Preparation of feasibility plan

Business plan

What is a business plan?

A business plan is a strategic document that outlines various aspects of a business. In general, a business plan includes the business’s goals, strategies, financial resources, target market, products or services, competitive analysis, operational requirements, and other relevant components related to the business.

To prepare a business plan, you must first determine the overall goals of the business. Then, strategies are developed to achieve these goals. In this process, you must identify your target market and customers, and analyze your competitors and competitive advantages.

Additionally, a business plan includes detailed financial information related to the business. This encompasses projected revenues, expenses, profitability, investment projects, and liquidity.

A business plan includes medium- and long-term goals and strategies, which serve as the basis for decision-making and performance evaluation. This document acts as a comprehensive and practical guide at every stage of business development, helping entrepreneurs organize their ideas and align them with the opportunities and challenges of the business environment.

Some key elements in a business plan include:

Executive Summary: Provides an overview of the business and its goals.
Industry and market analysis: Understanding competitors, target customers, market conditions, and existing opportunities and threats.
Marketing strategy: Strategies for attracting and retaining customers and marketing your product or service.
Organizational structure: Describes the organization and work team of the business.
Operational plan: Plans related to processes, material procurement, production, distribution, and other operational aspects.
Financial: Includes forecasting revenues, expenses, profits, and financial scheduling.

Risk analysis: identifying and assessing risks and adopting risk management strategies

Business plan

Writing a business plan can be necessary in the following cases:

Starting a New Business: If you are planning to start a new business, writing a business plan is essential. A business plan helps you to comprehensively and systematically review your goals, strategies, organizational and financial structure, target market, and resources needed to start your business.
Attracting capital: If you are looking to attract investment, a professional and attractive business plan can serve as a tool to convince investors and gain their trust. Investors are interested in seeing the strategic plan and financial details of your business presented by the business plan.

Writing a business plan can be necessary in the following cases:

Starting a New Business: If you are planning to start a new business, writing a business plan is essential. A business plan helps you to comprehensively and systematically review your goals, strategies, organizational and financial structure, target market, and resources needed to start your business.
Attracting capital: If you are looking to attract investment, a professional and attractive business plan can serve as a tool to convince investors and gain their trust. Investors are interested in seeing the strategic plan and financial details of your business presented by the business plan.

Need to Business plan

Need a business plan to get a loan

One of the crucial documents that banks require to lend to companies and businesses is a business plan. This plan accurately shows how a company or business plans to operate and whether it will succeed.

This plan details how the project activities will be carried out. By granting a loan, the bank enters into a partnership with the company or business and therefore has to ensure their success. This helps the bank to make good profits and stay away from losses.

The business case convinces the bank that a project is going well and that investing in it will be successful. For this reason, this document is very crucial and must be prepared carefully and by experts in this field.

The headings of the banking feasibility report are as follows:

A- The applicant’s profile

Company registration records
Capital and shareholders
Management
Legal authorizations
Examining the applicant’s capabilities

B – market study

Introduction
Product introduction
- Introducing all ISIC codes reviewed based on establishment license
- Specifications, characteristics, and scientific and specialized definitions from scientific sources and books
- International (global) and national product standards
- Introducing product applications
  - Introducing the product in terms of its nature
  - Introducing product applications
  - Checking the replacement product
Project introduction
- Analysis of the necessity of project implementation
- Analysis of project implementation considerations
  - Economic considerations
  - Social and cultural considerations
  - Political considerations
- Project location
  - Analyses related to the project’s access to raw materials
  - Analyses related to the project’s access to the consumer market
  - Analyses related to the project’s access to human resources
  - Other factors influencing project location
Place of implementation of the plan
Price of raw materials and method of supply (raw, auxiliary and consumable materials)
The sale price of design products
Analysis of the position of the industry under study in the country’s macroeconomic policies
supply
- Domestic production
- import
- warehouse stock
Forecasting supply possibilities
- Forecasting domestic supply possibilities
- Import forecast
- Forecasting total supply possibilities
demand
- Foreign demand
- Domestic demand
Demand forecasting
- Domestic demand forecasting
- Forecasting foreign demand (exports)
- Forecasting total demand
Balance analysis, supply forecasting and demand forecasting
Global import, export and production
Summarizing, concluding and presenting a proposal
Economic indicators

C – Technical and engineering studies

The purpose of implementing the project
Capacity
- Calculate the capacity of the existing line
- Calculate the capacity of the development plan
- Final capacity after implementation of the development plan
Manufactured product
- Introducing all ISIC codes belonging to the plan’s products
- Specifications, characteristics, and scientific and specialized definitions from scientific sources and books
- International (global) and national product standards
Introducing product applications
- Introducing the product in terms of its nature
- Introducing product applications
Raw materials, auxiliary materials and packaging
Production method
Quality control
Environment
Production forecast
Project investment costs
- earth
- Landscaping and building
- building
- Machinery
- facilities
- Laboratory and workshop supplies and equipment
- Vehicles
- Office and service equipment and supplies
- Miscellaneous and unforeseen expenses
- Pre-operational costs
- Working capital
Scheduling of project implementation
Production costs
- Raw materials, auxiliary materials and packaging
- salary
- Cost of water, electricity, fuel and communications
- Maintenance
- Consumption cost
- Miscellaneous and unforeseen expenses
- Fixed and variable cost table

D – Financial studies

Forecasting balance sheet, profit and loss, cash flow and all financial and efficiency ratios
Provide a summary of the plan’s financial projections
Providing a table of project costs and forecasting the financing of the project
Providing financial indicators of the plan
Summary, conclusion and suggestion
Proposal for civic participation and repayment schedule for proposed facilities

Need to Business plan to migrate

When it comes to business immigration, there are different rules and requirements depending on your plans and the type of business you want to create. For example, the Canadian Entrepreneur Program is offered to people with a suitable investment in their businesses. In this case, a strong business plan that meets the immigration requirements is very important.

A business start-up visa allows individuals to obtain residency in that country if they can demonstrate that they intend to create or finance a business that will add value to the destination.

Your business plan is an important part of immigration through a business visa. If you have a well-written business plan, your chances of immigration approval will increase significantly. The government has launched several business programs to promote and create new opportunities and ultimately support economic growth.

There are several programs that require you to provide a well-explained business plan:

Every entrepreneur, investor, or manager who wants to buy or start a business must present a business plan.
There is another program called Intra-Company Transfer (ICT) that requires you to submit a business plan. This allows foreign business owners or skilled workers to open an affiliate company.

By presenting a constructive and workable business plan, you should consider the following:

Legal Requirements: Your business plan must fully comply with the laws and regulations related to business. For example, the Canadian Business Plan requires you to demonstrate that you have sufficient experience in managing a business and will play a significant role in the day-to-day operations of your business.
Viable Business Plan: You must demonstrate that you are starting or purchasing a business that is financially sustainable and will contribute to growth and job creation. Your business plan should detail your business, objectives, strategies, target market, and financial projections.
Proof of financial capability: You must demonstrate that you have the financial capability to start and maintain the business. Your business plan should clearly outline the financial resources needed to start and operate the business.
Employment plan: You must demonstrate that you intend to create self-employment and contribute to the economic development of the country. This includes creating jobs for local people, training, and utilizing local labor.

By providing a strong business plan that meets immigration requirements, you will increase your chances of success in immigration applications. It can also help you secure funding and support from potential investors.

When you choose Tadbir Pars Sports Company, you will have a trusted partner in your long-term success. We have the capabilities and resources to meet your unique needs, and our dedicated team of experienced experts is committed to providing exceptional service and support to ensure your success.