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Business Tools, Apps and Templates

Business Point

Business Tools, Apps and Templates


Business Plan

You would not build a house without a plan, so why risk running a business without a business plan?  Each business requires its own customised plan to tell its own story.  A business plan will:

  • help you evaluate whether your business is likely to be a success or not
  • be of assistance in obtaining finance
  • will guide you in getting your business to where you want it to be.

Business Plan Template (MS Word Document)
This template provides you with an outline to assist you write a successful business plan
(Supplied by the Department of Business Industry and Resource Development, Northern Territory Government) 

Business Plan Template (MS Word Document)
This detailed template contains the headings, structure and example content to guide you in developing a thorough business plan
(Please save to your computer and ensure your macros setting is turned on*).

Now also available in an app.

Marketing Plan

A marketing plan is critical to your business.  A Marketing plan:

  • attracts and retains customers making it a key driver of the performance of your business
  • brings together all the relevant market factors and identifies how to sales goals.
    Marketing Plan Template (MS Word Document)
    This template provides you with an outline to assist you write a successful marketing plan
    (Supplied by the Department of Business Industry and Resource Development, Northern Territory Government)


Marketing Plan Template (MS Word Document)
This detailed template contains the headings, structure and example content to guide you in developing a thorough marketing plan
(Please save to your computer and ensure your macros setting is turned on*).

* When saving the template to your computer click on ‘Save As’ and change the file type to a ‘Macro-Enabled Document’ using the drop-down menu at the bottom of the ‘Save As box’.

Now also available in an app.

 

WHK logoFinancial Calculators

Financial Strengths and Weaknesses Ratio Analysis Tool

Finance is the language of business, and using financial ratios we can spot the strengths and weaknesses of your business. These ratios tell us how profitable your business is, the level of financial risk and different measures of efficiency that the business is operating at.

The ratios featured here focus you toward key areas of risk and improvement. There are others which may fit your specific industry, or focus.

It is useful not only to calculate your ratios, but also watch how they trend. Any change would need to be explained, particularly if it is negative.

The Financial Ratio Analysis tool contains instructions on each sheet for you to follow. You will need Microsoft Excel 97 or above to use this tool.

Please note that the benchmarks included in this tool are general in nature. Contact your accountant to get industry specific benchmarks for your situation.

This tool is for information purposes only and does not represent personal advice. In order for recommendations to be made that are appropriate for your needs, objectives and goals please seek your own professional advice.

Click here to access this tool (MS Excel)

 

Break Even Calculator

The Break Even Calculator will help you determine your break even sales: the total sales you need to break even on your fixed costs. The first step is to use the tool to calculate your break even in terms of dollar sales required. You can then use the tool to determine the total number of transactions you need to reach your break even sales. These are important operational measures that allow you to ‘know when you have had a good day’.

There are five ways that you can increase your profit. These are:

  1. Increase the number of potential buyers you make contact with.
  2. Increase the number of potential buyers who actually buy.
  3. Increase the number of time buyers actually buy each month or year.
  4. Increase the amount that buyers buy in a transaction.
  5. Decrease the direct and overhead costs of each product or service or increase the price of each product or service.


The 5 Way Planner component of the tool can be used to assist you with prioritising which of the above areas to focus on to have the biggest impact on your bottom line.

The Break Even Calculator contains instructions for you to follow. You will need Microsoft Excel 97 or above to use this tool.

This tool is for information purposes only and does not represent personal advice. In order for recommendations to be made that are appropriate for your needs, objectives and goals, please seek your own professional advice.

Click here to access this tool (MS Excel)

 

Cash Gap Analysis tool

Cash Gap is the number of days between a business’s payment of cash for goods and services bought and the receipt of cash for goods and services sold.

The cash gap tool calculates the average time it takes to receive credit payments and the average time it takes to make payments. If the payment period is less than the collection period, you are paying your bills faster than you are receiving your revenue. This ties up working capital, as you have to fund the payments from your cash balance. It means you loose the benefit of interest on your money and potentially you have to make the payments from short term borrowings. You are effectively being a bank for other people. This tool looks at how much cash you have tied up funding your payments.

The Cash Gap Calculator contains instructions for you to follow. You will need Microsoft Excel 97 or above to use this tool.

This tool is for information purposes only and does not represent personal advice. In order for recommendations to be made that are appropriate for your needs, objectives and goals please seek your own professional advice.

Click here to access this tool (MS Excel)

 

Find A Loan tool

Using the Business Loan Finder can help you find and compare business loan options. With the Find A Loan tool you can type in the amount of money you need to borrow, specify whether you need it upfront or at call, decide on the type of security you want to provide (residential, non-residential or none at all) and the Find A Loan tool takes care of finding the loans that meet your needs. With up-to-date information supplied by InfoChoice, Find A Loan is a useful guide to the business finance options available from banks and other lenders.

Click here to access this tool



betterkitbookWorkforce Planning

Better Workplaces Employer Resource Kit

The Better Workplaces Employer Resource Kit provides information and resources to assist Tasmanian small businesses with modern employment and workplace practices.

Click here to access this resource


 

This page has been produced by the Department of Economic Development, Tourism and the Arts. Questions or comments concerning the contents of the site can be directed to the webmaster by email to info@development.tas.gov.au.

The URL for this page is: http://www.development.tas.gov.au/economic/business_point/business_templates    This page was last modified on 26th October 2012.