Monday, January 14, 2008

Starting A Small Business Series-Business Plan Essentials:

I have started with the basics when it comes to getting your business plan up and going. Today I will show you some of the essential elements you will need in your business plan. In future weeks we will discuss each one of them and then talk about other things you may want to include in it.

From the Small Business Administration website here are the essentials you will want in your business plan:

Executive Summary

Market Analysis

Company Description

Organization & Management

Marketing & Sales Management

Service or Product Line

Funding Request

Financials

Appendix

Your business plan may require more information since every plan is different. But this is the bare minimum you will want. Even though the Executive Summary comes first in the business plan we will talk about it last since you should write it last.

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