The business plan is a roadmap that details where the cooperative is going and

how to get there. It explains what the business is and how it will be operated.
Having a good business plan will help cooperatives minimize risks of failure.
It can also be used by cooperatives in applying for support from development
programmes.
A business plan should be reviewed and updated regularly to reflect changes in
the business environment and status of the cooperative. In this session, you will
familiarize yourselves with the structure of the business plan
The following are the different sections of the business plan:
•
Executive Summary
•
Business Profile
•
Marketing Plan
•
Operations Plan
•
Management Plan
•
Financial Plan

A written document describing the nature of the business, the sales

and marketing strategy, and the financial background, and containing
a projected profit and loss statement. A business plan is also a road
map that provides directions so a business can plan its future and
helps it avoid bumps in the road.
How do you write a business plan sample?
So, here are seven steps for writing a perfect business plan.

1. Research, research, research. ...

2. Determine the purpose of your plan. ...
3. Create a company profile. ...
4. Document all aspects of your business. ...
5. Have a strategic marketing plan in place. ...
6. 6. Make it adaptable based on your audience. ...
7. Explain why you care.

What are the 10 components of a business plan?

Top 10 Components of a Good Business Plan

 Executive Summary. Your executive summary should appear first in your business plan. ...
 Company Description. ...
 Market Analysis. ...
 Competitive Analysis. ...
 Description of Management and Organization. ...
 Breakdown of Your Products and Services. ...
 Marketing Plan. ...
 Sales Strategy.