By US Small Business Administration (SBA)
The following outline of a typical business plan can serve as a guide. You can adapt it to your specific business. Breaking down the plan into several components helps make drafting it a more manageable task.
Introduction
 | Give a detailed description of the business and its goals. |
 | Discuss the ownership of the business and the legal structure. |
 | List the skills and experience you bring to the business. |
 | Discuss the advantages you and your business have over your competitors. |
Marketing
 | Discuss the products/services offered. |
 | Identify the customer demand for your product/service. |
 | Identify your market, its size and locations. |
 | Explain how your product/service will be advertised and marketed. |
 | Explain the pricing strategy. |
Financial Management
 | Explain your source and the amount of initial equity capital. |
 | Develop a monthly operating budget for the first year. |
 | Develop an expected return on investment and monthly cash flow for the first year. |
 | Provide projected income statements and balance sheets for a twoyear period. |
 | Discuss your breakeven point. |
 | Explain your personal balance sheet and method of compensation. |
 | Discuss who will maintain your accounting records and how they will be kept. |
 | Provide "what if" statements that address alternative approaches to any problem that may develop. |
Operations
 | Explain how the business will be managed on a daytoday basis. |
 | Discuss hiring and personnel procedures. |
 | Discuss insurance, lease or rent agreements, and issues pertinent to your business. |
 | Account for the equipment necessary to produce your products or services. |
 | Account for production and delivery of products and services. |
Concluding Statement
 | Summarize your business goals and objectives and express your commitment to the success of your business. |
 | Once you have completed your business plan, review it with a friend or business associate.. |
 | When you feel comfortable with the content and structure make an appointment to review and discuss it with your lender. The business plan is flexible document that should change as your business grows. |
Details
What is included in a
business plan
Competitive Analysis
and Marketing
Operational and
Financial Management
Do it Yourself Outline:
Marketing Plan
Product or Service
Analysis
Marketing Strategies -
Market Mix
Marketing Tips, Tricks,
and Traps
Convert
Features into Benefits
Financial Management
Balance Sheet
Monthly
Cash Flow Projection
See Also:
7 Essential Pieces to a Winning Business Plan
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Finding a business opportunity on the net is easy. But evaluating the right one for you, takes a little knowledge.
What should you look for when evaluating an opportunity? Here are 9 pointers.
8 Steps to Creating a Simple Business Plan for 2004
Here are 8 simple steps to creating your own business plan.
Top 10 Tips to Create A Business Plan!
(For People Who Hate Business Plans)
One of the key challenges for any business is to remain focused and invest resources for maximum pay-off. A business plan can help, but most small business owners
hate doing them! In the spirit that any map is better than no map, here are
the top ten keys to creating your own map to success:
Ten Tips To Jump Start Your Business Plan
The process of putting together a coherent business plan will probably take longer
than you estimate. Along the way you will probably stop and say, "you know, we haven't really thought our strategies out very well, have we?" or "we don't really know our competition as well as we thought we
did."
Why you need a killer executive summary in your business plan
The purpose of the executive summary
is to entice the reader
to review, or request to review, the
entire business plan.
The executive summary is not a mini
version of the entire
business plan. Keep it brief. It should be viewed as a
marketing tool, a very important marketing tool.