Professional Documents
Culture Documents
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BUSINESS PLAN
• How you plan to get your products and services in front of your target audience
5. Management and organization description
This section of your business plan explores the details of your business's management and
organization strategy. Introduce your company leaders and their qualifications and responsibilities
within your business. You can also include human resources requirements and the legal structure
of your company.
6. Products and services description
Use this section to further expand on the details of the products and services your company offers
that you covered in the executive summary. Include all relevant information about your products
and services. This includes how you plan to manufacture them, how long they can last, what needs
they may meet and how much you project it might cost to create them.
7. Competitive analysis
Add a detailed competitive analysis that clearly outlines a comparison of your organization to your
competitors. Outline your competitors' weaknesses and strengths and how you expect your
company might compare to these. Include any advantages or distinctions your competition has in
the marketplace. In addition, explore what makes your business different from other companies in
the industry, along with any potential issues you may face when entering the marketplace, if
applicable.
8. Operating plan/work plan
This part of your business plan describes how you plan to operate your company. Include
information regarding how and where your company plans to operate, such as shipping logistics
or patents for intellectual property. The operating plan also details operations related to personnel,
like how many employees you hope to hire in various departments.
9. Financial projection and needs
The financial section of your business plan explains how you anticipate bringing in revenue. If you
need funding for your business, this section also describes the sources and amounts for that
funding. Include your financial statements, an analysis of these statements and a cash flow
projection.
10. Exhibits and appendices/Optional for you mahi
The last section of your business plan provides any extra information to further support the details
outlined in your plan. You can also include exhibits and appendices to support the viability of your
business plan and give investors a clear understanding of the research that backs your plan.
Common information to put in this section includes:
• Resumes of company management and other stakeholders
• Marketing research
• Permits
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BUSINESS PLAN