[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-355614-105":53,"doc-detail-355614-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","big-ideas-business-plan-competition-business-plan-template-7-page","Big iDeas Business Plan Competition - Business Plan Template - 7-Page","","Big iDeas Business Plan Competition provides a 7-page business plan template structured into ten essential sections. The outline guides writers to craft a compelling Executive Summary, a clear Company Overview, and a rigorous Industry Analysis covering market overview and relevant market size calculations. 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Each section is dedicated to essential information needed for writing the well thought out business plan.  \nFollow the outline to organize your thoughts and answer key questions needed to start and grow a successful business. Complete the sections one at a time to finish your entire plan effectively.  \nUse the Where should you look? sections to access resources available through SMU Libraries. You will be making assumptions, but need valid sources to justify them. If you need assistance with finding appropriate resources, Ask a Business Librarian.  \nPAGE 1  \nSection I: EXECUTIVE SUMMARY-Keep to one page!!!  \nThe Executive Summary is the most important part of your business plan. It must capture the readers’interest, or they will never get through rest of your plan.  \nStart your Executive Summary with a brief and concise explanation of what your company does.  \nNext, explain why your company is distinct from other competing businesses and qualified to succeed. For example, does your management team have unique competencies? Do you have patents? Are you the first mover in your market? Does a huge, unmet market opportunity exist? Do you have other compelling attributes?  \nFinally, include a synopsis of your financial projections. Specifically, include your expected revenues, expenses and profits for each of the next five years, how much funding you are seeking, and the key uses of these funds.  \nPAGES 2-7  \nSection II: COMPANY OVERVIEW  \nThe Company Overview provides a brief history of your company and answers questions such as when and how your organization was formed, what type of legal entity you are, and any accomplishments to date.  \nImportantly, your past accomplishments are the best indicator of potential future success, so be sure to identify and include all key milestones your company has achieved.  \nSection III: INDUSTRY ANALYSIS  \n1. Market Overview: The Market Overview section discusses the size and characteristics of your market. For example, if you are a restaurant, you would include the size of the restaurant market, a brief discussion of sectors (e.g., fast food versus fine dining) and market trends.  \n2. Relevant Market Size: The relevant market size is a much more specific calculation of your market size. It is the annual revenue your company could attain 100% market share. Your relevant market size is calculated by multiplying the number of customers who might be interested in purchasing your products and/or services each year by the amount these customers might be willing to spend, annually, on your products and/or services.  \nWhere should you look?  \n1. IBISWorld – Search by existing company, industry keywords, or NAICS codes (more on industry codes available here.  \n2. Mergent Intellect – Search by existing company in search box and then select the Industry Details tab to find First Research reports. You can also select First Research from the main page, click Submit, and then search for industry keywords or NAICS codes.  \n3. Mintel – Search for consumer-focused markets by keyword or look through the lists of reports by category.  \nTry all the sources listed in the Industries and Markets Research Guide. Different resources will vary in usefulness depending on the industry and market you are researching.  \nIf you need a specific market share, try Business Insights: Global. Use Advanced Search, enter Market Share Reporter as a publication title and your keyword(s) as a search term.  \nSection IV: CUSTOMER ANALYSIS  \n1. Target Customers: Your target customers section defines current and/or intended customers.  \nIdentify your customers by including as much demographic data on your target customers as possible, such as their gender, age, salary, geography, marital status and education.  \nWhere should you look?  \n1. American FactFinder – This","cbCaidaUXsqsKLsy","https://ap.wps.com/l/cbCaidaUXsqsKLsy","pdf",169290,"English","# Section I: EXECUTIVE SUMMARY\n## Section II: COMPANY OVERVIEW\n## Section III: INDUSTRY ANALYSIS\n## Section IV: CUSTOMER ANALYSIS\n## Section V: COMPETITIVE ANALYSIS","[{\"question\":\"What should the Executive Summary include in this template?\",\"answer\":\"It should be limited to one page, explain what the company does, show why the company is distinct and qualified to succeed, and provide a synopsis of financial projections for the next five years plus funding needs and key uses.\"},{\"question\":\"How does the template advise calculating relevant market size?\",\"answer\":\"It defines relevant market size as the annual revenue the company could attain with 100% market share, calculated by multiplying the number of potential customers by what they would likely spend annually.\"},{\"question\":\"Where should the writer look for industry and market research resources?\",\"answer\":\"The template points to sources such as IBISWorld, Mergent Intellect, Mintel, and Business Insights: Global, and recommends using the Industries and Markets Research Guide to evaluate which resources fit the research need.\"}]","Big iDeas Business Plan Competition - Business Plan Template - 7-Page | PDF",1790120158]