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Basic Criteria for a complete plan
- You need to submit your Plan Application before you can submit your complete Business Plan.
- A BiD Network Complete Business Plan consists of two parts: a Written part in which you elaborate on the Business, the Entrepreneur and the Development Impact of your business, and a Financial Plan part in which you add the relevant financial data of your company;
- Your business plan will only be accepted to the Assessment if both parts are completed;
- The Written Part of your business plan must be no longer than 15 pages (Verdana 10 pdi and excluding table of contents page, titel page and possible photos, logos, graphs, financial tables, appendices, etc. you add to the text);
- You are free to hand in your complete business plan in any format you like. If you already have a complete business plan, you may use this. However the assessment of all complete Business Plans is based on the Official Business Plan formats, so make sure that all issues mentioned in this given format are covered!
Which steps should I take to submit my complete business plan?
To ensure that you submit all Business Plan documents in the right order, you have to upload online:
- your CV;
- your complete Business Plan format;
- your complete Financial Template including cash flow, budget, balance sheet, financial planning.
How to do this? Please follow the next steps:
To upload your CV:
- Log in and go to your profile;
- Click on ‘edit this page’;
- Scroll down and click on the box [+document] to upload your CV;
- To hide your CV from other BiD Network members and non members (but to make sure the BiD Network organization can see it) set the Trust Settings view of the document to “Friends”: Trust Settings view -> Friends;
- Finally: to finish click on ‘Save this page’ in the top left corner of page.
To submit your complete Business Plan (and Full financial template):
Follow the next steps :
- Log in and go to your profile;
- Click on the relevant box of your online Plan Application template on the left side of the page;
- Click on ‘Edit this page’ button on the top left of the page;
- Scroll down to the bottom of the page and click on the button [+ Business Plan Document];
- First upload your Business Plan document (so including both the written part as well as the copied sheets of the financial plan);
- Then upload your relevant full financial template;
- Check if your CV has been uploaded on your personal profile page;
- Finally, click on submit to submit your complete plan.
- After you have submitted your complete Business Plan it will be locked untill it has passed assessment, either being rejected or accepted. This means you cannot edit your Business Plan while being assessed.
Please note that even though you have already copied 6 of these sheets into your Business Plan document, but it is important to also upload the Full financial template with all its sheets, so that possible assessors and jurymembers can check your calculations when necessary.
How much time do I have to upload my complete business plan?
It is possible to upload your complete Business Plan either:
- together with your Plan Application within 14 days from starting a new contribution; or
- after your Plan Application has been approved by BiD assessment within 90 days.
!! Please note that the BiD Challenge business plan competition in your country, MAY HAVE AN EARLIER DEADLINE! Check this year's competitions and their deadlines (and other information) here.
Trust settings
To hide your complete Business Plan and your Full financial template from other BiD Network members and non members (but to make sure your possible coach can see it) set the Trust Settings view of each individual document to “Friends”: Trust Settings view -> Friends
Finally: to finish click on ‘Save/view this page’ in the top left corner of page. Because your plan will be locked after submission, it is important to set the trust settings before you submit your plan.
Extra
We recommend you to be as specific as possible. Any relevant figures, data, pictures, names and organisations you give will improve the quality of your Business Plan.
You can click on the boxes: "Inspiring business plan examples" and "BiD Challenge Business Plan templates", and the "Help Guide" on the top right side of this page for templates, useful tips and instructions.
Official Business Plan templates