Business Plan Layout
Copyright 2008 IPS – Inter Press Service/Global Information Network
BEIRUT, Lebanon, Feb 6 2008
The year 2008 has already been grim for most Lebanese businesses: Struggles with the nation’s permanent protest movement, security problems, a brief war in a Palestinian refugee camp and sporadic bombings have brought the nation to its knees.
Most recently a bomb tore through the bustling Chevrolet area on the outskirts of Beirut on Jan. 25, killing Captain Wissam Eid from the Internal Security Forces.
As the political situation tips further in the direction of widespread insecurity, however, Lebanese businesses around the country are clinging to the motto, "the show must go on." Expansion seems to be the word on the street in Beirut, no matter what the uncertain future may hold.
ABC, a major department store and mall with seven outlets, two main flagship stores and a staff of more than 1,000 is currently revamping one of its main branches in Dbayeh.
"In March, we are also launching a new section extending over an entire floor of 8,000 square meters dedicated to children, dubbed Kidsville. It will also include a 500 square meter playground, an array of kids’ accessories and a coffee shop, La Mie Doree," said Robert Fadel, ABC’s general manager. A second big store in the Ashrafieh suburb of Beirut is adding an extension for a playground that will fill an expanse of 800 square meters.
The Johnny R. Saade group is also jumping on the expansion bandwagon. Its travel and tourism arm, Wild Discovery, will be setting up shop in Kaslik in northeast Lebanon in a few months.
"We decided to push forward with the opening of new branches in Lebanon despite the prevailing situation, following the simple strategy that one has to invest and position oneself in times of relative crisis to prepare for the inevitable economic and political recovery that can be foreseen," said Sandro Saade, one of company’s owners.
"This opening is also justified by a strategic objective to cover the northern Beirut area, where there is a demand for high-quality travel services."
The company’s real estate arm boasts a $30 million residential project sprawling over 18,000 square meters in one of Beirut’s posh suburbs. In addition, the group is developing a winery in Bekaa Valley, near the villages of Kefraya and Tell-Denoub, covering a 50-hectare swath of land. The project is estimated at $25 million and will employ 50 people, excluding seasonal workers.
"The Lebanon venture will also integrate two other complementary projects, namely a wine museum and a boutique hotel, or ‘h"tel de charme’" with 30 to 35 rooms, said Karim Saade, another company owner.
It is not just big names that are taking a leap of faith into the murky Lebanese waters.
Nehme Lebbos, founder of Iloubnan, a news portal for Lebanon, left his home country in 1991 and worked as an IT consultant for 12 years in France before coming back.
"I wanted to come back ever since I left. I started IIoubnan in March 2005 with the help of my wife, a French journalist," Lebbos said. "It is a Web magazine dovetailed with an e-commerce wing."
The young entrepreneur has poured all his savings into this venture, relying on a bank loan, as well. The company’s recent success has allowed for an increase in operations, with four journalists employed on a full-time basis and a network of 20 freelance journalists around the world.
A shared vision of Lebanon seems to cement together the diverse business figures. "Lebanon is our homeland and we believe in our country," Fadel said. On the other hand, Lebbos is conscious of the risks he might incur but is nonetheless determined to promote change in his home country.
Although most companies are investing in Lebanon, many have also looked to taking their business abroad. ABC will be opening in Jordan in March. "The company will bring to the Jordanian market a spirit of Lebanon, and aims at becoming a leading and trendy shopping destination," Fadel said.
Similarly, the Saade brothers are relying on an international network of agencies for their tourism activity as well as launching a new winery in neighboring Syria. The group is trying to counter the negative business environment by highlighting the quality of its services. And so Wild Discovery is investing in an in-house sales training program expected to enhance its team’s knowledge and technical skills.
For most entrepreneurs, the essential rationale linking their projects is endorsing Lebanon as a brand in the region. Lebbos believes that this cannot be done without the help of young Lebanese people. "They need to travel, study abroad, graduate and experience foreign countries," he said, and "then come back and invest in Lebanon."
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Watch the video related to Business Plan
Business plan layout and writing into 8 easy to remember sections by business plan and fund raising expert Andrew Millet, chartered accountant, principle of Wisteria, a small business advisory and accounting firm based in Edgware, North London, UK. www.wisteria.co.uk
Help answer the question about Business Plan
What's congress business plan to put money in the hands of the citizen majority?Working poor,unemployed anyone who has fallen prey to a failed system of business & representative Govt.
If they want to see bail-out business plans, then i want to see business plan for the legal citizens or the supposing owners.
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The best thing you can do is speak with your accountant or a business consultant and they will help you write this part of your business plan.
Helpful video. Inpiring and informative. Does anyone know any good business plan competitions to enter? Has anyone heard about the launch together business plan comp? Is this the first year they are doing it? I love the video they have on the website. Someone should post it on here. Comments appreciated
Go to http://www.sba.gov , http://www.score.org or http://www.bplan.com for instructions on how to write a business plan and sample business plans.
You can also buy one off ebay. A consulting company on ebay sells business plans for dozens of different types of businesses. They are simple, but enough to get you started. I think they charge between $15 and $25.
Brandon O'Dell
O'Dell Consulting
Restaurants/Retail/Bars
http://www.bodellconsulting.com
Go to sba.gov, score.org and/or bplan.com where you will find sample business plans and instructions on how to write a business plan.
https://www.goodtogobizplans.com/shoppingcart.asp
These people write business plans for alot of industries. The one above on the link is for a bar. It costs $195.00 which really isn't bad, you would spend that in time and energy writing it yourself.
http://www.sba.gov/smallbusinessplanner/plan/writeabusinessplan/SERV_WRRITINGBUSPLAN.html
http://www.bplans.com/Sample_Business_Plans/Bar_and_Nightclub_Business_Plans/Bar_and_Tavern_Business_Plan/executive_summary_fc.cfm
http://www.sba.gov/smallbusinessplanner/plan/writeabusinessplan/index.html
Lots of good free information from the Small Business Administration and they have a thing called SCORE, which is a bunch of retired people that are former business professionals and government officials that will help you for free with your business plan and business planning. You have to know a little something about estimating and accounting because you have to gather the costs of all the equipment and things you will need to start up the bar and then you will have to project your future income too. Good luck. Also, check with the Department of Commerce to see if they have any business grants available. The Small Business Administration has small business loans available through your local major banks so ask the people at SCORE about that too.
Hi Adam, more videos are on the way shortly to help demystify the process..
No, we never did. I’ve thought of ebay but how good can business be on ebay?
It seems your question has drawn every scam artist in the world! I don't know about Internet sites but there are several books at places like Barnes & Noble, Borders, and even Office Depot, that may be helpful. You should also talk to your local S.C.O.R.E. office. Your bank manager might be able to guide you, too. Probably the best way to do it is to ask someone who has already written a business plan and gotten a loan, how he/she did it.
it worked for one of my friends,but do it only as extra, and not as a job
A business plan does not guarantee a businesses success. However, if it is a well written business plan then it will provide a good platform for the success of your business.
You wouldn’t build a house without a plan right? Well, with business its the same thing, planning provides the foundations that you can then build your business upon.
Glad you liked it, shortly there will be more being added to help start-ups and early stage businesses..
The music for this video is too loud and extremely distracting. You might want to think about removing it. It’s making it absolutely impossible for me to follow anything at all.
Apologies if the music was distracting..