Professional Documents
Culture Documents
Business Plan
• It is a formal statement of a set of business goals, the reasons
why they are believed attainable, and the plan for reaching
those goals.
• It is simply a resume for your proposed business.
• It is a tool that helps to decide whether or not a business is
qualified for money, resources and time investment.
General Rules for writing a business plan
• Write the plan yourself
• Back up every claim you make with supporting evidence
• Write clearly and to the point
• Avoid hyperbole: don't overstate your case
• Ensure that your writing is error free
• Choose a simple, common font such as Times New
Roman, and stick with it throughout
• Use professionally produced drawings, photographs, and
graphs
• Bind the pages simply.
• Make sure you include your contact information right on
the cover.
Content of a business plan
• Executive Summary
• Your Planned Venture
• Market Research
• Your Background and History
• Management Team
• Ownership
• Start-up Plan
• Operational Plan/Product Description
• Marketing Plan
• Financial Plan
• Appendix
Importance of a Business Plan
It can contain all the elements of the concept presentation plan, but primarily
it examines in depth financial projections or statement.
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