The Business Plan
In the previous section, we understood what a business plan actually is. Now is the time to get down to the real. It makes no sense in only knowing what a business plan contains. Most business plans have a very specific type of matter.
In this section we give you what the actual section present in a business plan are. You are free to add more sections to your business plan if you so wish. Yet make sure that the following described sections, which are the most basic and the most important ones, are definitely present in your business plan.
The following is a basic outline of the kind of information needed in the business plan.
• Business Description, The Business and Mission, History
• Form of Ownership, Industry Trends, Management Personnel
• The Marketing Plan, Products and Services, The Market
• Competition, Marketing Strategies, The Operations Plan
• Materials and Personnel , Methods of Production, Distribution Channels
• Financial Plan, Profit and Loss Statement, Cash Flow Analysis
• Program a Balance Sheet, Break Even Analysis, Start Up Financing
• Attachments, Resume, Job Descriptions
• Personal & Business References, Leases, Contracts
• Letter of Indent to Purchase, Production, Endorsements
A business plan can be broadly divided into the following categories-
Cover page
Executive summary
Table of contents
Mission statement / Statement of purpose
Description of business
Industry analysis
Marketing plan
Competition
Operations plan
Financial plan
Management plans
Critical risks
In the previous section, we understood what a business plan actually is. Now is the time to get down to the real. It makes no sense in only knowing what a business plan contains. Most business plans have a very specific type of matter.
In this section we give you what the actual section present in a business plan are. You are free to add more sections to your business plan if you so wish. Yet make sure that the following described sections, which are the most basic and the most important ones, are definitely present in your business plan.
The following is a basic outline of the kind of information needed in the business plan.
• Business Description, The Business and Mission, History
• Form of Ownership, Industry Trends, Management Personnel
• The Marketing Plan, Products and Services, The Market
• Competition, Marketing Strategies, The Operations Plan
• Materials and Personnel , Methods of Production, Distribution Channels
• Financial Plan, Profit and Loss Statement, Cash Flow Analysis
• Program a Balance Sheet, Break Even Analysis, Start Up Financing
• Attachments, Resume, Job Descriptions
• Personal & Business References, Leases, Contracts
• Letter of Indent to Purchase, Production, Endorsements
A business plan can be broadly divided into the following categories-
Cover page
Executive summary
Table of contents
Mission statement / Statement of purpose
Description of business
Industry analysis
Marketing plan
Competition
Operations plan
Financial plan
Management plans
Critical risks