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It covers what to include in an executive summary, how to fill out business information, and prompts for background, management, competition, pricing, marketing strategy, and operations planning. 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It should be written to explain to someone who knows nothing about you or your idea. The business plan will assist you to think of areas in running your business you may not have thought through. It is a good planning document and it will detail to any investors/lenders why you think your business will be a success. There are many resources on-line to assist with the completion of your business plan.  \nExecutive Summary  \nAlthough this is the first page of the Business Plan it is the last page to be completed. It should be short and describes your business or business idea; the highlights of the business plan, including a short summary of the financial projections; and a summary of how it is to be financed.  \n\n| Executive Summary: describe the highlights of your business and a summary of your proposal |\n| --- |\n| . |\n|  |\n|  |\n|  |\n|  |\n|  |\n|  |\n| _____________________________________________________________________________________________________ |\n\n\n| Business Information: |  |\n| --- | --- |\n| Business name: | Business legal name: |\n| Type of Business ownership:\u003Cbr>¨ Sole proprietorship (owned just by you)\u003Cbr>¨ Partnership (owned by you and a partner)\u003Cbr>¨ Incorporation (limited company separate from you) | Business owner(s): state names & ownership %’s |\n\nIWE Micro-loan Business Planning Guide  \n2  \n\n| Business Information: |  |\n| --- | --- |\n| Business address: | Business phone number:\u003Cbr>Business fax number: |\n| Business e-mail address:\u003Cbr>Business website address: | Contact person: |\n\n\n| Background: Where did your business idea come from, why do you think your business will succeed, provide an overview of the industry in which your business will compete? |\n| --- |\n|  |\n|  |\n|  |\n|  |\n|  |\n|  |\n|  |\n|  |\n\n\n| Management: Providea description of the proposed management team including names, titles,duties, experienceandqualifications of each. Who will keep financial records for the business? |\n| --- |\n|  |\n|  |\n|  |\n\nIWE Micro-loan Business Planning Guide 3  \n| \u003Cbr>Competition: Identify the major competitors in your market areaand your competitive strengths. |\n| --- |\n|  |\n|  |\n|  |\n|  |\n|  |\n|  |\n\nIWE Micro-loan Business Planning Guide 4  \n\n| Pricing: Outline what your pricing structure will be and how it was arrived at? |\n| --- |\n|  |\n|  |\n|  |\n|  |\n\n\n| Marketing Strategy: how do you propose to market your products and services to your proposed customers using what mediums? What will be your marketing budget? |\n| --- |\n|  |\n|  |\n|  |\n|  |\n\n\n| Operations Plan: describe your proposed operations: location, hours of operation, suppliers, equipment, inventory, parking, number of employees, production processes, bookkeeping, etc.. |\n| --- |\n|  |\n|  |\n|  |\n|  |\n|  |\n|  |\n|  |\n\nIWE Micro-loan Business Planning Guide 5  \n\n|  |\n| --- |\n|  |\n|  |\n|  |\n\n\n| Licenses and Permits |\n| --- |\n| Business License-Do you have your current license from the local government?   |\n| Name Search/Registration – Unless your business is a sole proprietorship operating under your own name you must register the business name. Have you done a name search & registered your business name.   |\n| GST – If you expect revenues of $30,000 or more it is required, otherwise it is voluntary. Have you registered?   |\n| Revenue Canada – If you have employees you will require an Employer Registration number? Do you have one?  |\n| WCB-Do you require a Worker’s Compensation Board assessment number? How much will the premiums be?   |\n| Zoning-What zoning regulations apply to your business? How will you be affected? |\n| Are there any special licenses that are required for your business?   |\n| What types of insurance will you need? How much does each type cost?   |\n\nIWE Micro-loa","cbCaia4WYLpgs7o7","https://ap.wps.com/l/cbCaia4WYLpgs7o7","pdf",817333,10,"English","# Introduction\n## Executive Summary\n# Business Information\n## Background\n## Management\n## Competition\n## Pricing\n## Marketing Strategy\n## Operations Plan\n# Licenses and Permits\n## Financial\n## Cash Flow Forecast\n### Explanation of Terms","[{\"question\":\"What is the purpose of the business plan in these guidelines?\",\"answer\":\"The business plan consolidates the entrepreneur’s research and plans for operating and managing the business, helping explain to investors or lenders why the business will succeed.\"},{\"question\":\"What information must be included in the executive summary?\",\"answer\":\"The executive summary should be short and describe the business idea, highlight key points, include a brief summary of financial projections, and summarize how the business will be financed.\"},{\"question\":\"How should the cash flow forecast be prepared?\",\"answer\":\"The forecast estimates cash-in from sales and cash-out from expenses and wages, emphasizing timing to avoid cash shortages and using reasonable, assumption-based sales projections that can vary by month.\"}]","INDIGENOUS WOMEN ENTREPRENEURS MICRO-LOAN FUND - PROGRAM GUIDELINES - BUSINESS PLANNING GUIDE AND CASH FLOW TEMPLATE | PDF",1789227860]