Start Mind Mapping Now!
- Professional Mind Mapping
- Best MS Office Integration
- Build-in Gantt chart & Timeline
- Templates & Tutorials
Project plan for new business - Test - Gantt Chart
Just a Test
- Project plan for new business
- Phase 1 - Strategic Plan
- Self-Assessment
- Define business vision
- Identify available skills, information and support
- Decide whether to proceed
- Define the Opportunity
- Research the market and competition
- Interview owners of similar businesses
- Identify needed resources
- Identify operating cost elements
- Evaluate Business Approach
- Define new entity requirements
- Identify on-going business purchase opportunities
- Research franchise possibilities
- Summarize business approach
- Evaluate Potential Risks and Rewards
- Assess market size and stability
- Estimate the competition
- Assess needed resource availability
- Evaluate realistic initial market share
- Determine financial requirements
- Review personal suitability
- Evaluate initial profitability
- Review and modify the Strategic Plan
- Confirm decision to proceed
- Phase 2 - Define the Business Opportunity
- Define the Market
- Access available information
- Create market analysis plan
- Implement market analysis plan
- Identify competition
- Summarize the market
- Identify target market niche
- Identify Needed Materials and Supplies
- Select a business approach (from "Evaluate Business Approach" above)
- Identify management staff resources
- Identify staffing requirements
- Identify needed raw materials
- Identify needed utilities
- Summarize operating expenses and financial projections
- Evaluate Potential Risks and Rewards
- Assess market size and stability
- Assess needed resources availability
- Forecast financial returns
- Review and modify the Business Opportunity
- Confirm decision to proceed
- Phase 3 - Plan for Action
- Develop Detailed 5-Year Business Plan
- Describe the vision and opportunity
- List assumptions
- Describe the market
- Describe the new business
- Describe strengths, weaknesses, assets and threats
- Estimate sales volume during startup period
- Forecast operating costs
- Establish pricing strategy
- Forecast revenue
- Summarize pro-forma financial statement
- Develop break-even analysis
- Develop cash-flow projection
- Identify licensing and permitting requirements
- Develop startup plan
- Develop sales and marketing strategy
- Develop distribution structure
- Describe risks and opportunities
- Publish the business plan
- Confirm decision to proceed
- Phase 4 - Proceed With Startup Plan
- Choose a Location
- Establish Business Structure
- Choose a name
- Identify implications
- Research name availability
- Choose a bank
- Establish accounts
- Establish line of credit
- Choose legal representation
- Select business tax-basis category
- Choose capital funding source
- Commit capital funding
- Establish the Operating Control Base
- Choose and set up the accounting system
- Obtain required licenses and permits
- Obtain needed insurance
- Establish security plan
- Develop Marketing Program
- Establish an advertising program
- Develop a logo
- Order promotional materials
- Provide Physical Facilities
- Secure operation space
- Select computer network hardware
- Select computer software
- Establish utilities
- Provide furniture and equipment
- Move in
- Provide Staffing
- Interview and test candidates
- Hire staff
- Train staff
- Start up the Business
More Maps by This User