Five Crucial Components of a Business Plan

The format of a Business Plan is something that has been developed and refined over the years and is something that should not be changed. Like a good recipe, a business plan needs to include certain ingredients to make it work.

When you create a business plan, dont attempt to recreate its format. Those reviewing this type of document have expectations you must meet. If they do not see those crucial decision-making components, theyll see no reason to proceed with their review of your business plan, no matter how great your business idea.

Executive Summary Section

Every business plan must begin with an Executive Summary section. A well-written Executive Summary is critical to the success of the rest of the document. Here is where you need to capture the attention of your audience so that they will be compelled to read on. Remember, its a summary, so each and every word must be carefully selected and presented.

Use the Executive Summary section of your business plan to accurately describe the nature of your business venture including the need that you plan to fill. Show the reasons why people need your product or service. Show this by including a brief analysis of the characteristics of your potential market.

Describe the organization of your business including your management team. Also, briefly describe your sales and marketing plan or approach. Finally include the numbers that those reviewing your business plan want to see the amount of capital you seek, the carefully calculated sales projections and your plan to repay the loan.

If youve captured your audience so far theyll read on. Otherwise, theyll close the document and add your business plan to the heap of other rejected ideas.

Devote the balance of your business plan to providing details of the items outlined in the Executive Summary.

The Business Section

Be sure to include the legal name, physical address and detailed description of the nature of your business. Its important to keep the description easy to read using common terminology. Never assume that those reading your business plan have the same level of technical knowledge that you do. Describe how you plan to better serve your market than your competition is currently doing.

Market Analysis Section

An analysis of the market shows that you have done your homework. This section is basically a summary of your Marketing Plan. It needs to show the demand for your product or service, the proposed market, trends within the industry, a description of your pricing plan and packaging and a description of your company policies.

Financing Section

The Financing section must show that you are as committed to your business venture as you expect those reading your business plan to be. Show the amount of personal funds you are contributing and their source. Also include the amount of capital you need and your plan to repay this debt. Include all pertinent financial worksheets in this section: annual income projections, a break-even worksheet, projected cash flow statements and a balance sheet.

Management Section

Outline your organizational structure and management team here. Include the legal structure of your business whether it is a partnership, corporation or limited liability corporation. Include resumes and biographies of key players on your management team. Show staffing projection data for the next few years.

By now youre probably thinking that you dont need Business Plan just yet. Well you do, and there is business plan building software that can help you through this immense project. These software packages are easy to use and affordable. Use one today and produce a professional-quality Business Plan including all critical components tomorrow!

Copyright 2004 Cavyl Stewart. Get more software tips, strategies and recommendations to help you create your business plan by signing up for my Exclusive 100% free, 100% original content ecourse: "How To Failure-Proof Your Business Instantly." To sign up please visit: http://www.find-small-business-software.com/bizplan-ecourse.html

Health Education - The Key to a Healthy Life

Have you ever wondered why in spite of all your efforts you cannot stay absolutely fit and healthy, the way you have always dreamt to be? The answer is simple, due to our lack of knowledge about health and the human anatomy system. The more knowledge and understanding of the human anatomy we will have the easier it would be for us to remain healthy and fit.

According to a recent study, a vast majority of the American population are health illiterate. They either do not have enough health information or they are unable to interpret the available health information to control their health and maintain optimum fitness. It also showed, lack of information to be the most important factor contributing towards the majority deaths. Moreover, it was also determined that our illness are primarily a result of stress, food, environment, attitude, emotions or beliefs that triggers certain unhealthy behavior. So, to stay fit we need to refrain from such unhealthy behaviors and that can be distinguished only when there is enough information for us to differentiate between a healthy and harmful behavior. From this, the easiest and most important conclusion that we can arrive at is that we need more information about our health and the human anatomy.

Now, the second question is, do we really try to get enough health information? Today when the entire world is connected through the information highway on the internet it is really difficult to find a good reason for this lack of knowledge. Today more than 60% of the American adult population has access to the internet which is full of websites that would educate anyone about the details of health and human anatomy. There are even sites that provide you with anatomy animation that is both interesting and easier to understand the functioning of the human anatomy system. When medical students can use resources like this why dont we spend some time looking at these things? Animations of cardiovascular system or the animated display of how our eye works would definitely help anyone to have a better understanding of the systems and accordingly modify their behavior to remain fit and healthy.

A basic idea of cardiac physiology can be highly effective in understanding the detail of the simultaneous pressure characteristics in the heart (left atrium and left ventricle) and the blood flow through the different blood vessels during a cardiac cycle. In this rising trend of cardiac failures and increasing heart problems a basic understanding of the cardiovascular system can definitely be a major help to maintain a healthy body.

We must understand staying healthy is not difficult, all it requires is a bit of understanding of the human anatomy, how the different systems within our body work and some information on how we can make them work even better. We should make it a point to cultivate healthy habits that would help us to obtain the maximum level of fitness.

Ray Smith is a marketing expert with years of experience in different industries and specialized knowledge on branding and internet marketing. He also undertakes content writing jobs on a freelance basis. Anatomy Animation - human anatomy through animation.

Get Up, Get On And Get Off - The Early Bird Catches The Record Deal!

Imagine thisyoure in the local hospitals pre-op ward waiting for the removal of your pesky rupturing appendix. You wait and wait in side splitting agony while your doctor chats it up with the nurses, gathering phone numbers from the hot ones. After what seems forever, he gets you prepped and begins the surgery. What should have been a 20-minute procedure turns into two hours.

He cracks jokes and talks about his cherry red Ferrari, while youre lying unconscious with your abdomen split open. Finally, youre sewn up and ready for recovery but super surgeon and his crack anesthesiologist are having a heated discussion about the science of their golf games and have seeming forgotten youre passed out underneath them with tubes stuck in every orifice. If this were your surgery experience, youd freak out, sue the hospital and your hot-shot doc would wind up cleaning bedpans at the state convalescent hospital.

Sadly, like our skirt-chasing doc, many musicians think that the consequences of their actions are immaterial and treat their audience with the same lackadaisical disregard that the before-mentioned doctor treated his poor patient with. These selfish creative types show up to gigs late, set up at their own leisure (roughly the same pace that a 100 year-old tortoise would run the Boston marathon), play as long of a set as they please (regardless of their designated set time) and break down/clear the stage at their own whim with little or no regard to the clubs schedule.

However, if you asked any of these artists, they would say that they consider music to be their careerand shouldnt a career be treated with the same importance and professionalism whether youre a budding rockstar or an established surgeon? It should, but often its not and bands then find their reputations are tarnished with labels like: slow, lazy, and irresponsible simply because they seem unable to get their show on (and off) in a timely manner. Get branded as a slovenly flake and watch the music industry folks jump ship faster than the rich ladies on the Titanic.

The following are a few tips that will help you to get up, get on and get off in a timely, professional manner that will impress the powers-that-be and leave you fans wanting more:

1.)Have Everything Set Up Before You Set Up---Its not like you just found out you were playing five minutes before. Gigs are booked days, weeks or months in advance so theres no reason not to be well informed and well equipped prior to your arrival and set up. Guitars and drums should be tuned, drum kits and guitar pedals set up and dialed in, and song lists printed and distributed so that set up time is minimal.

Once the stage is free, a professional band will simply haul their gear onstage, plug it in, and do a few last minute tweaks before theyre ready to rock and roll. The ancient tortoise rockers, however, will plunk the road cases down on the stage and then force friends, fans and industry alike twiddle their musical thumbs in anticipation while each piece of gear is pulled out, unwrapped, wiped off, place into position and screwed in slowly but surely. Truthfully, its about as interesting as watching paint dry without the guilty pleasure of getting high off the fumes.

2.)Sound Check/Line Check Is Not A Mini Concert---You may view your sound check as the concert before the concert but youre not making any friends dragging out your sound check to an hour and a half while bands are lined up out the door waiting to set up their own gear and check their sound. Same goes for the line check. You may be surprised to know that audiences arent all that excited to sit and listen to you work out your live sound in front of their eyes and on their time. Save the lengthy tune-up and checking for the Making Of The Band video. Get your levels quick and get to rockin!

3.)Plan Out Your Set Time Well Before Your Set---The key to a tight set is the prep work that goes on before the night of the gig. Many artists believe that the longer theyre onstage the more the audience gets revved up, but there is something to be said about too much of a good thing. Plan out your set, time it and then time it again and make sure that it comes in a few minutes under your designated set list time. Little passive aggressive tricks like cramming in two or three extra songs at the end of the set or coaxing your friends into screaming for an encore only serves to enrage your sound man and confuse your crowd and extensive tuning and chatting amongst yourselves and audience members in between songs is just plain tedious. The tighter your set is the more professional it sounds to the ears of your audience and the happier youll make your bookers, promoters and club owners.

4.)Tear Down Should Be The Quickest Of All---If you thought your set up was quick, your bands tear down should be lightning fast in comparison. So much time is wasted every night at a music venue as musicians dawdle after their sets, drinking and chatting with friends, while their gear lies piled up onstage, preventing the next artists from getting set up. Pick up your instruments, haul them of stage, and take them outside or into the green room. There you can wrap your gear up, clean it off, and pack it away into cases and into your cars. Then, its time to toss back a few beers and gab with the masses until closing time, without interrupting the flow of the evening.

Imagine thisyoure in a local club waiting to check out an act your label has sent you to scout. You wait and wait in growing more bored and more drunk while the band youve been sent to see chats it up with the women in the room, giving t-shirts and CDs to the really hot ones. After what seems like forever, the bands takes the stage and begins their set. What should have been a 30-minute showcase turns into an hour or more as the band plays a loose set, stopping often to tune, complain about the sound, yell to the bartender for drinks and crack jokes with select audience members; while you sit unimpressed trying to get a feel for the bands style. Finally, their set ends and you wait to approach the band on behalf of your label but these super rockstars are still onstage wrapping up endless cords and wiping down each piece of gear while they chat with each other about how much their set rocked.

If this were youre A&R experience, youd give up waiting to speak with these lazy musicians, go back to your label and tell them to forget about this particular band and these hot-shot rockstars will wind up working at Starbucks until they go on Social Security. This doesnt have to happen to you. Learn to get up, get on and get off. Youll soon have the reputation as an easy-to-work-with, professional, reliable band. After all, you never know who might be in the audience to see you on any given night.

Sheena Metal is a radio host, producer, promoter, music supervisor, consultant, columnist, journalist and musician. Her syndicated radio program, Music Highway Radio, airs on over 2,400 affiliates to more than 126 million listeners. Her musicians assistance program, Music Highway, boasts over 10,000 members. She currently promotes numerous live shows weekly in the Los Angeles Area, where she resides. For more info: http://www.sheena-metal.com