A business plan is a road map for the direction of your company. It specifically defines your business and clearly states your goals.
A good business plan is also an important part of any loan package because it provides specific and organized information about your company and how you will repay borrowed money. A basic Business Plan components include:
- Executive Summary
- Business Concept
- Products and Services
- Market Analysis
- Marketing Plan
- Operations
- Ownership, Management and Organizational Plan
- Financial Data
- Critical Risks
- Appendices/exhibits
Sameer Bansal is the Principal Consultant at Brandfocal. He helps clients with their branding, content marketing and technical writing efforts.
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