PART ONE
Section A: Your Details
School name Modern Public School
Country
Lead teacher
India
Mrs. Vasudha Sarang; Mrs. Anjali Verma
Section B: Your Business Details
Business Name
Business Activity (E.g. Beekeeping)
Main product / service (E.g.Honey)
No. of students in business team
Creative Connections
Multipurpose Store
Art & Craft, Herbal products and Natural drinks
67 students
No. of students in school
Net Profit in previous year in US $ (Actual)
More than 2000
1078.62
Business Development Budget in US $ (Estimated) 51.04
Additional Capital required in US $ (Estimated) Nil
Total Sales Income in US $ (Estimated)
Net Profit in US $ (Estimated)
2621.89
1750.61
Section C: Market Research and Target Market
1.
What Market Research did you do? Please include how you did your market research and how many people you spoke to. (5)
The Market research to go for diversification was done through interaction with the students
(class III to XII) during open house meetings. Parent’s feedback was taken during PTMs with aim to incorporate new ideas and bring novelty in the enterprise. Staff interaction too with their brilliant and innovative ideas benefitted the team of Creative Connections to diversify. As a matter of fact, the feedback given by our prime customers i.e. students, parents and staff members helped the enterprise in moving in altogether towards a new direction of trading, food and even herbal products. This year the team decided for a new innovative approach of open house wherein even Madam Principal along with the senior staff participated wholeheartedly. Approximately 1000 students, 800 parents and 150 staff members gave their valuable advice to make Creative Connections reach to its glory.
2.
What were the results of your Market research? Please include how your market has changed and how you will adapt. Also who is going to buy your new product or service and why? (10)
The team of Creative Connections did a back breaking strenuous exercise to deduce the brains and hearts of the young adolescents, mature parents and creative innovative teachers and change almost the complete profile of the team. The journey of the last three years had made the entire team enriched with a varied exposure. We reanalyzed the previous product structure and came to a conclusion that instead of targeting market, we should focus primarily on the staff, students and parents. Following are the other eminent changes that the team has decided to incorporate.
Elimination of Trousseau packing because of professionals in the market
Last but not the least, inspite of the best efforts put in by the teachers, students, we were not able to make contacts with the traders to procure order for trousseau.
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Elimination of Ceramic cups – the decorative ceramic cups have also been out of the product range of Creative Connections because of less demand.
The present product range of Creative Connections is as follows :-
In open house meeting, it was brought in the notice by the young entrepreneurs that the food line in the school would not only give huge profits because of the non availability of the canteen but also will cater to the genuine needs of the students in the healthiest manner. Hence, juice and shakes will be provided to the staff and students at a very nominal rate. Likewise, the non availability of stationery shop at time creates problem for the students and the teachers as well. In addition to, the concept of Trading has not been introduced by any of the competitors, so stationery products like pen, pencils, sheets etc. will be provided through the stationary corner through Trading.
While abiding ourselves with the nature, we explored the herbal products too. To make students apprise with the essence of doing away from preservatives and to move into the lap of nature, we have decided to explore the herbs.
Section D: Competitors and Competitive Advantage
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3.
a) Who are your main competitors and what are their strengths and weaknesses? Please fill in the
table below. You may add extra rows if you need to. (5)
Competitor Name
Who are your main competitors?
E.g. Mary’s vegetables
1. Existing brands of soft drink(e.g Real juices, frooti etc.).
2. Stationery shops nearby.
3. Delhi Haat (craft centre)
Strengths
What are your competitor’s main strengths?
E.g. Good reputation
Long shelf life, goodwill, preferred ones
More variety, more contacts with suppliers.
More professional, grabs more attention due to their decorated setups and cultural programme and schemes.
Experience, professional attractive package, marketing, advertising.
Weaknesses
What are your competitor’s main weaknesses?
E.g. Limited selection of vegetables
Health damaging preservatives – artificial taste
Not accessible to students during school hours.
Most craft items are not recycled based.
4.Khadi and Herbal brands
Cost factors b) Please provide a short summary of your competitor analysis (5).
The business team organized a meeting with Madam Principal, staff members and few students’ representatives. Initially when put the varied range of the products into the pipeline, it was really a fear factor to face real juices, frooti and other branded products for us, still with an indomitable faith in the management, students and their parents, we have decided to move ahead with shakes and juices. Availability of fresh and safe products during school working hours are a few other reasons that have inspired us for the prospective business.
The same emotion was shared when the team had thought provoking discussion on manufacturing of herbal lipsticks and room freshners. With the brands namely Lakme, Max factor, Revlon, L’Oreal etc, it seemed to be an impossible task for us to make the product sold out. But less cost, trust in the students and enthusiasm to be winners have propelled us to go with the herbal lipstick and room freshners.
In Art and Craft, Delhi Haat is the strongest competitor with more professionalism, experts and other promotional schemes. However, our clientage being students and parents affect much.
4.
How are you going to be better than your competitors? Please consider your answer to Question
3 in this response.
Creative Connections always has an upper edge to its competitors as far as the aim is considered.
Our business is based on the philosophy of altruism where as the competitiors’ sole motive is profit making. Even on technical aspect, following are the points which set ourselves apart from them- a) Food Corner: Providing healthy drinks like Lemonade, Homemade Frooti after activity period is not only profitable profitable but is also provided when it is actually required i.e. when students get too much exhausted. In addition to, our lemonade and homemade frooti are fresh and do not contain preservatives.
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b) Art/craft items: Art and craft items have always been our forte as they not only personify creativity but are also prepared from recycled sheets, thus conserving environment and enhancing profits. This section has always gained a lot of appreciation from the customers and it is this recognition, bond and praise that set ourselves apart from the competitors. c) Stationery Corner: Creative Connections has introduced the concept of trading, an integral form of business in the series of products to let the students know that its not a child’s play.
As the school doesn’t have a stationery shop, so the team has turned the challenge into an opportunity wherein the basic stationery is the necessity of the students and the staff will be made accessible and that too at a very nominal rate. d) Herbal products: The most surprising and unique is the upcoming range of herbal products i.e. Herbal lipstick and Room Freshners which will be mostly encashed during PTMs. Its not only exciting to prepare Lipstick & Room Freshner on our own but extremely profitable not only to the business, to the environment but also to the prospective customers as well as it would be available at a very nominal rate compared to the high cost of the branded products.
Section E: SWOT Analysis
TOP TIP!
To help you score high marks in Section E, refer to the SWOT Analysis guidance in Weekly Guide 5.
Remember! Your Strengths and Weaknesses are internal to your business and in the present.
Your Opportunities and Threats are external to your business and in the future.
5.
Complete the SWOT Analysis below. (5)
Strengths – What are your strengths? Weaknesses – What are your weaknesses?
1.
X factor is the exuberant youth with innovative ideas
2.
All the Art and Craft items are made from the recycled sheets thereby saving environment.
3.
Heavy/Fixed costs like electricity, gas, water, labour etc. to be borne by the school.
4.
Homemade Frooti and Lemonade don’t have any preservatives.
5.
All the products range is ecofriendly.
6.
Trading will ensure a good profit
1. Catering to the selective group i.e.
Students, Parents and the Staff.
2. The lifespan of Homemade Frooti and Room Freshners is 1-2 days as it is chemical and preservatives free.
3.Female customers may prefer branded cosmetics instead of lipstick made by the students.
4. Making balance between academics and production of the diversified range at times affect the latter adversely.
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margin.
7.
Loyal customer base as students, parents and the staff are our primary customers.
8.
Working on the principle of Best
Out Of Waste & 3 Rs will enable us to promote the slogan Go Green leading to strong goodwill and market value of the institution.
9.
Availability of Paper recycling
Machine.
Opportunities – What opportunities do you have?
1. Special days like Parents’ Teachers meeting , Book Fair, Exhibitions etc are a few special occasions when the team of Creative Connections can get into the hearts of the customers.
2. The scope of growth and expansion in all the varied range is immense. For instance based on seasonal fruits, we can always add on to the flavors.
3. This financial year, most of the product are need based. For instance, stationery corner, health drinks, Art &
Craft items etc. which are quite promising in terms of profits.
4. As we are in the direct contact of our customers, we don’t require middlemen and retailers, hence both the customers and the producers are in a win-win situation.
Threats – Does your business face any threats?
1.
Due to natural and academic constraints, it would be an uphill task to meet the demand of the customers.
2.
Student Customers may become conspicuous of Homemade Footi and Lemonade.
3.
Female customers too, may feel hesitant in using cosmetic product like Lipstick.
4.
To streamline the varied range of products along with the seasonal ones.
5.
Rainy season has always been a big obstacle as the recycled sheets take time to get dried up.
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Section F: Operational Plan
6.
What steps will you take to develop your business? Think about the one-off tasks you need to do to start growing your business. E.g. First, we are going to source new suppliers. (5)
Mission statement
To employ and channelize the reservoirs of energy and ideas into budding entrepreneurs along with the accountability and responsibility to preserve environment.
To meet the mission statement , Creative Connections has decided to take the following steps:
1.
As Creative Connections has diversified into Food and trading sections, therefore the team will be restructured again on the basis of range of products.
2.
We have started looking for new suppliers like nurseries for petals, green grocers for lemonades, fruit sellers for mangoes, stationery dealers for stationery items along with the existing one who could provide the raw material at the lowest cost.
3.
The different departments have been made accountable for the promotion of their products that include designing of the layouts, promotional campaigns etc.
4.
Discount coupons upto 10% will be given on Lemonade and Homemade Frooti to the students who purchase any of the products of Creative Connections. Likewise,
Promotional offers will keep on changing to instill curiosity amongst students.
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7.
How do you produce or deliver your product or service? Use the table below to list the ongoing
tasks you need to do to make your business run. You can add rows if you need to. (5)
Task
What tasks need to be done on a daily, weekly or monthly basis to make your business run?
How long?
How long will these tasks take?
How often?
How often do these tasks need to take place? E.g. Daily?
Weekly?
Who?
Who will be responsible for these tasks? E.g. communications team
30 minutes Daily Collection of waste newspaper
Soaking of the paper collected
30 minutes Daily
Production
Department
Production department
Paper Recycling daily Production
Department
2 hours( 1 hour in the morning during school activity period and 1 hour stay back after school hours)
1 hour Alternate days Preparation of
Homemade frooti
Preparation of
Lemonade
45 minutes
1 hour
Alternate days
Daily
Creative Food department
Creative Food
Department
Creative herbals Preapration Of Room
Freshners
Preparation of Journal
Entries
Preparation of
Spreadsheet
1 hour
2-3 hours( Since
Saturday is nonworking for the senior students so the business students come and devote time to maintain financial records.)
Need based
Twice a week
Weekly
Weekly
All the financial managers of the respective divisions.
All the financial managers of the respective divisions.
Preparation of Herbal
Lipsticks
Purchase of stationery items
Regular Inspection
General meetings & brainstorming sessions to overcome hurdles.
Need based
1-2 hours
Need based
Weekly
Weekly
Monthly
Production department of Creative herbs
Members of Trading department
Concerned incharges
Middle and Top Level
Management
8.
How is your business team structured and what changes have you made to it? You may like to include your Organogram here. (5)
Creative Connections has diversified itself into four different units namely
1.Creative shakes dealing in Homemade Frooti and Lemonade
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2. Creative Art Attack dealing in Paperfolders,envelopes etc.
3. Creative herbals dealing in herbal lipsticks and Room freshners etc.
4. Creative One stop dealing in stationery items.
Henceforth, the organizational structure has been restructured in the form of divisional structure where each division will work as an independent unit here headed by a manager and assisted by experts. Here is an organogram:
Principal
Mentor Teachers
Food Division Art & Craft Herbal Division Stationery Division
Manager Division Manager Manager Manager
Finance Incharge Purchase Production Incharge Marketing Sales Incharge
Incharge Incharge
4 students 4 students 4 students 4 students 4 students
Activities :- Contacting suppliers Preparing the required Advertising, Making
And making purchases products Making posters, contacts with
Making contacts& deciding the customers &
1.Making record books making purchases schemes making sales
2.Ledgers
3. Vouchers
4.Calculation of profits on periodic basis
Section G: Marketing and Sales Plan
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a) Tell us about your 4 P’s (Product, Price, Place, Promotion). (10)
Product –
1. Creative shakes dealing in Homemade Frooti and Lemonade
2. Creative Art Attack dealing in Paper folders , envelopes etc.
3. Creative herbals dealing in herbal lipsticks and Room fresheners etc.
4. Creative Onestop dealing in stationery items b) Price –
1.Creative shakes dealing in Homemade Frooti and Lemonade will be sold @10/- per glass.
2.Creative Art Attack dealing in Paper folders , envelopes etc. will cost Rs. 15/-to Rs.50/-
3.Creative herbals , an entirely a new product range of Lipstick and Room Freshners dealing
in herbal lipsticks and Room fresheners etc. will be sold @ 250 & 100
respectively.
4.Creative Onestop dealing in stationery items like pens. Refills, charts etc will be sold at a
reasonable profit margin. c) Place
This financial year we have decided to target our loyal customer base i.e. students, staff
and the parents and the vicinity of the school is the best option to accomplish the
business successfully. d) Promotion –
Creative Connections has decided to adopt the following techniques of promotion-
1. Discounts- The customer will be offered discount coupons of shakes and Lemonade if
they would purchase the products worth Rs.200/- and above.
2. Lucky draws on the occasion of PTMs, Blood Donation Camp, Exhibitions etc will
create curiousity amongst the customers.
3.
SMSs alert : Through Educomp, SMSs alerts will be sent to the parents informing
about the latest products, offers etc.
4. Posters, leaflets etc will be prepared to apprise the prospective customer base about the
benefits of the eco friendly products.
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Section H: People, Profit, Planet
9.
How does your business meet the People, Profit and Planet criteria? Please give an example
for each criteria. Refer back to Question 7 in your Business Idea Template to help you. (6)
Students are the most privileged section of tach –A Man to Fish competition. Not only the students who have become the part of school enterprise challenge but also those who are the prospective buyers.
Students will get their business skills honed. They will also get exposure to the worldly ways.
Apart from giving vent to the seamless creativity, the students will get exposure to the new concept of Trading.
It will groom their softskills, competitive analysis to evaluate different buyers and the most important the ability of decision making which we even find missing even in adulthood.
The prospective buyers i.e the students will be provided with fresh and healthy drinks after the strenuous activity period.
As the school doesn’t have a stationery shop, the students and the staff members were facing difficulty in procuring pen, compass, refills etc. during school working hours .With the trading corner, it would assist one and all.
In continuation to the philanthropic gesture, Creative Connections has always been sharing its profits with the community and will continue to do so.
Teachers too, are able to deliver their lecture with ease and perfection. The students are able to relate theory with the practical wisdom.
Parents are the most contended lot as they see their children blooming and grooming into young adults.
Green Grocers, Fruit sellers, Iceseller are a few who too would get benefitted as they are our chief raw material suppliers.
Profit
Absence of fixed cost like labour cost, electricity, water etc has led to the minimum production cost.
Even the overheads too, are not so high, therefore the profit margin is set very high.
This time most of our products are need based which in itself is a promise of high profits.
The USP of Creative Connections is its ecofriendly products and hence has become a Green enterprise in real terms.
The range of products is entirely environmental range beginning from lemonade to herbal lipsticks and room fresheners.
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Creative Connections contribute to the best of its capacity for the maintenance of Herbal garden that includes the purchase of pots, seedlings etc.
Back to nature is the oldest yet ever suggested slogan which the business entity has abide itself by.
Last but not the least, Best out of waste policy is quite evident in the working of Creative
Connections and thus saving trees.
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Section I: Financing Strategy
10.
How much money do you have to re-invest in your business? Do you need to raise additional capital to develop your business? If so, how will you raise this money? (10)
Creative Connections has decided to diversify into Creative Shakes, Creative One stop(Statiionery shop), Herbal Lipsticks and Herbal Room Freshners. Consequently, it requires a good amount of capital to invest. So it is decided that additional capital will be raised through shares. It will solve manifold purposes. First, it will let the students know various ways to locate capital, concepts of equity shares will be understood thoroughly by the students. Second, the business entity will get enough capital for diversification.
Section J: Financial Management
11.
What is your method of record-keeping and how are you going to improve your financial management processes? (5)
Maintenance of records has always been a forte of Creative Connections.
This year we have switched from functional organizational structure into divisional organizational structure where each division will maintain its record.
And to give the final report, all will be compiled together to calculate the profits and make a balance sheet/ spreadsheet. However the methodology will be common for all the divisions.
Journal entries will be done as per the date of transaction in order to have well maintained records.
While allocating finance, due consideration will be given to the requirement of each product.
Section K: Sustainability and Business Development
12.
How will you keep your business running after this school year?
Creative Connections has been exploring different arenas to let students know the varied range of possibilities to become entrepreneurs self sufficient. To ensure sustainability we take help of
Alumni. They come and share their experiences related to competitions, different obstacles they faced and how they overcome, with the new entrants who join the business enterprise in the month of April- May i.e. commencement of the business competition every year.
Parents too, who are in the same line of business will be requested to come and enrich us with their valuable suggestions to make it better than the best.
13.
Where do you see the business in 5 years?(5)
Creative Connections with the present product range definitely seems to be quite promising in next five years as most of the product range is need based. Along with the present range, following is the five year plan of Creative Connections-
To include new range of herbal products with some medicinal properties as well like neem oil, oregano oil etc.
To expand herbal cosmetics like giving different shades in Lipstick, introduction of herbal soap.
Cater to a wider market with the help of goodwill earned by the team of Creative Connections
Last but not the least, high profits & fame which are the essentials of a good business.
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Appendix (OPTIONAL Bonus Points)
You can use this space to paste any items which support your business plan, e.g. a completed customer survey, a detailed competitor analysis, reports or photos (4 Photos MAX). (10 Bonus Points)
PART TWO
Financial Plan
This section will be awarded a total of 15 Points. These 15 Points will be allocated as follows:-
Section A (5), Section B+C+D (5), Section E+F+G (5), Section H+I.
Local Currency used (E.g. Indian Rupees)
Exchange rate to US Dollars (E.g. 1 US $ = 59.7
Indian Rupees)
Period of time budgeted for (E.g. 3 months)
63.50
5 Months
Section A: Business Development Budget (Estimated)
1.
Please list all your Business Development Costs.
Business Development
Equipment
Quantity Unit Cost
Gas cylinder
Gas burner
Business Development
Supplies/Expenses
Stationary items
A.
Pens
B.
Pencils
C.
Erasers
D.
Glitter pens
E.
Sharpeners
F.
Fevistick
Food corner
A.
Sugar
B.
Fruit (plum, lemon, mango)
Lipstick
Coconut oil
Cocoa butter
Shea butter
1
1
Quantity
4 packets
3 packets
3 packets
4 packets
2 packets
5 kg
10 kg
400
1000
Unit Costs
40/pack
25/pack
18/pack
60/pack
40/pack
28
40
Total Costs of your
Equipment (Quantity x Unit
Cost)
400
1000
1400
Total Costs of your Supplies/
Expenses (Quantity x Unit
Costs)
160
75
54
240
80
440
140
400(Average cost of fruits is taken)
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Glycerine
Coke powder
Room freshener
Flower petals
Container for freshner
1 kg
Total Business Development Budget
(Add your Total Costs Together)
250
Local Currency
250
Old bottles and jars from students are collected.
1639
3039 In US Dollars $
1.
Fixed cost is almost negligible as the parents and school are generous enough to provide us with the required support in the form of things like steel glasses, glass bottles, containers.
2.
Production of gel candles and lipsticks will be start in the month of august so the profits earned till that time will be used to buy the supplies.
Section B: Income (Estimated)
2.
Please list all the products or services that your business will sell during the budget period.
Please tell us the amount you think you will sell and the price at which you will sell them.
Sales Price Name of Product or service
Pens
Pencils
Erasers
Glitter pens
Sharpeners
Fevistick
Folders
Money envelopes
Gel candles
Book marks
Fruit drinks(plum,
Quantity
1500
1000
600
350
250
500
600
1200
250
300
5000 glasses lemonade, mango)
Herbal Lipstick
Room freshener
80
100 bottles
Total Income
(Add all the ‘Sales Income’ together)
3
15
15
8
10
5
3
10
150
5
10
250
100
Local Currency
In US Dollars $
Sales Income (Quantity x
Sales Price)
15000
5000
1800
3500
750
7500
9000
4800
1500
50000
20000
10000
128850
2029.06
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Section C: Direct Costs (Estimated)
3.
Please list all of the items you will need to buy in order to make or provide each product or
service.
Name of Item Quantity Unit Cost Total Costs (Quantity x Unit
Cost)
Product/Service 1 : Stationery items
Pens
Pencils
300 packets
100 packets
Erasers
Glitter pens
Sharpeners
Fevistick
30 packets
35 packets
12 packets
30 boxes
Product/Service 2 : Art/Craft items
Recycled sheets 1500
40/pack
25/pack
18/pack
60/pack
40/pack
220/pack
-
12000
2500
540
2100
480
6600
Decorative material
Colors
Fevicol
Gel and candles
Glasses(small)
Aroma oil
Wick
Gas cylinder
-
15 packets
1 kg
20 kg
270
5 bottles
25 metre
-
Product / Service 3 : Food Corner
Lemon
Fruits(Plum, Mango,
50 kg
50 kg
Orange, Apple,
Mausmi)
Sugar 50 kg
Product/Service 4 : Lipstick
Coconut oil 250 grams
Cocoa butter
Shea butter
Glycerine
Coke powder
250 grams
250 grams
100 grams
250 grams
-
20
200/kg
200/kg
10
125/bottle
10/metre
-
40
40
25
300/kg
1000/kg
1400/kg
1000/kg
2000/kg
90
250
350
100
500
Available from school’s recycling machine
2000
300
200
4000
2700
625
250
200
2000
2000
750
Product/service 5 :
Room Freshner
Flower petals 250 grams 5/kg
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750
Total Direct Cost Local Currency
(add up the total cost)
In US Dollars $
41285
650.13
Section D: Gross Profit (Estimated)
4.
Please calculate your Gross Profit in your Local Currency and then convert it to US Dollars $.
Calculation
Total Sales Income
Total Direct Costs
Gross Profit
(Total Sales Income – Total Direct Costs)
Local Currency
128850
41285
87565
2029.06
650.13
1378.92
US Dollars $
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Section E: Indirect Costs (Estimated)
5.
Please list all of your Indirect costs
Name of item Quantity Unit Cost
Advertisement
Sales Promotion
Transportation
Total Indirect Costs
(Add up all the Total Costs)
-
-
-
-
-
-
Local Currency
In US Dollars $
Total Costs (Quantity x Unit
Cost)
700
3000
3500
7200
Section F: Net Profit (Estimated)
6.
Please calculate your Net Profit in your local currency and convert this to US Dollars.
Calculation Local Currency
87565
US Dollars $
1378.92 Gross profit
Total Indirect Costs
Net Profit (Gross Profit – Total Indirect Costs)
7200
80365
113.38
1265.54
Section G: Additional Capital Required
7.
Please calculate how much, if any, additional capital you need to raise to develop your business.
Please note: you may not need additional capital if your Business Development Budget is less than the profit you have available to fund your business development.
Local Currency US Dollars $ Calculation a.
Net Profit last year b.
Profit from last year used for other purposes e.g. donation to charity c.
Profit from last year available to fund business development (a-b) d.
Business Development Budget e.
Additional Capital Required ( d-c )
68495
21000
47495
3039
Nil
1078.62
330.70
747.92
47.86
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Section H: Pay Back Period (OPTIONAL)
8.
Please calculate the Pay Back Period for your Business Development Budget a. Budget Period E.g. 4 months b. Net Profit c. Average Net Profit per month ( b / a ) d. Business Development Budget e. Pay Back Period ( d / c )
Section I: Product Profitability (OPTIONAL)
9.
Please complete the following Product Profitability Worksheet for each Product or Service you are selling. We have provided you with two worksheets, however please add additional sheets if necessary. For this section ‘Product’ refers to the Product or Service that you are selling.
Name of product
Sales price of product
Predicted Amount of Sales
Total Sales Income of product (Sales Price x
Amount)
Product / Service 1
Direct Costs Quantity Unit Cost
Total Direct Costs for Product 1
Total Cost
Profitability
Gross Profit of Product (Total Sales Income for
Product – Total Direct Costs for Product)
Direct Cost per Product Item (Total Direct Cost for Product ÷ Amount produced of Product)
Percentage Profitability (Sales price for Product
– Direct Cost per Product Item) x 100 ÷ Sales
Price
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Name of product
Sales price of product
Predicted Amount of Sales
Total Sales Income of product (Sales Price x
Amount)
Product / Service 2
Direct Costs Quantity Unit Cost
Total Direct Costs for Product 2
Total Cost
Profitability
Gross Profit of Product (Total Sales Income for
Product – Total Direct Costs for Product)
Direct Cost per Product Item (Total Direct Cost for Product ÷ Amount produced of Product)
Percentage Profitability (Sales price for Product
– Direct Cost per Product Item) x 100 ÷ Sales
Price
Product Profitability Summary
Additional Comments: If you have any additional comments about your Financial Plan please put them in here:
CONGRATULATIONS on writing your Business Development Plan! You have completed Stage 2!
Submit NOW!
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