Business plan according to tacis standard

A business plan is not just another folder containing data about a company, but a document with which a manager must work both at the initial stage of establishing his business and in the future. Most often, entrepreneurs need it when looking for partners or investors for their business. A well-written, structured company development plan will help convince investors that the business is promising, and suppliers and partners - in its reliability. But how to draw up this document correctly, what points in it are key and obligatory for writing, and what can you miss?

Compliance

There are several opinions as to what structure a business plan should have. Such reputable organizations as the European Bank for Reconstruction and Development (EBRD), the United Nations Office for Industrial Development (UNIDO), the Commonwealth of European Independent States participating in the Economic Reform Acceleration Program (TACIS), the Federal Fund for the Support of Small Business and the Ministry of Finance of the Russian Federation offer their standards for drawing up an optimal project for a commercial undertaking.

In general they are very similar and require the following sections in the plan:

  • Introduction.
  • Description of the product, business, and industry.
  • Advertising and marketing campaign.
  • Production plan.
  • Organization chart.
  • Finance.
  • Identify potential risks.
  • Applications.

There are also differences in these recommendations, so UNIDO considers the inclusion of an item on the focus and efficiency of the business as a prerequisite, in which it is necessary to analyze the sensitivity of the enterprise to external factors. And the TACIS community proposes to place special emphasis on production planning.

General

Still, most experts are inclined to think that the structure of a business plan can be free. This document is not unified and it is not customary to create it according to any specific template. Highlighting the above points is mandatory because it is impossible to imagine an enterprise whose organization would not involve solving the problems corresponding to these points.

Special computer programs can also suggest what to write about in a business plan. As a result, the creator of the project will receive elementary work. The data is entered into the form, after which the service automatically generates the document.

The following is the optimal structure of the business plan and the abstract for each section.

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One of the programs offered by the European Union to assist the CIS countries is TACIS.

Developed in the early 1990s in Western Europe, it promotes the development of strong economic and political ties both between the countries of the former Soviet Union and between Western and Eastern Europe in general. The main goal of the Tacis program is to create a community based on the economic prosperity and political freedom of the partner countries. The program is specifically designed to provide additional assistance in achieving this goal.

TACIS has special standards developed by the European Union to assist in running and organizing business, as well as in the development of various business projects. About

However, the standards of the European Union, like those of other associations, should only be taken as a guide for drawing up a business plan. It must be remembered that there cannot be uniform universal standards due to differences in the goals and methods of doing business.

TACIS (Technical Assistance for the Commonwealth of Independent States) - technical assistance to the Commonwealth of Independent States.

The main sections of the business plan offered by the TACIS program:

  • Front page
  • A page dedicated to copyright regulation of this document
  • Business plan abstract 3. ... Doing Business 3.. Product brief description 3.. Description of the market environment 3.. Personnel (with a separate separation of the management team) 3.. Cash Allocation
  • Business Strategy Outline
  • Product Marketing and Sales Analysis 5. ... Examining Sales Data 5.. Marketing steps strategy
  • Production strategy 6. ... Production deployment plans 6.. Features of local infrastructure 6.. Production integration tactics 6.. Provision of production resources 6.. Requirements for production areas and possible placement options 6.. Required production equipment, its placement and purchase 6.. Calculation of the production plan 6. Technical control. 6.. Critical variables affecting the production process 6. Calculation of capital investments, accounting for depreciation and calculation of stock value
  • Business management system7. Description of the personnel chain 7. Process of agreement and decision making 7.. Description of the management team with a track record
  • Financial component of the case8. ... Solving various preparatory questions 8.. Timeline for the deployment of the plan 8.. Period frequency for planned development 8.. Business lines and analysis of one of them 8.. Estimation of the error of financial statements 8.. Product cost price 8.. Calculation of the cost of products (or services) 8.. System for calculating losses and profits 8.. Balance sheet 8. 0. Forecast of the planned and possible financial flow 8. 1. Calculation of the total profit and profitability of the enterprise
  • Analysis of risk factors9. ... Risks due to technical factors 9.. Financial risks 9. Investment analysis 9. Analysis of possible results of the proposed business based on a mathematical model 9. Credit and other risks
  • Applications

This standard for the structure of a business plan, developed within the framework of the TACIS program, takes into account Russian specifics. When writing your business plan, it will not be superfluous to indicate that it was developed on the basis of this standard.

We will be happy to help you with your questions.

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Standards and methodologies for preparing business plans

adopted in the Russian Federation and on international investment and financial markets. You can download it in the Word file at the bottom of this article.

By numerous requests, for information, we bring to your attention various requirements for standards and methods of preparation, execution and development of business plans prepared by the Moscow Legal Center Malina.

A business plan is a document that describes a specific business idea and possible ways to implement it.

The main function of a business plan is to assess how realistic it is to implement a given business idea, and if so, what kind of profitability the project promises and what risk it entails.

The importance of a comprehensive and thoughtful business plan cannot be overstated. A lot depends on the business plan: external financing, provision of credit from suppliers, management of operations and finance, development and marketing of the business, and ultimately the implementation of the company's mission.

However, despite the critical importance of a business plan, many entrepreneurs hesitate to the last to write a written document.

This is not least due to the fact that they simply do not know where to start, and therefore find various excuses for their inactivity - for example, lack of time or the rapid development of the market, as a result of which any business plan to the moment it is written and approved it will inevitably become outdated.

Business Plan Standards in Russia

Concise and accessible describes the business, the most important tool when considering a large number of different situations, allowing you to choose the most promising desired result and determine the means to achieve it.

So-so socially oriented.

(United Nations Industrial Development Organization (UNIDO) - an organization supporting the development of developing countries. The general structure adopted for this standard is described. The standard is especially emphasized on the detailed description of the idea. It is the most common technique.

Standards and methodologies for preparing business plans

adopted in the Russian Federation and on international investment and financial markets. You can download it in the Word file at the bottom of this article.

By numerous requests, for information, we bring to your attention various requirements for standards and methods of preparation, execution and development of business plans prepared by the Moscow Legal Center Malina.

A business plan is a document that describes a specific business idea and possible ways to implement it.

The main function of a business plan is to assess how realistic it is to implement a given business idea, and if so, what kind of profitability the project promises and what risk it entails.

The importance of a comprehensive and thoughtful business plan cannot be overstated. A lot depends on the business plan: external financing, provision of credit from suppliers, management of operations and finance, development and marketing of the business, and ultimately the implementation of the company's mission.

However, despite the critical importance of a business plan, many entrepreneurs hesitate to the last to write a written document.

This is not least due to the fact that they simply do not know where to start, and therefore find various excuses for their inactivity - for example, lack of time or the rapid development of the market, as a result of which any business plan to the moment it is written and approved it will inevitably become outdated.

Business Plan Standards in Russia

Concise and accessible describes the business, the most important tool when considering a large number of different situations, allowing you to choose the most promising desired result and determine the means to achieve it.

UNIDO Methodology: Some Issues of Business Plan Preparation Irina Koltsova Consulting Director, Leading Consultant "Alt-Invest", DipIFR, CIMA

Table of Contents

Introduction

We present to your attention a series of articles dedicated to the UNIDO methodology. They talk a lot about it, they often clarify the implementation of our projects according to UNIDO standards, but few people really got acquainted with these standards / recommendations.

UNIDO stands for United Nations Industrial Development Organization - United Nations Industrial Development Organization.

Industrial Feasibility Study Preparation Manual is the full name of the methodology, which is called the UNIDO Methodology. It was first published in 1978 in response to the lack of comprehensive standards for project appraisal in developing countries. Since then, the UNIDO approach to preparing feasibility studies has been adopted by government ministries, banks, financial institutions, institutions of higher education and consulting firms.

The comprehensive approach adopted in UNIDO standards requires professional knowledge in many areas - marketing, market analysis, location, site and environmental research, technology, energy, financial analysis, management, personnel management.

In this series of articles, we will consider some issues of preparing a business plan, recommended by UNIDO's methodology, adapted to the Russian conditions for preparing investment projects based on real examples. The material will be interesting and useful to specialists in the field of finance, economics, production, management, as well as heads of structural divisions.

The appendices offer the general structure of an integrated documentation system for evaluating investment projects - with this background information, work on the project begins - as well as examples of calculations.

Investment project cycle

Development of any investment project - from idea to operation - can be represented as a cycle consisting of three phases: pre-investment, investment and operational. The total duration of the three phases is the life cycle (life span) of the investment project.

Each phase can have several stages containing different activities: consulting, design and production.

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