A business plan is a very important component of a business, because it functions as a road map of the business that we are going to start. A good business plan is when we fully understand the business that we will run.
Business plans have information about what business will be created, products or services, marketing strategies, pricing strategies, financial performance, and the name of the business to be run. If you need funding or capital from an investor, investors will certainly need a business.
There are countless formats in business plans and templates that you can use, in any case they must include the following:
1. Executive Summary
This executive summary is basically about what business will be run, what is for sale, and the long-term goals of the business to be run. This must be clear, and concise, so that investors are interested.
2. Company Description
This … Read more