The Business Plan
This is an important step for entrepreneurs, a business plan is a road map for your business. It defines your business goals, why they are attainable, and how you are going to reach them. You will need one when dealing with lenders, investors, and banks
A business plan is a written description of your business’s future. This can help a number of tasks for entrepreneurs that are seeking investors. It is use for companies that are trying to attract prospect for new business, suppliers or simply to understand how to manage their companies better.
What does the Business Plan include?
It includes a Cover page and Table of contents, Executive Summary, Business Description and SWOT Analysis, Market Research & Industry Analysis, Marketing Plan, Management Summary and Operations Plan, Financial Projections, Break Even Analysis, & Conclusion.