Business Plan Preparation Operations

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Business Plan PreparationOperations
Development Plans

• Leeds College of Business
• University of ColoradoBoulder, Colorado

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Tonight

• Operations Plan
• Development Plan

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Next Week

• Business Model Presentation
• Hand in - Business Model
• Entrepreneurs
• Jennifer Behringer - Fenzian
• Jim Pollock CTEC
• Dave Ryan Denver Technologies
• Graham Russell - entrepreneur

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Business Plan Elements
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• Executive Summary
• Company Overview
• Product or Service Description
• Industry and Marketplace Analysis
• Marketing Plan
• Operations Plan
• Development Plan
• Management
• Financial Projections
• Offering, Funding Requirements, Valuation

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(No Transcript)
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Operations Strategy
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• Operations section describes the inputs,
  processes, procedures and activities required to
  produce goods or services
• Operations competitive advantage
• Operations that add to your value proposition
• Supply chain analysis will help write this section

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Scope of Operations
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• In-house vs. subcontract
• What makes most sense for your business?
• Consider
• Production
• Product development
• Order fulfillment
• Customer service/Tech support
• Warehouse and shipping
• Installation
• Warranty service repairs

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Operations Analysis(Walk an Order)

• Pre-purchase
• Contact points
• Purchase
• Customer support
• Fulfillment
• Joint Ventures/Partnerships
• People
• Logistical

• Plan Equipment
• People requirements
• Systems Technology
• Inventory levels
• Information requirements

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Operations Analysis
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Ongoing Operations
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• Identify key vendors, suppliers, strategic
  partners
• Describe the arrangements
• Price agreements
• Determine manpower requirements
• Provide a layout of the production or service
  process
• Determine inventory levels to support marketing
• Identify key performance indicators

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Production/Service Capacity

• Determine production/service capacity required
  based on sales forecast
• Type of facility size and type of space
  (office, labs, production, warehouse shipping)
• Location
• Capital assets (equipment, vehicles, buildings,
  fixtures, computers software)
• Lease or purchase

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Development Strategy

• What must happen to succeed?
• Describe 5 -10 key events that must take place
  with completion dates
• Product process development
• Intellectual property
• Key agreements
• Market beta tests
• Marketing actions
• Key hires

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Development Timeline
Source Steve Lawrence
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Business Model Presentation

• Conclusions from research
• 10 minutes, 10 slides
• Provide copy of slides
• Content
• Opportunity
• Value Proposition
• Profitability
• Competitive advantage
• Sales Distribution

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Business Model Summary
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Business Model Hand-in (Three-Ring Binder)

• MARKET ANALYSIS draft of the business plan
  section
• INDUSTRY ANALYSIS draft of the business plan
  section
• PRODUCT/SERVICE draft of the business plan
  section
• Value Chain analysis
• Competitive Matrix
• Financial COMPs
• Revenue Model
• Interviews 20 Call Reports