Page 203 - Business Plans that Work A Guide for Small Business
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192   •   Index

                Industry overview, 49               industry analysis of, 59–78
                Infotrac, 72, 96                    management team plan, 123–125
                Initial public offerings (IPOs), 7–8  market testing of, 128–129
                Innovation, competition and, 129    marketing plan, 97–102
                International Franchise Expo, 69    offering plan, 136
                International Franchising           operations plan, 106–114
                      Association, 102              Quick Screen of, 27–34
                Internet-based businesses, 6–10, 92  store locations of, 157–158
                Inventory turn ratio, 142           success factors of, 74–75
                Investor realizable return (IRR), 27  table of contents, 53–55
                Investors, 14, 44–46, 119           Web site, 109–110
                  business planning and, 40, 41, 42,   Learning curve, for entrepreneurs, 4
                        161–162                    Legal rights, 122
                  due diligence and, 18, 53, 58–59  Lenk, Toby, 8
                  entrepreneurs and, 135           LexisNexis Academic, 72
                  IRR, 27                          Liabilities, 122, 152–153
                  Regulation D and, 47             Lifestyle firms, 24
                  valuation of company for, 133–134  Lifestyle opportunity, 24
                iPad, 7                            Loans, 136
                iPod, 9                            Local leases, 111
                IPOs. See Initial public offerings  London Business School, 2
                IRR. See Investor realizable return  Lotus 123, 9
                Item 19, of FDD, 95                Low pricing, 91

                Jiffy Lube, 64, 93                 Macroeconomic risk, 132
                Job security, 2                    Macroeconomic trends, 65
                Jobs, Steven, 1                    Margin analysis, of opportunity, 19
                                                   Market
                Kauffman Foundation, 1–2            acceptance, 127
                Kawasaki, Guy, 21                   consolidating, 57
                Kentucky Fried Chicken, 4           demand, 19–20, 91
                KFC, 139                            emerging, 57
                Kimbro, Dennis, 15                  niche markets, 15, 129
                Knowledge, of entrepreneurs, 13–14  research, 128
                Kroc, Ray, 5                        share, 8
                                                    target, 49, 89–90
                Lawrence, Steve, 142                testing, 128–129
                Lawyers, 14, 47, 121, 122          Marketing plan, 10, 46. See also
                Lazybones, 18                           Advertising and promotions;
                  Business Planning Guide for, 37–39    Customer/market analysis
                  company and product description,   communications strategy, 93,
                        82–88                             100–101
                  competitive analysis of, 73–77    critical risk analysis in, 128–129
                  cover letter, 48                  customer/market analysis in, 40,
                  critical risk analysis of, 131–136      66–71, 99
                  development plan, 115–117         distribution strategy of, 92–93, 99
                  documentation of evolution at, 158  emotional vs. rational response in,
                  executive summary for, 50–52            89–90
                  financial plan of, 143–155        forecasting sales in, 94–96
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