Your Federal Quarterly Tax Payments are due April 15th Get Help Now >>

Free Word Template Loan Agreement by wtn20910

VIEWS: 2,483 PAGES: 22

Free Word Template Loan Agreement document sample

More Info
									Welcome to BizPlanBuilder®
             •   The fastest easiest way to
                 raise $50,000 to $50,000,000
             •   Create the ultimate ‘brochure’
                 for investors, lenders and
                 everyone else whose support
                 you need!
             •   Intuitive & logical – makes
                 sense along the way, helps
                 you explain your concepts to
                 bankers and investors.
             •   20+ years of refinement with
                 real business projects of all
What lenders & investors want to know
     Building a business requires more than just an idea and a plan.
     For a moment (and you may need to refer to this moment often),
     put yourself in an investor's position... What would YOU want to
     know about a business before you invested in it? We often
     recommend investing an amount of money in a friend's business
     just to get the mental, physical, emotional, and spiritual
     experience of investing your precious CASH in someone else's
     business. Now, more than ever, you must be convincing to the
     bone. And, expect that intelligent people with money will want to
     feel comfortable with you and your answers. You will find that,
     no matter who you are and what you are doing, you‘re going to
     need answers to these basic questions (Next slide):
Your business plan must make sense
              Who are you?
              Why are you in business?
              What is the opportunity here?
              What is the current situation in the world?
              How big is the market?
              What will you sell?
              How is your business structured?
              How will you make money?
              Who else is doing the same thing?
              How do you compare?
              Who are your most important customers?
              How will you reach and inspire them to buy from you?
              Do you have any strategic partners who will help?
              Who are the people running your business?
              What experience do you/they have?
              Who else are you working with?
              Who are your advisors? Who is on your board?
              Where are you today?
              What have you accomplished?
              How much money do you need to start / grow?
              What will you do with the money?
              What’s the deal?
              How much money will investors make?
              When & how will investors make their money back?
    Let‘s Get Started With BizPlanBuilder
                                                  1.   The main part of your business plan will consist of
                                                       the narrative text – choose one of these Word
                                                       templates to get started. (Rename it as you like.)
                                                  2.   The ‗Angel/VC‘ plan is the most recent revision of
                                                       BizPlanBuilder ‗Classic‘ and is the best choice for
                                                       presenting to Venture Capital and Angel investors.
                                                       The Concept Plan is good for a quick overview of
                                                       your business idea–it is the same as the Executive
                                                       Summary in the Angel Plan, but can be added later as
                                                       the intro to any of the plans types. Use the Internet
                                                       Plan if your business is predominantly on the web. If
                                                       you are starting or developing a retail store, we
                                                       recommend the Retail Plan. The Service/Bank is
                                                       perfect for a personal type service business and is
                                                       ideal for seeking a bank loan. You can always add
                                                       elements from the other other plan models as well as
                                                       supporting documents in the folders below.

You can customize your plan for your industry as fast as any other business plan software promoting
‗hundreds of samples‘ in just a few seconds and have a better plan when you are done! (You‘ll see why by the
end of this presentation.)
Expert Comments Throughout
                       We have added expert
                        comments to help you
                        understand what to do and
                        why. These appear as green
                        text between the paragraphs
                        that you will edit.
                       If you cannot see them, please
                        pull-down under Edit to
                       Click on the View tab (as
                       Click on the Hidden text box.
                       Click on the Print tab, repeat
                        this procedure if you [don‘t]
                        want to print the expert
                        comments as well.
                       Click OK.
Customizing Your Plan
                    The first thing you likely will want to do is
                     insert your company name throughout your
                    Pull-down under Edit to Replace.
                    Type in ‗[Company]‘ in the upper box, then
                     type in your company name as you want it to
                     appear throughout your plan. (Although our
                     company is officially ‗JIAN Tools For Sales,
                     Inc.,‘ we would use just ‗JIAN‘ here.
                    When you click OK, your company name will
                     automatically replace ‗[Company]‘
                     throughout your plan.
                    Go ahead and edit the business plan template
                     to suit your business.
   Choosing Your Financial Plan
                                                      The Comprehensive Financial
                                                       model is likely your best bet
                                                       for a complete budget and/or
                                                       forecast. Especially if your
                                                       company or product is new.
                                                      Use the Bank/Service model
                                                       to calculate costs for a service
                                                       business as well as to present
                                                       your numbers to a bank for a
                                                      The additional (basic
                                                       financials) pages will suffice if
                                                       you just need a good-looking
                                                       financial statement to fill-in
                                                       for a presentation.

All JIAN spreadsheets use an Excel workbook – tab from page to page by
clicking the tabs at the bottom of your Excel window.
       Set Up Your Financial Model
All sections of the model are fully linked.
Unlike many ‗Input->Black Box->Output‘
financial models, here you will be see the
math, understand how your financials are
constructed and be able to explain… (Better
yet, bankers & investors will understand and
have fewer questions for you!)
Enter basic info here.
Expert comments in the cells ( ) clarify
what is needed and make suggestions.
Choose how you will set-up your profit
centers – these will show throughout your
entire model. (They can be changed.)
Click tabs at the bottom to view each page.
Fill in your assumptions (1 page for each set   We used Excel so you enjoy complete flexibility—you
– these are used to automatically calculate     can change and adjust anything to suit your business!
and display throughout the model.                  To Unprotect a page, pull-down under ‘Tools’.
                                                              Let go on ‘Protection’
    Project the Future Using the Past
   If you have the information, you can easily
    enter your Income & Balance Sheet info
    for the past 3 years, BizPlanBuilder
    enables you seamlessly project future
    revenue & costs.
   These numbers are available in the
    Assumptions pages to show that you are
    projecting reasonable numbers based on
    some historical trend.
   You can create statements integrating the
    past with the future. (We do not yet
    download the data from QuickBooks or
    Peachtree, but given how few numbers are
    required, this is fairly easily done by hand
    for now.)
   These numbers also contribute to your
    overall picture showing
                                                                   BusinessPowerTools                                   Revenue Model                                                    Conservative Version

     Prove Your Potential                                      A New Business Start-Ups - USA

                                                                   (in whole dollars unless otherwise noted)
                                                                   Market Size (000's omitted)

                                                                   Existing Small Businesses - USA
                                                                   Internationally Available Customers
                                                                                                                       Annual Growth
                                                                                                                                                              Compounding effect of numbers you can believe…

                                                                                                                                                                         Wednesday, January 22, 2003 1:04 PM
                                                                   Total Projected World Market                                             30,800       31,590          32,495          33,530       34,717
                                                               D   Market Share (% )
                                                               C   New Business Start-Ups - USA                                             1.00%         2.00%           3.00%           4.00%       6.00%
                                                                   Existing Small Businesses - USA                                          0.03%         0.10%           0.30%           0.60%       1.00%
                                                                   Internationally Available Customers                                      0.01%         0.10%           0.30%           0.50%       0.70%
This Revenue Model page enables you to demonstrate                 Projected New Customers
                                                                   New Business Start-Ups - USA                            A xC                 8            17                 26           37          58

the growth our business can achieve given a set of                 Existing Small Businesses - USA
                                                                   Internationally Available Customers
                                                                   Total Projected New Customers

reasonable assumptions (It is more believable when you             Total Projected Customer Base
                                                                   Projected World Market Share (%)
                                                                                                                            150               167
                                                                   Product Pricing ($)                                  Annual Growth

build from a set of smaller, believable numbers…)              E
                                                                   Initial Product - New Customers
                                                                   Basic Hosted Online Service (Annual Basis)
                                                                                                                            5.0%     $ 60.00
                                                                                                                        $ 19.95 / mo $ 239.40
                                                                                                                                                     $ 63.00
                                                                                                                                                     $ 239.40

• First, enter your market segments                            G
                                                                   Advanced Hosted Online Service (Annual Basis)
                                                                   Add-on Tools/Modules (Purchased separately)
                                                                   Probability of Product Purchase (% )
                                                                                                                        $49.95 / mo $ 599.40
                                                                                                                            10%         $    30.00
                                                                                                                                                     $ 599.40
                                                                                                                                                     $ 34.00

• Project the response by category                             H Initial Product - New Customers
                                                                 Basic Hosted Online Service (Annual Basis)
                                                                                                                                              0.0%         1.0%            3.0%            5.0%        10.0%
• Calculate the number of customers
                                                                 Advanced Hosted Online Service (Annual Basis)
                                                                 Add-on Tools/Modules (Purchased separately)                                  5.0%         5.0%           10.0%           10.0%        15.0%
                                                               I Units of Product Sold

• Enter your planned prices
                                                                 Initial Product - New Customers                                               17             48              121           225         369
                                                                 Basic Hosted Online Service (Annual Basis)                                     0              2               10            28          93
                                                                 Advanced Hosted Online Service (Annual Basis)                                  0              2               10            28          93

• Project response to additional products & services             Add-on Tools/Modules (Purchased separately)
                                                                 Projected Product Revenue (000's omitted)
                                                                 Initial Product - New Customers                                $

                                                                                                                                             1,020   $

                                                                                                                                                          3,024    $      8,004


                                                                                                                                                                                         15,628   $

                                                                                                                                                                                                                % Total Re

• Calculate total revenue (this feeds the entire model)          Basic Hosted Online Service (Annual Basis)
                                                                 Advanced Hosted Online Service (Annual Basis)

• Factor in a few additional revenue sources (if any-- we
                                                                 Add-on Tools/Modules (Purchased separately)                                   240          374           1,306           2,421       6,799        6%
                                                                 Total Projected Product Revenue (214% average growth)          $            1,260   $    5,076     $    17,698      $   41,536   $ 111,719       100%
                                                               J Service/Other Revenue                            Annual Growth
                                                                 Commissions on Sales of 3rd Party Products            100%                     10           20              40              80         160        0%
prompt you to think about them!)                                 Expert Referral Network
                                                                 Strategic Alliances

• Enter overall expense budgets                                  Advertising
                                                                 Total Projected Services Revenue (91% average growth)
                                                               K Total Gross Revenue (211% average growth)

                                                                                                                                             1,300   $
                                                                                                                                                          5,151    $
                                                                                                                                                                         17,840      $
                                                                                                                                                                                                  $ 112,249

• Calculate a rough projection of future profits. (These are       Less: Returns and Allowances                             5%          $       65   $      258    $        892      $    2,090   $   5,612
                                                                   Net Revenue                                                          $    1,235   $    4,893    $     16,948      $   39,719   $ 106,637
used on this page only, the rest of the model enable you to        Annual Total Revenue Growth Rate                                                       296%            246%             134%        168%

refine and improve your results.                                   Average Total Revenue per Customer ($)                               $        7   $      23 $            50 $             71 $       115

                                                                   Expenses                                      % Revenue

Notice how you can show where your sales come from!                Cost of Goods Sold
                                                                   Gross Profit
                                                                   Average Gross Profit per Customer ($)                                $        6   $       19    $         42      $       60   $       97     Cost per
                                                                   Expenses                                                                                                                                     Customer
                                                                   Research & Development                         15.0%                 $     195    $      773    $      2,676      $    6,271   $   16,837    $ 18.10
                                                                   Marketing                                      30.0%                       390         1,545           5,352          12,543       33,675    $ 36.21
                                                                   G&A                                            12.0%                       156           618           2,141           5,017       13,470    $ 14.48
                                                                   Other                                           5.0%                        65           258             892           2,090        5,612    $     6.03
                                                                   Operating Income                               18.0%                 $     234    $      927    $      3,211      $    7,526   $   20,205    $ 21.73
                                                                   Taxes                                           40%                  $      94    $      371    $      1,284      $    3,010   $    8,082    $    8.69
                                                                   Net Income                                                           $     140    $      556    $      1,927      $    4,515   $   12,123
                                                                   Annual Net Income Growth Rate (211% average growth)                                    296%            246%            134%         168%

                                                               A We've taken our top 3 market segments with their total potential customers and projected our market share.
                                                               B The new IMBOSS system enables easy global reach through local partners -- Capitalism online (and on a CD)
                                                               C JIAN could mail each new business -- direct response rate would grow as brand continues to build.
         Plan for People + Space… Now & Later
   Answer the questions, ―Based upon our
    growth and hiring, how much space should
    we lease now?‖ ―How much will we need in
    the future and by when?‖
   Enter # of square feet to allocate per person
    (150 -250… commercial realtors will want
    you to be generous!) Estimate the cost/sq ft.
   Enter the number of people who will work
    in each job. (Often it will be just 1, yet some
    jobs will have many people doing the same
    thing – no need to have a separate line for
    each one!)
   Allows for projecting salaries for current
    management team and employees, as well as
    those who will be hired using investment /
    loan proceeds.
   All numbers are carried through to the
    Capital Requirements page as well as each           HR-Plan page multiplies the number of
    respective Assumptions page.                      people by their salary. (You can also include
                                                                   a % for benefits.)
     How Much Money Do You Need?
Fill in your capital requirements
You can change the headings to suit
your needs
You can add additional lines as
needed. (The system pulls from the
total line at the bottom of the category,
so your additions will be included.)
Capital needed to hire the people
(from    your    HR      Plan page)
automatically appears here.
Capital required for each business area
automatically carries forward to the
respective Assumptions page. For
example, Total Additional capital for
Marketing will be included on the
Assumptions-Marketing page
Fill in % Or Overwrite Formulas
This table enables you to project
(intend/drive/budget) the mix of
sales by product line or channel
in the future.
Revenue, based upon your
overall revenue from the
revenue Model page, X the
Sales Mix table appears here.
Use this table to project
seasonal revenue by month (and
by quarter for years 2-3)
You can simply type in a
number over the formula
anywhere you like -- goof? Just
copy the formula from another
cell to immediately repair the
Other Assumptions pages are
easily accessed via the tabs.
Automatically Generated Statements
 Looks are important
(without overdoing it)
 statements are good-
  looking and easy to
 read and understand

 If you don‘t need all
of the rows available,
just pull-down under
 the ‗Format heading
and let go on ‗Rows‘,
   then ‗Hide‘ them.

 Negative numbers
   show in red

All expenses include
    a % of Sales
     calculation         Yr 1 x Months * Yrs 2/3 x Qtrs * Yrs 1-5 x Yrs
    More Ratios Than Most Business Plans!
  These are automatically calculated
    from other statements in the
       BizPlanBuilder system.

Like most statements, just click on the
tab at the bottom of the chart to see an
        already completed page.

You can print the entire model with the
click of a single button… Or, you can
     print each page individually.

Make any changes to the assumptions
 and the entire system recalculates!

 Links to are included
 enabling you to compare with other
    businesses in your industry.
      Exclusive 1-Page Sensitivity Analysis
  Easily show a best / worst case
  analysis side by side with your
  planned projections — Without
having to re-enter or recalculate and
explain your entire financial model!

   Notice that these categories carry
 throughout from your original set-up.

 Just enter % for each category as they
  relate to your planned estimates. For
    Worst Case Sales = 50% of plan
    Best Case Sales = 120% of plan
         Valuation & Stock Give-Up

Here is a glimpse of the
worksheets that help you
calculate the value of your deal
through 3 rounds of funding.
We use several proven and
acceptable methods:
Harvard Model

First Chicago

Discounted Future Cashflow

a typical VC method

Weighted Average of the above

You plug in a few basic
assumptions and BizPlanBuilder
calculates it out for you.
          Investor Analysis
The Investor Analysis
worksheet is also linked within
the system and will enable you
to project multiple rounds of
financing with ROI for each.

You can easily compare several
scenarios at the same time.

We recommend that you do not
include these pages with your
business plan presentation --
this model is designed to help
you understand the value and be
prepared to negotiate a deal
with investors.
    More Documents Get You Funded!
    Non-Disclosure Agreements                         Tools to Manage Your Business
   Business Plan Distribution                       · Application for Business Credit
    · Deal Summary Template                          · Business Start-Up Checklist
    · Due Diligence Checklist                        · Commercial Lease
    · Service Business Start-Up Cash                 · Independent Contractor Agreement
    Requirements                                     · Investor Game Plan
    · New Resource Materials
    · Believable Projections                         · Investor Newsletter Template
    · Business Topics of Interest w/Internet Links   · Invitation to Board of Advisors
    · Developing Your Management Team                · Invitation to Board of Directors
    · Things to Think About                          · Lehman Formula Finder's Fee Calculator
    · What Investors Look For                        · Management Notebook
   Supporting Documents                             · Private Offering Disclaimer
    · Articles of Incorporation                      · Proceeds of Sale of Business
    · Core Values & Core Practices                   · Product Feedback Survey
    · Executive Résumé Template                      · Service Feedback Survey
    · Executive Team Responsibilities                · Service Invoice Log
    · General Partnership Agreement                  · Services List
    · Investor Tracking & Follow-up Log
    · Personal Financial Statement                   · Space Requirements Planning Worksheet
    · Press Release—Announcement                     · Trademark Instructions
    · Stock Options Tracking Worksheet               · Trademark Overview
    More Than Stationery Store Forms!
                                       Invitation to Join Board of Advisors
                                          The major difference between an ‘Advisor’ and a ‘Director’ is that a director usually has a fiduciary,
                                           therefore legal, responsibility to shareholders. Advisors are there to offer free advice and expertise on

You can buy forms almost               
                                           matters often concerning marketing, product development, planning and organizing, etc.
                                           A good board of advisors adds significant comfort and validation to investors.

anywhere, but if you want a letter     [Date]

                                       [Advisor‘s Name]
intended to attract an intelligent,    [Advisor’s Company]

aware and conscious human being of     [City], [State], [Zip/postal code]

                                       Dear [First Name],

means, you will have to do better      I am writing to invite you to become an advisor to [Company formal name here] ([Company]).
                                       I feel that your experience in business as well as your knowledge of the [your industry]
than that.                             industry, plus your knowledge of [Company] would be a tremendous asset to our success.

                                       The purpose of this letter is to set forth our understanding of the terms of your participation with
                                       [Company], including your role and compensation. It is important to us that your involvement

Here is a sample of just one letter    makes a tangible, measurable and profitable contribution. It is also important that you are
                                       inspired to support [Company] over time, and to focus your energies on successfully and
                                       efficiently contributing to our company goals. Ideally, your start date would be [Starting Date].
we have included to help you attract   We propose the following:

the people who can help you.           Participation/advice regarding:
                                       Monthly meetings to review the course and direction of [Company].
                                       Planning and organizing.
                                       Product development, production, marketing.
For example, having a strong Board     Compensation

of Advisors tells investors that you   Upon acceptance of this offer you will be granted an option to purchase [100] shares of
                                       [Company] common stock, fully vested, and otherwise under the terms and conditions of the
                                       [Company] incentive stock option plan, for [each Advisory Board meeting, or per month, or …] .
have done your homework and have       In addition, you will receive 1 Option for each Net Income Before Tax (NIBT) dollar earned, up
                                       to a maximum of [12,000] shares per year to a total maximum of [Thirty-six Thousand] Share
                                       Options (36,000). In the event of an acquisition or public offering, [Company] shall pay your
people around you who can open         option exercise.

                                       Hold Harmless
doors as well as help prevent          We understand that your primary concern is that you be retained as an advisor only by
                                       [Company], and that all decisions reached be reached as a result of the independent judgment of
mistakes.                              the executives of [Company]. Accordingly, should any action against [Company] in law, equity,
                                       or government regulation result from any action or decision made in whole or in part as a result
                                       of your advice, [Company] shall indemnify you and hold you harmless from any claim.

                                       By signing this offer as your acceptance, and returning it by [Date], you acknowledge and agree
                                       that the terms set forth in this letter constitute our entire understanding and agreement regarding
                                       your advisorship.
    Requires Recent Microsoft Updates
   Since BizPlanBuilder uses Excel & Word (or
    Office), please be sure to visit Microsoft‘s website
    to download all of the latest service packs!
   They are FREE so please be sure to install them.
   Norton Utilities / SystemWorks
   You may need to temporarily deactivate Norton
    and other virus protection programs when
    installing BizPlanBuilder.
   More info on our homepage:
   Click here for answers to FAQs
Your Ticket to Capital!
                The fastest easiest way to raise
                $50,000 to $50,000,000
                Intuitive & logical – makes sense
                all along the way
                Helps you present your business
                to bankers, investors and others!
                Easy to re-enter any time to edit
                and update.
                Click Here for Technical Support

                Click Here to Order

To top