Business Plan Outline Page 4

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8) Who will your lawyer, accountant, insurance agent, and other advisory
team members be?
9) How will you manage your record keeping, finances, and inventory?
10) What licenses, permits or regulations will affect your business?
(Attach copies of licenses,permits or regulatory forms)
11) Will you have to collect and pay sales tax, and if so, how much and for
which entity (state or city)?
12) What types of insurance will you need (Attach bids or copies of policy
summary page)?
13) What types of payments will you accept (cash, check, credit cards,
house accounts. etc.)?
14) What contingency plans have you made for you?
I)
What will you do if you become sick or are injured, or in the
event of a family or personal emergency that takes you away
from the business? Who will take care of the business? How
much will it cost?
II)
What will you do if your car breaks down?
What will you do if your day-care provider can’t take care of your kid/s
today or if your kid/s are too sick to go to school?
15) What contingency plans have you made for the business?
I)
What will you do if sales are not what you expected? What will
you do to increase them?
II)
What will you do if costs are higher then you expected? What will
you do to decrease them?
III)
How will you make decisions to continue to stabilize or increase
your cash flow and profits?
What will you do if a competitor lowers their prices?
D) FINACIAL PLAN
4

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