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Religare Finvest Limited Building A Business Plan Must for an SME
| Date post: | 20-Dec-2014 |
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Religare Finvest Limited
Building A Business Plan
M u s t f o r a n S M E
Need For A Business Plan?
Purpose
Roadmap
Outlines the roadmap to achieve
both short & long term objectives
Helps present business strategies to external audiences to generate funding.
Provides an operational framework that allows business to enjoy distinct competitive advantages
States a company’s vision, mission and financial goals and helps sharpen business focus.
We offer a complete suite of financial products
Competitive Advantage
Prioritize
Generate Funding
Objective
T h r e e K e y B e n e f i t s
Creating a Business Plan…
Key Components of a Business Plan
Making a business plan plays a pivotal role in the success of the firm and thus needs to be followed with a scientific approach
Executive Summary
Vision & Mission
Growth Prospects
Should be the reflection of the business and help understand the key facts about the business .
This section outlines vision & mission clearly and provides description of business structure.
Define market size, structure, growth prospects. List out the key competitors in the market, and assessing their relative strengths and weaknesses
1.
2.
3.
Key Components of a Business Plan
Products & Services
Sales & Marketing
Operations
This section contains the description of the products and services that the business will supply to its customers.
This section, should detail out one’s sales and distribution plans.
This section details out the manufacturing or service delivery process, including what equipment or machinery will be used, etc.
4.
5.
6.
Making a business plan plays a pivotal role in the success of the firm and thus needs to be followed with a scientific approach
Key Components of a Business Plan
A well structured plan helps understand all aspects of the business.
Business plan helps gauge actual performance against business goals.
Organization Structure
Financial
Detailing the organization structure, roles and responsibilities of senior management and the overall manpower requirements.
This section is the backbone of the plan as the overall capability of the business is mirrored here. Sound financials are key to raising capital in the form of equity or for obtaining loans.
7.
8.
Making a business plan plays a pivotal role in the success of the firm and thus needs to be followed with a scientific approach
Reviewing Business Plan…
Reviewing Business Plan
Review your plan regularly
Valid only for a finite period: 1-2 years at best
Adapting to changing market conditions
Helps frame an action plan for the next steps
Validity…
Seeking Help…
Getting Help…
Professional help
Chartered Accountants Qualified Consultants Banks or NBFCs
W h o C a n H e l p
Self-help gives a great insight into your business
Kavi Arora
Kavi Arora is Managing Director & Chief Executive Officer at Religare
Finvest Limited managing the Small and Medium Enterprises (SME)
focused commercial lending business.
With a commitment to helping realize the dreams of India’s
entrepreneurs, he spear heads the company’s vision of partnering with
their clients as they grow to new heights. Imbibing his vision of ‘In The
Customers Success Lies Our Success’, Religare Finvest Limited has
achieved a commendable success.
About the Author…
Read the complete article at: http://www.religarefinvest.com/admin/Resources/Project_Pdf_File/12MSME_Business_July_2012.pdf
+91-9582218813 – Mohit Gupta
Thank You
