Business Proposal

You have been asked by your bank manager to present your business idea at a meeting about your business finance.

What to include • A title page• A contents page• “Title” pages for each section of your plan

– INITIAL BUSINESS IDEA– METHODS USED TO IDENTIFY THE TARGET MARKET– THE SKILLS NEEDED TO RUN THE BUSINESS SUCCESSFULLY– THE LEGAL ASPECTS THAT WILL AFFECT THE START-UP OF THE BUSINESS– THE FINANCIAL ASPECTS THAT WILL AFFECT– THE START-UP OF THE BUSINESS– PRODUCE AN OUTLINE BUSINESS PROPOSAL

• Number each page of your proposal and put your page numbers in your contents page

Prepare a small presentation

• You need to produce a small presentation to present your business proposal.

• I would suggest a minimum of three slides.– To accompany each slide you must also include

written notes. – Use PowerPoint to develop the presentation• There is an example below to help you

My Business Application

• Applications are becoming more and more popular each year and young people are starting to make large amounts of money from selling them.

• My application offers business students the chance to revise and complete small revision tests using their mobile phone where ever they are.

Overview of proposal

• Target Market – 11-30 year olds are the

general target market of apps, however I would be focusing on a specific group of 16-19 years studying business

• Skills–

• Financial–

• Legal –

Where do you see your business in the future?

Describe your long term plans to the bank manger.• What will your business look like in 12 months time?• Have you got any plans for how to develop the business

further– Expansion – Online– More shops

• What will your business look like in 5 years time?

Attach this presentation to the back of your complete proposal

Distinction

• To gain a distinction, your business plan must be comprehensive and must address all of the relevant aspects of your business start up. All reports must be well written and fluent.