Technical Plan

An environmental Impact report should also be completed for any manufacturing processes you may be involved in. This is usually a specialized document showing how "Green" your company is. In today's business climate it is very important.

Technical Documentation

In many circumstances, the input of technical information will not be required, in particular for smaller projects, none manufacturing projects or internet projects.

If the project involves land, building or considerable capital equipment then it is better to include information that is more technical. This is mainly due to the need for accurate figures for land, buildings and capital equipment, which cannot be estimated accurately. These are required for the Financial Reports. Often the cost of building, if guessed can vary widely, once you know the approximate area then a local building contractor should be able to give you a cost per square meter.

This process needs some initial design work therefore for a project including buildings and work areas you would need some form of initial plan showing the land area required and any construction such as this example.

Above is a plan of a proposed building, giving the area of construction required, for the square meters it is possible to estimate the total cost of the construction..

Below is a 3d drawing of a proposed project, whilst not essential to the business plan a drawing such as this does help sell the project to the financiers. Also for liaising with prospective clients/customers before the date of first production.

Other items referring to the capital costs should be added to the Technical Plan, such as a listing of capital equipment, a timing chart to show cash flow and, if the project relates to a manufactured item, process flow diagrams such as below. This utilizes my theory that if you cant put it on paper than there is little chance of being able to put the process together in actuality.

It is also worthwhile including initial product costing's, product specifications and any other information that will clarify the profitability of the project.

If the suggested technical information is included then the plan becomes a more valuable document containing the information needed to complete the project.

The appendices would hold anything that supported the figures of the business plan such as quotations, extracts from reports, copies of letters of intent to buy your product. These are discussed in the Sales section.