high cost start business and I dont have the necessary funds, only the information of how to do it, that means from the customers and ...
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0answers
38 views

Best way to find USA or Canadian company which wants to outsource their projects? [closed]

We are a team which has accumulated a great deal of finished projects (close to 100) in the last 2 years, and yet we were unable to find a good and serious company from the USA or Canada which could ...
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3answers
3k views

Guide on writing a good business plan for a technology startup

I'm looking for advice on writing a business plan for a VC or Angel investor in the technology field. What are they looking for in a business plan/pitch? There are some good basic guides on creating ...
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4answers
129 views

Projecting Sales for Web Dev Business Plan

I am putting together a business plan for my Web Development startup. Cost of materials, marketing, etc. are the easy (fixed or one-time cost) parts - but I am trying to figure out how to create a ...
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2answers
99 views

Expat looking to create a Tech Startup

I am considering starting a Tech focused startup. I am married to a German and currently live in Germany but I am a US citizen. I am wondering where is the best place to register a new company, if ...
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1answer
100 views

What is a roll-out plan?

What is a roll-out plan? I tried searching on Google, but without much success. I found http://www.project-open.org/en/tutorial_rollout_plan, but I still don't understand what a roll-out plan is for a ...
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1answer
27 views

Business Entity for Partnership question, or Unincorporated Business?

I'm planning on registering for a reseller's permit and it's telling me to register for a business entity. Currently I have a friend who wants to start something with me. Is it a good idea to do the ...
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2answers
93 views

Do people consider gamification a feature, business concept, or strategy?

I took a course on gamification it cleared a lot of thing up but I'm still confuse. A gamified app or website has to be build from ground up through the lens of a game designer. So, I think is a major ...
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0answers
34 views

How to confirm Mobile App Idea? [closed]

I've created a few apps before but most have had little to mild success. For my new app, I want to confirm that it's indeed useful and people would use it. Kind of a market verification step. ...
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7answers
126 views

What services have people used to assist them in writing their business plan?

What services have people used to assist them in writing their business plan? What costs have been associated with these services? Was it a face to face meeting or strictly online/ over the phone ...
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51 views

How to find companies to join Coupon Code Sites?

I am thinking of starting a new coupon code website. I was just curious about finding companies who wanna open a store and submit coupons on my website. For Example if you see sites like Retail Me Not ...
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9answers
907 views

What does it really take to make an MMORPG/Where should I go from here?

So this morning I'm taking a shower, when suddenly I have an epiphany! The greatest idea I ever had, and it's about a dynamic 3D persistent-world MMORPG that breaks from the classic MMO in all senses ...
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3answers
469 views

How to send a business proposal to designing a website?

After researching a lot my team came up with a number of educational organisations those do not have their own websites. We primarily design websites of all kinds. So we have decided to send all of ...
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3answers
4k views

Best way to send a business proposal

I'm about to send a business proposal to a person who doesn't know me. The document volume is equivalent to about 6 pages (A4, single spaced). I can create a nice looking PDF optimized for screen view ...
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6answers
229 views

Is it that way too early to start a business?

I have been sharing my thoughts for getting into some business, with some of my friends & colleagues, but all I get from them is 'Disappointment' & advice like "It's too early for you to do a ...
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0answers
31 views

Partnering with Developer, is it a good idea? [duplicate]

Possible Duplicate: Forming a new software startup, how do I allocate ownership fairly? I am planning to do an online business with a web developer. In the meantime, I own a site which is ...
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2answers
470 views

How to design / mockup a business plan?

Is there any software like Balsamiq Mockups to have a mockup of your business plan? I need to show the how things will work as a biz plan instead of how things will work on the website. As far as I ...
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2answers
166 views

Should a free listing in a niche directory include full features?

I have built my own web directory for a niche business market. The directory is still in its early days. I have currently kept the basic plan completely free and I am not restricting the information ...
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4answers
312 views

Starting to write a business plan before becoming a company

I'm starting to write a business plan for a possible future startup. We're still not a company and we're pretty much in garage-mode still holding to our day jobs. I was looking at example business ...
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3answers
575 views

How to introduce an Upscale Nightclub business to a sleeping community

My partners and I are thinking of opening a nightclub in a newly growing community where everything basically close down at 8:00 p.m., How would I prepare a marketing & feasibility study to find ...
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5answers
340 views

Business plan & funding advice - Atlanta area

I'm doing most of the work on my business myself but need some advice on my business plan and the best way to approach funding. I'm in the Atlanta area - any suggestions?
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1answer
70 views

How could I validate a product that saves large SaaS biz money on bandwith?

My business idea deals with compressing the traffic coming out of web apps to the client. I can show the bandwidth differences with and without my software. How do I know validate if companies will ...
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3answers
207 views

Should I pay for blog content?

I recently created a blog asking people to discuss their missed opportunities, hoping to spark more conversation. I am getting some traffic but no one ever posts anything. As a promotion, I starting ...
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2answers
1k views

How do I estimate the cost of utilities for a 2500 sqft office?

I'm putting together a business plan for a startup, and I need to provide an estimate for utility costs. For my plan, this is an office of 12 employees with an average of 2 CPU's per workstation. ...
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2answers
204 views

LAN Party : How should I pitch for Sponsorship to big businesses?

We're a LAN Party organizing start-up in India and have organized a few tournaments at the local level before. Now as we plan to move to the next level, i.e., national, we wish to pitch to the bigger ...
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1answer
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What type of businesses should not be ventured in a poor country where labor is cheap?

In developed countries, people are generally very busy and somewhat solvent. So, someone can start a company that produces, for example, packed-sandwiches. But, in a poor country, people are not ...
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2answers
141 views

Approaching Angels by E-Mail - How much information should I expose?

I consider contacting a few potential angel investors through E-mail, for my yet to be founded startup. My Executive Summary is ready to be sent, but I'm wondering if its safe to send it right away, ...
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5answers
417 views

Any ideas for making money with QA sites?

I was reading this interesting Kokorin's article, and I started thinking, well, how could a QA site make money, if you are not using advertisement? Would your gather users information like interests ...
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2answers
188 views

What is a good marketing framework for an internet marketplace application

We are building a web-based application which will provide an advertising outlet and online fulfillment for certain service providers. We are writing our marketing plan and I am wondering if anyone ...
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7answers
410 views

How to better explain my business?

everyone. I am a web developer/artist living in Tampa, FL. I have been working on a website for about 3 years now, and the amount of functionality on it is amazing. I have noticed similar websites ...
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3answers
204 views

Where can I find professional business plan makers online

Where can I find best business plan makers online.
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2answers
57 views

Amortizing a an asset purchase

I'm writing a business plan. In the first year of operation I'm spending a big amount on machines. This skewed my P&L because I'm paying them in installments. Do I amortize them in my business ...
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1answer
99 views

Business Plan and Financial Plan

How would I determine my start-up's target market share and translate that into financial forecast on a commission based business model?
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152 views

How to estimate revenues with several business model options?

How would you estimate the revenues on a business plan if you have several possible business models (i.g. Freemium and/or Advertisement). The revenues could be generated by one or a combination of ...

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