Basic information for a business plan

By Sally Burns,2014-07-09 08:22
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Basic information for a business plan ...

Business plan template - basic information

For more information see Small Capital Chapter 1

Name of business and/or trading name:

Physical business address:

    Occupancy status: Owner Y / N Tenant Y / N Date of occupancy: If owner - net equity in home (value less outstanding debt):

Postal address:

Business contact person/s for banking purposes:


    Designation or position in business:

    Telephone number (landline):

    Cell phone number:

    Email address:

    Period with bank (in personal capacity):

Type of business and registration number, for example, close corporation or partnership (if a

    franchise, please provide details of the franchisor’s name):

Industry of operation or business sector, for example, manufacturing, retail or services:

Business ownership:

    Name Age Gender Interest/ Financial ID/passport number

    shareholding contribution








? Words’worth 2008

Number of permanent employees:

    Age of business and stage of life cycle, for example, start-up or expanding:

Key members who will manage the business on a day to day basis (please attach CVs of key

    members detailing work experience and skills):

    Name Position/ Highest Length Postal address Age Time in Time

    function qualification of related running

    service industry own


Does your business have insurance policies in place? Y / N

    IF “YES”:

    Name of insurance company:

    Monthly premium:

    What risks are covered under the policy, for example, fire, theft and loss of income?

    Purpose of business, that is present or proposed nature of business activities:

Products and/or services offered (describe your current offering and possible future


In which area are you selling (or do you plan to sell) your products and/or services and how

    will they be distributed?

? Words’worth 2008

Annual business turnover (previous year):

    Projected business turnover (current year):

Major customers (or potential customers):

Future target market (that is other sectors or customer groups):

    If relevant, describe and attach details of any major tenders or large orders received:

Please attach a sales forecast or sales budget if available.

What percentage of total annual sales is on credit?

Provide details of the credit terms that your business will allow or currently allows its


    What percentage of customers make use of these credit terms on a regular basis?

Percentage of customers on the following credit terms:

    Cash sales 30 days 60 days 90 days Over 90 days

    % % % % % What is the industry norm for debtor terms?

When will outstanding debt be regarded as bad debt?

Present debtor book maturities

    Percentage of 30 days 60 days 90 days Over 90 days total debtor book

    % % % % % Please attach a purchases budget if available.

Describe your production process and plan:

Define the production capacity of your business:

? Words’worth 2008

Describe major equipment used for production purposes:

What mark-up will be placed on products?

What is the average gross profit percentage you will aim for?

    Specify what kind of inventory will be held: raw materials, work-in-progress, finished goods and the average value of stock kept:

     Quantity Value Average time held in

    stock Raw materials Work in progress Finished goods TOTAL Please attach a copy of your production budget.

    Describe the significant competitors and their relative market share:

    Describe current threats that exist from competitors now and possible future threats:

    Describe your business’ competitive advantage in relation to its competitors:

? Words’worth 2008

a) Where trading has commenced (existing business), please attach copies of your latest profit and

    loss account, balance sheet and cash flow statement. For new businesses (start ups), please include pro forma financial statements supported by projections of the balance sheet, income statement and

    cash flow statement.

    b) Please state whether the financial statements have been audited by a qualified accountant. Include the name, address and contact details of the accountant, bookkeeper or auditor.

c) Please attach a personal statement of assets and liabilities of each shareholder, member, partner

    or owner.

d) Please include a cash flow projection for the next three years indicating the expected growth in

    your business as well as possible inflationary increases. Clearly state any assumptions made.

e) Please attach three months’ personal bank statements.

Please provide details of the following:

    a) Reason for application, for example, starting a new business, expansion plans or buying a new


b) Owners’ contributions, for example:

    - Expected cash contributions by owner(s) to the business.

    - Assets contributed to the business by owner(s) and their value (for example, machinery, vehicles,

    equipment and furniture).

    - Fixed property contributed by owners; including Rand value.

c) Amounts owing to creditors.

d) Detail any suretyship or guarantee agreements signed.

    e) Complete the table below indicating the assets that will be financed with the loan:

    Details (purpose) Bank finance Own contribution TOTAL

    f) Attach a list of assets (for example, cash, investments, vehicles, plant and machinery, land and property, furniture and equipment, debtors and stock) that could be used to provide collateral for the

    loan. Include type, market value, present condition and amount owing if not fully paid for. Include the “Offer to purchase” or “Agreement of sale”, where relevant.

? Words’worth 2008

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