New Business Plan Project

8/2/2019 New Business Plan Project

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Task Name Duration Start Finish

Phase 1 - Strategic Plan 23 days Mon 1/3/00 Wed 2/2/00

Self-Assessment 3 days Mon 1/3/00 Wed 1/5/00

Define business vision 1 day Mon 1/3/00 Mon 1/3/00

Identify available skills, information and support 1 day Tue 1/4/00 Tue 1/4/00

Decide whether to proceed 1 day Wed 1/5/00 Wed 1/5/00

Define the Opportunity 10 days Thu 1/6/00 Wed 1/19/00

Research the market and competition 1 day Thu 1/6/00 Thu 1/6/00

Interview owners of similar businesses 5 days Fri 1/7/00 Thu 1/13/00

Identify needed resources 2 days Fri 1/14/00 Mon 1/17/00

Identify operating cost elements 2 days Tue 1/18/00 Wed 1/19/00

Evaluate Business Approach 4 days Thu 1/20/00 Tue 1/25/00

Define new entity requirements 1 day Thu 1/20/00 Thu 1/20/00

Identify on-going business purchase opportunities 1 day Fri 1/21/00 Fri 1/21/00

Research franchise possibilities 1 day Mon 1/24/00 Mon 1/24/00

Summarize business approach 1 day Tue 1/25/00 Tue 1/25/00

Evaluate Potential Risks and Rewards 7 days Fri 1/21/00 Mon 1/31/00Assess market size and stability 2 days Fri 1/21/00 Mon 1/24/00

Estimate the competition 1 day Tue 1/25/00 Tue 1/25/00

Assess needed resource availability 2 days Wed 1/26/00 Thu 1/27/00

Evaluate realistic initial market share 1 day Fri 1/28/00 Fri 1/28/00

Determine financial requirements 2 days Wed 1/26/00 Thu 1/27/00

Review personal suitability 1 day Fri 1/28/00 Fri 1/28/00

Evaluate initial profitability 1 day Mon 1/31/00 Mon 1/31/00

Review and modify the strategic plan 2 days Tue 2/1/00 Wed 2/2/00

Confirm decision to proceed 0 days Wed 2/2/00 Wed 2/2/00

Phase 2 - Define the Business Opportunity 27 days Thu 2/3/00 Fri 3/10/00

Define the Market 13 days Thu 2/3/00 Mon 2/21/00

Access available information 1 day Thu 2/3/00 Thu 2/3/00

Create market analysis plan 2 days Fri 2/4/00 Mon 2/7/00

Implement market analysis plan 5 days Tue 2/8/00 Mon 2/14/00

Identify competition 2 days Tue 2/15/00 Wed 2/16/00

Summarize the market 2 days Thu 2/17/00 Fri 2/18/00

Identify target market niche 1 day Mon 2/21/00 Mon 2/21/00

Identify Needed Materials and Supplies 7 days Tue 2/22/00 Wed 3/1/00

Select a business approach (from "Evaluate Business

Approach" above)2 days Tue 2/22/00 Wed 2/23/00

Identify management staff resources 1 day Thu 2/24/00 Thu 2/24/00

Identify staffing requirements 1 day Fri 2/25/00 Fri 2/25/00

Identify needed raw materials 1 day Mon 2/28/00 Mon 2/28/00

Identify needed utilities 1 day Tue 2/29/00 Tue 2/29/00

Summarize operating expenses and financial projections 1 day Wed 3/1/00 Wed 3/1/00

Evaluate Potential Risks and Rewards 6 days Thu 3/2/00 Thu 3/9/00

Assess market size and stability 2 days Thu 3/2/00 Fri 3/3/00

Assess needed resources availability 2 days Mon 3/6/00 Tue 3/7/00


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Forecast financial returns 2 days Wed 3/8/00 Thu 3/9/00

Review and modify the business opportunity 1 day Fri 3/10/00 Fri 3/10/00

Confirm decision to proceed 0 days Fri 3/10/00 Fri 3/10/00

Phase 3 - Plan for Action 21 days Mon 3/13/00 Mon 4/10/00

Develop Detailed 5-Year Business Plan 21 days Mon 3/13/00 Mon 4/10/00

Describe the vision and opportunity 1 day Mon 3/13/00 Mon 3/13/00

List assumptions 1 day Tue 3/14/00 Tue 3/14/00

Describe the market 1 day Wed 3/15/00 Wed 3/15/00

Describe the new business 1 day Thu 3/16/00 Thu 3/16/00

Describe strengths, weaknesses, assets and threats 1 day Fri 3/17/00 Fri 3/17/00

Estimate sales volume during startup period 1 day Mon 3/20/00 Mon 3/20/00

Forecast operating costs 1 day Tue 3/21/00 Tue 3/21/00

Establish pricing strategy 1 day Wed 3/22/00 Wed 3/22/00

Forecast revenue 1 day Thu 3/23/00 Thu 3/23/00

Summarize pro-forma financial statement 2 days Fri 3/24/00 Mon 3/27/00

Develop break-even analysis 1 day Tue 3/28/00 Tue 3/28/00

Develop cash-flow projection 1 day Wed 3/29/00 Wed 3/29/00

Identify licensing and permitting requirements 1 day Thu 3/30/00 Thu 3/30/00

Develop startup plan 2 days Fri 3/31/00 Mon 4/3/00

Develop sales and marketing strategy 1 day Tue 4/4/00 Tue 4/4/00

Develop distribution structure 1 day Wed 4/5/00 Wed 4/5/00

Describe risks and opportunities 2 days Thu 4/6/00 Fri 4/7/00

Publish the business plan 1 day Mon 4/10/00 Mon 4/10/00

Confirm decision to proceed 0 days Mon 4/10/00 Mon 4/10/00

Phase 4 - Proceed With Startup Plan 53 days Tue 4/11/00 Thu 6/22/00

Choose a location 1 day Tue 4/11/00 Tue 4/11/00

Establish Business Structure 24 days Wed 4/12/00 Mon 5/15/00

Choose a Name 2 days Wed 4/12/00 Thu 4/13/00

Identify implications 1 day Wed 4/12/00 Wed 4/12/00

Research name availability 1 day Thu 4/13/00 Thu 4/13/00

Choose a Bank 5 days Fri 4/14/00 Thu 4/20/00

Establish accounts 4 days Fri 4/14/00 Wed 4/19/00

Establish line of credit 1 day Thu 4/20/00 Thu 4/20/00

Choose legal representation 1 day Fri 4/21/00 Fri 4/21/00

Select business tax-basis category 2 days Mon 4/24/00 Tue 4/25/00Choose capital funding source 2 days Wed 4/26/00 Thu 4/27/00

Commit capital funding 0 days Thu 4/27/00 Thu 4/27/00

Establish the Operating Control Base 12 days Fri 4/28/00 Mon 5/15/00

Choose and set up the accounting system 2 days Fri 4/28/00 Mon 5/1/00

Obtain required licenses and permits 4 days Tue 5/2/00 Fri 5/5/00

Obtain needed insurance 4 days Mon 5/8/00 Thu 5/11/00

Establish security plan 2 days Fri 5/12/00 Mon 5/15/00

Develop Marketing Program 4 days Thu 4/13/00 Tue 4/18/00


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Establish an advertising program 2 days Thu 4/13/00 Fri 4/14/00

Develop a logo 1 day Mon 4/17/00 Mon 4/17/00

Order promotional materials 1 day Tue 4/18/00 Tue 4/18/00

Provide Physical Facilities 15 days Tue 5/16/00 Mon 6/5/00

Secure operation space 5 days Tue 5/16/00 Mon 5/22/00

Select computer network hardware 1 day Tue 5/23/00 Tue 5/23/00

Select computer software 1 day Wed 5/24/00 Wed 5/24/00Establish utilities 3 days Thu 5/25/00 Mon 5/29/00

Provide furniture and equipment 4 days Tue 5/30/00 Fri 6/2/00

Move in 1 day Mon 6/5/00 Mon 6/5/00

Provide Staffing 40 days Fri 4/28/00 Thu 6/22/00

Interview and test candidates 14 days Fri 4/28/00 Wed 5/17/00

Hire staff 10 days Thu 5/18/00 Wed 5/31/00

Train staff 16 days Thu 6/1/00 Thu 6/22/00

Start up the business 0 days Thu 6/22/00 Thu 6/22/00


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Predecessors Resource Names Legends

owners

3 Business Advisor,Manager

4 owners

5 Business Advisor

7 owners

8 Business Advisor,Peers

9 Accountant

Start date

10 Manager End date

12 Manager

13 Manager Hours each day

14 Manager Total hours

Total days12 Business Advisor Total months

17 Business Advisor

18 Business Advisor interiors

19 Business Advisor equipments

15 Business Advisor rent per month

21 Manager

22 Manager

23

24

25 Business Advisor

28 Business Advisor

29 Business Advisor

30 Business Advisor

31 Business Advisor

32 Business Advisor

28SS,33 Manager

35 Manager

36 Manager

37 Manager

38 Manager

39 Manager

40 Manager

42 Manager


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43 Accountant

44

45

Business

Advisor,Peers,Lawyer,Account

ant

46 Business Advisor

49 Business Advisor

50 Business Advisor

51 Business Advisor

52 Business Advisor

53 Business Advisor,Accountant

54 Business Advisor,Accountant

55 Business Advisor

56 Business Advisor

57 Business Advisor

58 Business Advisor

59 Business Advisor

60 Business Advisor

61 Business Advisor

62 Business Advisor

63 Business Advisor

64 Business Advisor

65 Business Advisor

66 Business Advisor

67

69 Lawyer

72 Lawyer

73 Banker

75 Banker

Lawyer

77 Lawyer,Accountant78 Manager

79 Manager

79,80 Accountant

82 Lawyer,Government Agency

83 Accountant

84 Business Advisor,Lawyer


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Business Advisor

87 Business Advisor,Lawyer

88 Business Advisor

85,89 Lawyer

91 Information Services

92 Information Services93 Manager

94 Manager

95 Manager

79 Manager

98 Manager

99 Manager

96,100 Manager


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Main phases or Work activity

Sub-activites under Main phases

Important work activity under sub-activites

Project details

1/3/2000

6/22/2000

11 hours

1368 hours

124 days4.1 months

2500000 rs

7000000 rs

100000 rs starts after start up plan

Documents

New Business Plan Project