Business Plan Development

Every business needs to have a written business plan. Whether it’s to provide direction or attract investors, a business plan is vital for the success for your organization. But, how do you write a business plan?

 Recommends that a business plan include:

• Executive summary — a snapshot of your business
• Company description — describes what you do
• Market analysis – research on your industry, market and competitors
• Organization and management — your business and management structure
• Service or product — the products or services you’re offering
• Marketing and sales — how you’ll market your business and your sales strategy
• Funding request — how much money you’ll need for next 3 to 5 years
• Financial projections — supply information like balance sheets
• Appendix — an optional section that includes résumés and permits