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All You Need to Know

Business Plan Preparation

A business plan is a detailed document that explains how a business intends to achieve its goals. It covers essential aspects like business objectives, products or services, revenue generation, management structure, financial planning, and operational strategies. Required for funding from banks or investors, a well-crafted business plan also acts as a strategic guide for new businesses.

The Importance of a Business Plan

  • Background of Founders: Detailed information about the founders’ experience and qualifications.
  • Business Model: An overview of how the business will operate and generate revenue.
  • Industry Analysis: An examination of the market landscape, including trends, opportunities, and challenges.
  • Market Positioning: Strategies for establishing the business’s place in the market.
  • Financial Projections: Estimates of financial performance, including income statements, cash flow forecasts, and balance sheets for several years.

Why a Business Plan is Essential

A business plan is crucial for entrepreneurs to reveal any flaws in their business concept, correct market assumptions, and refine their strategies. It includes the founders’ backgrounds, business model, industry analysis, market positioning, and financial projections for future years. Venture capitalists, banks, and investors require this plan for funding decisions.
The business-plan-writing process not only helps you articulate your business’s goals but also uncovers potential weaknesses, market misperceptions, and strategic shifts. A comprehensive business plan includes the background of the founders, the business model, industry analysis, market placement, and financial projections for several years. This document is essential for securing funding from venture capitalists, bankers, investors, and PE funds.

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ESSENTIAL

₹ 19999/-
(All Inclusive)

  • Business plan preparation upto INR 25 Lakh of funding
  • Two iterations to queries
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ENHANCED

₹39999/-
(All Inclusive)

  • Business plan preparation upto INR 2 Crore of funding
  • Two iterations to queries
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ULTIMATE

₹49999/-
(All Inclusive)

  • Business plan preparation upto INR 10 Crore of funding
  • Two iterations to queries
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Contents of a Business Plan

Points to make your decision easy

Executive Summary

An executive summary, or Elevator Pitch, is a brief one-to-two-page overview of your business. It succinctly presents the core purpose of your business and offers a high-level view of what you aim to achieve.

Business Description

This section provides a detailed account of your business. It covers your existing and proposed product or service lines, your geographical reach, and the overall vision for your business.

Mission Statement

The mission statement articulates the fundamental purpose of your business. It doesn’t need to be elaborate or clever, just a clear and accurate reflection of why your business exists and what it aims to achieve.

Leadership

Here, you outline the founders and key leaders of your business. This section details their relevant experience, roles, and contributions to the company’s success.

Industry Analysis

Industry analysis involves examining the competitive landscape, identifying potential substitutes, understanding target markets, and evaluating demographic groups. This section provides essential insights into the business environment you operate in.

Financial Projections

Financial projections form the backbone of your business plan. This section includes realistic and achievable financial forecasts based on certain assumptions, essential for demonstrating the viability of your business to investors and lenders.

Business Plan-Process Flow

Review of Business

To create a viable and effective Business Plan, it is crucial to thoroughly understand your business and the objectives of the plan. My File Tax’ Compliance Manager will connect with you to grasp the unique aspects of your business and the expectations of potential investors. This detailed review will lay the foundation for a Business Plan that accurately represents your business's goals and strategies.

Draft Business Plan

With a comprehensive understanding of your business, our Compliance Manager will develop a detailed Business Plan. This draft will incorporate realistic assumptions for sales growth, expense projections, cash flows, assets, and liabilities. We will ensure that your Business Plan aligns with industry standards and optimally positions your business in the market.

Final Business Plan

After preparing the initial draft, My File Tax’ Compliance Manager will review it with you to ensure it meets your expectations and requirements. You will receive a finalized Business Plan ready for submission to bankers or investors. We offer up to two rounds of revisions to address any feedback or queries.

FAQs On Business Plan Preparation

Yes, we assist in preparing detailed CMA Reports and Business Plans that meet the requirements of banks and investors. While we do not guarantee loan approval, we work to ensure your documents are thorough and comply with all regulatory standards to improve your chances of approval.

If you’re planning to set up a manufacturing project, we can help you with comprehensive services including Business Plan preparation, CMA Report creation, and financial projections. Our experts will guide you through every step of the process to ensure your project’s success.

Absolutely. At Chaahna Associates, we prioritize the security and confidentiality of your financial data. All information is handled with the highest standards of data protection and privacy.

Working capital refers to the funds required for the day-to-day operations of your business. It is calculated as the difference between current assets and current liabilities and is essential for managing cash flow, paying bills, and funding operations.

While we provide expert assistance in preparing your CMA Report and Business Plan, we do not guarantee loan approval or funding. Our goal is to present your business in the best possible light to improve your chances of obtaining the necessary financial support.

We offer our services across various cities in India. Whether you are in Delhi, Mumbai, Bangalore, Chennai, or any other major city, Chaahna Associates can assist you with your business needs.

About Us

At My File Tax, we simplify complex legal, financial, and compliance requirements for businesses and individuals. Whether you’re starting a new venture, managing existing operations, or ensuring regulatory compliance, we’ve got you covered. From company registrations (Private Limited, LLP, OPC, and more) to GST services, trademark registrations, accounting, and payroll management, our expert team ensures seamless execution tailored to your needs.

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+91 72074 46677

kbharathca@gmail.com

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