GREATER SEMINOLE AREA CHAMBER OF COMMERCE
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5 core questions addressed by your business plan

At the heart of all business plans are at least five common sections that address the core questions that face all new start-ups. We recommend proceeding through these sections in order, making sure that you can complete each step before proceeding to the next. For example, if the market feasibility proves to be negative, then there is no need to proceed to developing financials.
I. Description of the business and industry
  • What is it you propose to do?
  • Is it completely new or is it an organized industry?

2. Market Feasibility Analysis
  • How many people want this? (Request a demographic or consumer spending report)
  • How many people are providing it? (Request a competitor report)

3. Financials (Contact for FSBDC for assistance)
  • What are my fixed and variable expenses?
  • How much do I have to make to break even?
  • Can I make a profit?
4. Marketing Pan
  • What is the profile of my customers?
  • Where are they?
  • Where do they congregate?
  • Is the market growing or shrinking?
  • Why would customers pick my business over everyone else?

5. Documentation of Experience
  • What is the most cost effective way of reaching them?
  • What is their motivation and how do I work that into my message?
  • What experience does the management team have in the industry? In business?
  • In the specialized areas of sales, accounting, strategy, operations, organization building.
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Seminole Area Chamber of Commerce
SC Building
​9200 113th St
Seminole, FL 33772

Phone: 727-392-3245
Fax: 727-397-7753

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  • Home
  • Directory
  • About
    • About the Seminole Chamber
    • Board of Directors & Ambassadors
    • FAQ's
  • Join
    • Member Benefits
    • Chamber 101
    • Advertising with The Chamber >
      • Advertising Value Report
      • 2021 Sponsorship Guide
    • Chamber’s Welcome Center >
      • Member Support
      • Member Network
      • Business Catalogs
  • Resources
    • Community Resources >
      • COVID-19 Preparedness
      • City of Seminole
      • Go Local Go BIG >
        • Gift Cards
      • Hurricane Preparedness
      • Newcomers
      • Seminole Schools
      • Things To Do
    • Business Resources >
      • SERG >
        • 10-Step Guide to Starting a Business
        • Developing a Business Plan >
          • 5 Core questions addressed by your business plan
          • Sample Business Plan
        • Creating an Effective Marketing Strategy
        • Traffic Counts
        • Targeted Sales Leads
        • Competitor Information
      • Advertising & Marketing
      • Grow Local Grow BIG
      • Grow With Google Resources
      • Networking Mixer
      • Ribbon Cuttings
      • U.S. Census
  • Events
    • Chamber Events >
      • Annual Events >
        • Awards Banquet
        • Golf Tournament
        • Health+Wealth Expo
        • Installation Luncheon
        • Kids Appreciation Day
        • Shop-N-Sip
        • Shred-A-Thon
        • Stampede
      • Business After Hours
      • Chamber 101
      • Event Registration
    • Chamber Calendar
    • Community Calendar
    • Submit an Event
  • Chamber Spectrum Benefits
  • Contact & Media
    • Gallery
    • Newsletter
    • Press Releases
    • Join Mailing List
  • Member Login