Contents of a Good Business Plan

Contents- A startup business plan is simply a document that tells what you plan to do in your business, it is a description of your new or old business`s future, and this content “Business Plan How to Write One” shows how business plans are inherently strategic and easy steps to take.

Every b.p needs to have a designed or written  plan. The beginning of a good business is from your business plan. It can provide attract investors or provide directions to success, a business plan is vital for the success of your business or organization.

Here, are contents of a  good business format:

A Business Plan Format must contain:

• Nature of the business
• A detailed description of products and services
• Estimation of risk based on analysis of the industry
• Size of business
• Location of business
• Background of entrepreneur
• Marketing plan
• Customer and their demand for product and service
• Price for product and service
• Comparison of product and service with competitors
• Financial plan
• Investment needed to start and maintain the business
• Projected income, expenses, and profit
• Cash start-up and cash flow needs
• Organizational plan
• The legal form of ownership
• Legal factor-licenses, lease, contracts
• Organizational chart
• Job descriptions and employee skills needed
• Physical facilities-buildings, equipment, tools

Furthermore, a large business must contain the following in her business plan:

• Company Description (describes what you do).
• Executive Summary (snapshot of your business)
• Market Analysis (research on your organization, investors, market, and competitors)
• Product and Services (products or services you`re offering)
• Sales and Marketing (how you`ll market your Product and Services and your sales strategy)
• Funding Request (how much money you`ll need for the next 2 to 7 years)
• Organization and Management (business and management structure)
• Financial projections (provide information like a monthly report or balance sheets)
• Appendix (this includes sums and permits, it`s an optional section)

Also:

• The legal form of ownership
• Legal factor-licenses, lease, contracts
• Organizational chart
• Job descriptions and employee skills needed
• Physical facilities-buildings, equipment, tools

Categories: Finance

Disclaimer for nTells Online Tech. - All the information on this website - https://ntells.com - is published in good faith and for general information purpose only. nTells Online Blog does not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information you find on this website (nTells Online Blog), is strictly at your own risk. nTells Online Blog will not be liable for any losses and/or damages in connection with the use of our website.

From our website, you can visit other websites by following hyperlinks to such external sites. While we strive to provide only quality links to useful and ethical websites, we have no control over the content and nature of these sites. These links to other websites do not imply a recommendation for all the content found on these sites. Site owners and content may change without notice and may occur before we have the opportunity to remove a link which may have gone 'bad'.

Please be also aware that when you leave our website, other sites may have different privacy policies and terms which are beyond our control. Please be sure to check the Privacy Policies of these sites as well as their "Terms of Service" before engaging in any business or uploading any information.

Consent - By using our website, you hereby consent to our disclaimer and agree to its terms.