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    Online Business Plan Template

    Uploaded by

    Tarteil Trading

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Online Business Plan Template

    Uploaded by

    Tarteil Trading
    33 views5 pages

    Original Title

    Copy of Online Business Plan Template

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    © © All Rights Reserved

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    PDF, TXT or read online from Scribd

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    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    33 views5 pages

    Online Business Plan Template

    Uploaded by

    Tarteil Trading

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 5

    Burst Forth Online Magazine

    Online Business Plan

    Prepared by

    Samantha Stephens
    sstephens@bfomag.com
    February 16, 2023

    Create your own Proposal for FREE on Template.net or Remove Template.net Branding
    Executive Summary
    Objectives:

    1. To secure a minimum of 500 subscriptions before the launch of the online magazine
    2. To successfully launch the online magazine by September 16, 2023

    Unique Selling Point:

    Burst Forth Online Magazine is created for a speci c target market not just to earn money but to help the youth in
    their endeavors. Part of the revenue the publication generates will be used to fund scholarships under the US
    Youth of Today Foundation.

    About Us
    Burst Forth Online Magazine is an upcoming digital publication that aims to help, inform, empower, and entertain
    young adults across the country. It is organized by the US Youth of Today Foundation and is set to launch on
    September 16, 2023.

    Products/Services & Pricing


    The online publication will be on subscription basis. After a one-week free trial, subscribers will be asked to pay
    for a $10 monthly subscription or a $100 yearly subscription. It also aims to earn through advertisements and
    sponsored contents.

    Target Market
    The target market will be the young adults and young professionals across the country between 18 and 35 years
    old who are looking for job openings, advice and recommendations for students and young professionals, stories
    and articles about empowerment, mental, and emotional issues, news and updates, and entertainment contents.

    Competition
    The company’s competition will be the following:

    1. Youngly E-Magazine

    Youngly E-Magazine is a youth-oriented online magazine which also does paper publication since 2015.

    2. Lift Up Online Publication

    Lift Up Online Publication is a church-funded magazine online that helps young people in their spiritual journey in
    school and at work.

    Create your own Proposal for FREE on Template.net or Remove Template.net Branding
    SWOT Analysis

    METRICS POINT 1 POINT 2

    Writers are professional and most of Photos, layout, and design are done by
    Strengths
    them are experts and licensed coaches one of the country’s top publishers

    Weaknesses The publication is new to the market Budget is limited

    Some of the writers are willing to work There are a few local brands who are
    Opportunities
    pro-bono interested to invest on the business

    Possible delay of article submission


    Competitors are looking to reducing
    Threats since some writers are contributors
    their subscription rates
    and are not full-time employees

    Marketing Plan
    The online magazine will focus on sending email letters and SMS messages, advertising in social media and
    google ads, and sending press releases to the media.

    Operational Plan

    ACTION ASSIGNED TO END DATE

    Send quotations and proposals to


    prospect investors and local brands to Jeffrey Hardin June 25, 2023
    advertise in the online magazine

    Identify and create relevant and


    interesting contents, do a photoshoot,
    Berniece Kennedy September 10, 2023
    and oversee the website design and the
    content layout

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    Team

    Berniece Kennedy
    Project Manager

    Jeffrey Hardin
    Sales Manager

    Projected Startup Costs

    DESCRIPTION AMOUNT PERCENTAGE

    Website Development and Hosting $5,000.00 55.56%

    Photoshoot Allowance $1,000.00 11.11%

    Licenses and Supplies Allowance $2,000.00 22.22%

    Other Expenses $1,000.00 11.11%

    Startup Fund Available $0.00 0%

    Total Startup Costs $9,000.00 100%

    Projected Pro t & Loss Statement

    DESCRIPTION YEAR 1 YEAR 2

    Sales $50,000.00 $55,000.00

    Cost of Sales $15,000.00 $18,000.00

    Gross Pro t $35,000.00 $37,000.00

    Total Expenses $15,000.00 $18,000.00

    Net Pro t (Loss) $23,000.00 $19,000.00

    Create your own Proposal for FREE on Template.net or Remove Template.net Branding
    Projected Balance Sheet

    DESCRIPTION YEAR 1 YEAR 2

    Cash $20,000.00 $30,000.00

    Other Assets $10,000.00 $10,000.00

    Total Assets $30,000.00 $40,000.00

    Accounts Payable $8,000.00 $10,000.00

    Other Liabilities $8,000.00 $10,000.00

    Total Liabilities $16,000.00 $20,000.00

    Equity Capital $8,000.00 $8,500.00

    Retained Earnings $8,000.00 $11,500.00

    Total Shareholder’s Equity $14,000.00 $20,000.00

    Total Liabilities & Shareholder’s Equity $30,000.00 $40,000.00

    Appendix

    Youngly E-Magazine Website

    The o cial website of one of our main competitors

    Lift Up Online Publication Website

    The o cial website of one of our main competitors

    Create your own Proposal for FREE on Template.net or Remove Template.net Branding

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