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	<title>RETROPEAK by Andreas Sachse &#187; business plan</title>
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	<link>http://retropeak.com</link>
	<description>Product design, innovation, new concepts, inventions and much more...</description>
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		<title>How to be (a bit more) professional</title>
		<link>http://retropeak.com/2009/10/12/how-to-be-a-bit-more-professional/</link>
		<comments>http://retropeak.com/2009/10/12/how-to-be-a-bit-more-professional/#comments</comments>
		<pubDate>Mon, 12 Oct 2009 06:26:26 +0000</pubDate>
		<dc:creator>Andreas Sachse</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Product Design Companies]]></category>
		<category><![CDATA[business case]]></category>
		<category><![CDATA[business plan]]></category>

		<guid isPermaLink="false">http://retropeak.com/?p=182</guid>
		<description><![CDATA[
If you&#8217;re the type, like me, who likes numbers and plans (*), here are some tips from the top of my head&#8230;
Guide to creating good business cases:

do proper market research
find realistic market numbers
be specific about your assumptions
build a proper model that can be reused for future products 
build various business cases based on the model

Now, [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://retropeak.com/wordpress/http://retropeak.com/wordpress/wp-content/uploads/2009/10/Screen-shot-2009-10-12-at-08.14.26.png" alt="Cash flow graph" title="Cash flow graph" width="280" height="170" class="alignright size-full wp-image-286" /></p>
<p>If you&#8217;re the type, like me, who likes numbers and plans (*), here are some tips from the top of my head&#8230;</p>
<p>Guide to creating good business cases:</p>
<ul>
<li>do proper market research</li>
<li>find realistic market numbers</li>
<li>be specific about your assumptions</li>
<li>build a proper model that can be reused for future products </li>
<li>build various business cases based on the model</li>
</ul>
<p>Now, insert your business case numbers into your overall business plan:</p>
<ul>
<li>be specific about your different cost elements</li>
<li>create a profit &#038; loss (P&#038;L) model</li>
<li>build a cash flow model in order to track your financial situation</li>
<li>create a sales model with input from your business cases </li>
</ul>
<p>&#8230;go sell!<br />
<br/><br />
:)</p>
<p><br/><br/>
<p>*) and even if you&#8217;re not, you should seriously consider reading into these things if you&#8217;re a start-up company &#8211; feel free to ask me questions using the comments feature!</p>
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