How to Start a Business Proposal

							BUSINESS PLAN FOR APPLICATION FOR A
DUNLOP ZONE STORE.
by

[Name]
[Address]



Current banking arrangements
Bank name: [Bank]
Branch name: [Branch]
Branch code: [xx-xx-xx]


Contact details
Telephone: [Telephone]
Cell: [mobile]
Fax: [Fax]
Email: [email address]


[Date]




Policies & Procedures February 2008
The business idea

Business name
The proposed name for the business is [name]

Business idea
The business idea is [describe idea]

Key success factors
[Describe the background to the business idea, and the reasons why you believe the business will
be successful. For example, whether similar businesses already exist in your area, what your
advantage over them will be, or if this is an original product / service which no other businesses in
your local area already offer.]

Location of business
The business will be based at [workshop premises / shop premises / office premises / other].
Motivate why the location is desirable.

Opening of business
We intend to start trading on [Date]
Trading hours will be [xx:xx – xx:xx]

Target market
[Describe the type of customer which your business is aimed at, and the geographic area in which
your business will operate. Also describe why you believe customers will be attracted to your
particular business over any other businesses or products that may already exist.]

Skills and abilities
[Describe the particular skills, qualifications and abilities you have which will help make the
business a success, including, for example, previous jobs or businesses.]

Business partners
[Describe any business partners who will be involved in the business, including their skills,
qualifications and experience, and the roles each of you will perform.]

Identify Business Relationships
[e.g. Sole Proprietorship, Partnership, Private Company, Close Corporation]

Staff and employees
[Describe the numbers and types of key staff and employees you intend to recruit, including the
principal roles and positions which will need to be filled.]




Policies & Procedures February 2008
Financial resources available

Capital available from savings and investments
I am/We have savings and investments which I am/we are able to put into the business, totalling
R[xx].

I/We also intend to raise additional capital of R[x] from [describe where you will raise this from].


Income from sales
I/We estimate that income from sales will be R[x] per month during the first 6 months, starting from
month number [x].

In the second 6 months, I/We estimate that sales income will be R[x] per month.

[Describe the basis for these estimates.]


Grants and training support available
I/We understand that financial support may be available from the following organisations:
[list organisations].

I/We estimate that I/We will receive financial support in the first year totalling R[x].


Security available
I am/We are able to offer the following assets as potential security against any loans which I/We
may require:

Estimated market value of home: R[x]
less: outstanding mortgage: R[x]
less: other loans secured on home: R[x]
Resulting estimated equity in home: R[x]

Security available from other sources:
[list other sources of security, and estimated value.]


Start-up loan
I/We estimate that I/We will require to borrow a total of R[x] from [Bank] as a start-up loan. [You
can omit this section if preferred, and discuss loan requirements with your Bank.




Policies & Procedures February 2008
Business expenditure and costs
Personal remuneration
I/We need to pay myself/ourselves a total of R[x] per month for the first 6 months of the business,
and a total of R[x] per month for the second 6 months of the business.


Start-up costs
I/We expect to incur expenditure on the following items before opening the business:

Equipment: R[x]
Machinery: R[x]
Vehicles: R[x]
Computer System: R[x]
Fittings for Premises: R[x]
Products e.g. Exhausts R[x]
Advertising and Promotion: R[x]
Insurance Premiums: R[x]
Other [list other items]: R[x]
Total: R[x]

Running costs
I/We expect to incur the following running costs during the first 6 months of the business:

Rent on Premises: R[x]
Rates on Premises: R[x]
Electricity Usage: R[x]
Telephone Charges: R[x]
Wages (for others, not yourself): R[x]
Advertising and Promotion: R[x]
Fuel costs R[x]
Despatch Costs: R[x]
Other Items (including stationery) [list other items]: R[x]
Total: R[x]

I/We expect to incur the following running costs during the second 6 months of the business:

Rent on Premises: R[x]
Rates on Premises: R[x]
Electricity Usage: R[x]
Telephone Charges: R[x]
Wages (for others, not yourself): R[x]
Advertising and Promotion: R[x]
Fuel costs R[x]
Despatch Costs: R[x]
Other Items (including stationery) [list other items]: R[x]
Total: R[x]


Capital costs
I/We will need to finance the following items of capital equipment during the first year of the
business:

Machinery: R[x]
Equipment: R[x]
Policies & Procedures February 2008
Office Equipment (excluding Computer Systems): R[x]
Office Furnishings: R[x]
Computer Equipment: R[x]
Cars [list quantity]: R[x]
Commercial Vehicles [list quantity]: R[x]
Others [list others]: R[x]
Total: R[x]


Finance payments
I/We estimate that the total cost of finance payments in the first 6 months of the business will be
R[x], and R[x] in the second 6 months of the business.


Costs for materials
I/We will need to purchase the following types and quantities of materials:

[list types and quantities of materials needed for manufacturing or resale.]

I/We estimate that these materials will cost approximately [x]% of the price at which we expect to
be able to sell the finished products.


Business protection costs
I/We will ensure that appropriate insurance protection is arranged for the business, and estimate
that the total cost of insurance premiums for the first 6 months of the business will be £[x], and in
the second 6 months, R[x].




Projected cash flows
I/We have prepared cash flow projections, which are attached to this document.




Policies & Procedures February 2008