SUGGESTED OUTLINE FOR THE PROJECT PAPER ( If the Project Paper is of the Business Plan) Title Page Acceptance Page Acknowledgements (if any): Summary Highlights: Part I-Introduction a. Brief Description/Nature of the Proposed Study b. Background of the Study c. Rationale/Significance of the Study d. Objective(s) of the Study e. Scope, Focus, and Limitations of the Study f. Methodology (ies) g. Definition of Terms Part II – The Business (Current) A. Description of Business A short history of your business — is it a new business venture, are you purchasing an existing business, or are you expanding an existing business? B. Management The legal structure of your business — are you a sole proprietorship, a partnership, a corporation, or a cooperative? The purpose of your business — discuss your vision and the main objectives of your business C. Product/Service A description of your products and services — what will you offer? D. Market Your current position — what stage of the business lifecycle is your organization in? Your industry — is it growing, stable, or contracting? Your achievements — what have you achieved so far? E. Competitive Advantage Your competitive advantage — what is your advantage over the competition (e.g. innovative products, strong business model, appeal to niche markets)? Your competitors — who are they and what are their strengths and weaknesses? Your business model — why is it effective? F. Personnel / Human Resource Part III. Strengths, weaknesses, opportunities and threats analysis Part V. Growth Plan A. Goal/s Growth timeline — where do you see your business in a year from now? 3 to 5 years down the road? Milestones — what objectives have you set for your business and when do you expect to achieve them? Goals — what are your short-term (the upcoming year) and long-term (the next 3-5 years) goals? B. Organizational Structure You should also include the date the business was registered/incorporated, the name of the business, its address, and all contact information. Corporation, partnership, or sole proprietorship? Find out which type of business structure is right for your business: incorporation, a partnership, a sole proprietorship or a co-operative. C. Marketing strategy /tactic Describe the activities you will use to promote and sell your product or service. You should touch on each of the "four Ps" of the marketing mix: Product — how does your product or service meet the needs of your target market? Price — how much will you charge for your product or service and why? Place — how are you going to get your product to your customers? Promotion — how will you connect with your target market? Part VI - Human resources plan This section addresses how you plan to manage your employees and human resources processes. You should also discuss your short-term and long-term plans for employee recruitment, training, and retention. If appropriate, discuss any advisors, mentors, consultants that offer you support. The essential skills required for each position Information on your employee training program Any other relevant information related to personnel (e.g. gaps in your team, training budget) PART VII.Social responsibility strategy Implementing good environmental and social practices is good business — it can give you a competitive advantage and help foster goodwill toward your business. In this section you should discuss ways in which your business honours ethical values and respects people, your community, and the environment. You may want to include information about: Your company's environmental policies and initiatives Your company's contributions to your community In order to stay competitive in today's market, you might want to consider where corporate social responsibility fits into your operations. Part VIII.Financial forecasts and other information This section of your business plan essentially turns your plans into numbers. As part of any business plan, you will need to provide financial projections for your business. Your forecasts should run for the next 3 to 5 years. Cash flow statements — this is a cash balance and monthly cash flow pattern for the first 12-18 months. Include working capital, salaries and sales. Profit and loss forecast — this is the level of profit you expect to make, given your projected sales, the costs of providing goods and services, and your overhead costs. Sales forecast — this is the amount of money you expect from sales of your product and/or service. --end— Annexes References Exhibits