Every business plan must begin with an Executive Summary section.
Use the Executive Summary section of your business plan to accurately describe the nature of your business venture including the need that you plan to fill. Show the reasons why people need your product or service.
Describe the organization of your business including your management team. Otherwise, they'll close the document and add your business plan to the heap of other rejected ideas.
Devote the balance of your business plan to providing details of the items outlined in the Executive Summary.
The Business Section
Market Analysis Section
This section is basically a summary of your Marketing Plan.The Financing section must show that you are as committed to your business venture as you expect those reading your business plan to be.
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Five Crucial Components of a Business Plan
Expand the market reach of the present line of products or services. Reaching out for a wider market is bound to increase sales volume.Introduce new products for a new market.
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