Business Plan

 Business Planning Guide

The business planning guide provided in this PDF file has been prepared to assist business start-ups of up to $10,000 and/or single purchase low risk projects. Businesses requiring larger capital start up financing should refer to the business plan terms of reference below as well as speak to a business development officer.  

 

A well prepared business plan will improve your chance for success. It is absolutely necessary because it serves to justify the business proposal, as well as to convince the lending officer that you have thoroughly researched and planned for your new/existing business.

 

The following Terms of reference are key areas that should be included within your business plan when making your submission.

 

The client shall develop a business plan that will be ready for presentation to potential financing sources and will conform to waubetek guidelines. specifically, the business plan shall include (but not limited to) the following components:

 

1. Table of Contents

2. Executive Summary

3. Organization & Management

4. Operations Strategy

5. Human Resources/Labour Requirements - employee’s you have? Number you will need?

6. Market Analysis & Marketing Plan - highlight current/potential contracts 

    i Market Size & Growth

    ii Product Line

    iii Competition

    iv Competitive Advantages

     v Market Share

    vi Pricing Strategy

   vii Promotion Strategy

7. Financial Plan

    i Capital Requirements - detail all costs

    ii Financing Sources - detail financing (client equity, loan and other)

    iii Pro Forma monthly cash flow statement for year 1 

    iv Pro Forma income statements for three years 

     v Pro Forma balance sheets for three years

8. Regulatory Considerations

    i Local Regulations

    ii Provincial Regulations

    iii Federal Regulations (if applicable)

    iv Environmental Assessment (environmental screening form)

9. Implementation Plan For Recommendations

    i Immediate Action

    ii Short Term Action

    iii Long Term Action

10. Other as Determined Necessary

 

All records and documentation will be considered confidential. The business plan and funding proposal must be completed satisfactory to WAUBETEK requirements. If you have any questions regarding the requirements please contact your Business Development Officer prior to proceeding with writing your business plan. Please note that Aboriginal Business Canada provides contributions based on percentages of costs, please contact your officer to review.