Business Growth Plan
Participants develop a comprehensive plan for growing an existing business. The written document is prepared in advance, then presented and defended before a panel of judges. The plan must demonstrate strategic thinking, financial literacy, and reali...
Document Sections (7)
A one-page overview that captures the essence of the entire growth plan. This is the first thing judges read and often d...
A detailed description of the existing business including its history, products/services, current revenue and profitabil...
A thorough Strengths, Weaknesses, Opportunities, and Threats analysis that grounds the growth strategy in reality. Each ...
The core of the plan. Detail the specific growth approach: organic expansion, franchising, acquisition, new markets, new...
How the business will attract and retain customers during and after the growth phase. Cover positioning, target market s...
Three-year pro forma financial statements including income statement, balance sheet, and cash flow statement. Must inclu...
A phased timeline with specific milestones, responsible parties, and measurable deliverables. Typically a Gantt chart or...
Scoring Rubric (30 total points)
Practice Prompts (5)
Sweet Rise Bakery has operated a single location in downtown Portland for 5 years, generating $850K in annual revenue with a 22% net profit margin. They have a loyal customer base ...
ThreadLine is a 3-year-old direct-to-consumer sustainable clothing brand generating $1.4M in annual online revenue. Their average order value is $78 and they have 12,000 repeat cus...
PulseCore Fitness operates 3 company-owned boutique fitness studios in Austin, TX with combined annual revenue of $2.1M. Each location averages 400 active members paying $129/month...
TaskFlow is a 2-year-old project management SaaS tool with $600K in annual recurring revenue (ARR), 150 paying business customers, and a monthly churn rate of 4%. The product has s...
CleanPro Solutions is a 7-year-old commercial cleaning company serving 85 office buildings in the Charlotte, NC metro area. Annual revenue is $1.8M with a 15% net profit margin and...
Common Mistakes to Avoid (10)
Writing the executive summary first instead of last
Fix: Complete every other section first, then write the executive summary as a true summary of the finished document....
Using vague growth targets like 'increase revenue significantly'
Fix: State every goal with a specific number, timeframe, and baseline: 'Grow revenue from $850K to $2.4M within 36 months.'...
Presenting financial projections without stating the underlying assumptions
Fix: List every assumption explicitly: growth rate, margin expectations, customer acquisition rate, pricing changes, cost increases. Cite industry benchmar...
+7 more common mistakes covered