Business Ownership & Operations Ch.6 – Glencoe Ch. 19, 35 & 40 - NFTE.
NFTE IRELAND THE NFTE BUSINESS PLAN TEMPLATE. Introduction Business name Logo Business slogan /...
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Transcript of NFTE IRELAND THE NFTE BUSINESS PLAN TEMPLATE. Introduction Business name Logo Business slogan /...
NFTE IRELANDTHE NFTE BUSINESS PLAN
TEMPLATE
Introduction
Business name Logo Business slogan / statement
Student Profile 1Name
General description of student
Interests / Hobbies
Personal skills/qualifications – how will this make your business successful?
Student Profile 2Name
General description of student
Interests / Hobbies
Personal skills/qualifications – how will this make your business successful?
My Business IdeaWhat product / service I offer
Type of Business
How I got my idea
Market ResearchType of market research
Results from market research
Target customer profile
Competition Competitor Price Location Unique
Featuree.g.. Local shop/service
e.g. Nationwide shop/service
e.g. Online shop/service
My Business’ Competitive Advantage 1.
2.
Marketing PlanPromotion
MethodPromotion Place Target Consumer
(age, gender, location)
Cost
Monthly Sales Projections
MONTH
PROJECTED MONTHLY
UNIT SALESSeptOctNovDecJanFebMarAprMayJunJul
Aug
PROJECTED MONTHLY UNIT SALES
0
0.2
0.4
0.6
0.8
1
1.2
PROJECTED MONTHLY UNITSALES
How to complete graph:
1. Double click on graph
2. Add projected monthly unit sales
3. Click on “chart 1”
4. Click here
Budgeted Income and Expenditure (Optional)
Income Sept Oct Nov Dec Jan Feb Mar Total
= Total Income(A)
Expenditure
= Total expenditure(B)
Net Cash(A-B)
Opening Cash
Closing Cash
G Profit from One Unit (module 8)
What is your unit of sale?
Selling Price of one unit of sale €
Cost of producing one unit of sale €
Gross Profit per one unit of sale €
Fixed (ISAIDUROC) Costs per month
Utilities €
Salaries €
Advertising €
Insurances €
Interest on loan €
Rent €
TOTAL €
Break Even Units
What do you need to sell in one month to cover your basic costs?
Fixed Costs = Break Even
Gross profit per unit
Profit & Loss StatementTotal sales for the year a €
Less cost of sales b €
Gross profit a-b=c €
Less fixed costs / expenses d €
Profit before tax c-d=e €
Less tax & PRSI (25%) f
€
Net profit e-f=g
€
Comparison Sheet (optional)
Budgeted Actual Difference
Income
= Total Income
Expenditure
= Total expenditure
Personal Objectives & Goals
Business Goals
Educational Goals
Personal Goals
Corporate Social Responsibility Policy
Describe how your business will give back to the community or support a cause that you believe in.
• Thank you for taking the time to consider our Business:
• (Business Name, Logo, Slogan etc)