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Wednesday, November 28, 2012

The Basic Parts of Business Plans

  • Executive summary: Synopsis of the business plan. Should be done last.  
  • HR Plan: Employees, who does what and their qualifications.
  • Operations: Information about the location of the business, hours and costs of maintaining your location.
  • Marketing: How product/service will be marketed, promotional methods, how customers will be retained and the costs of marketing. 
  • Financials: Usually includes cash flows, balance sheets and income statements.
  • Appendix: Supporting documents, diagrams, bank statements, marketing research and lease agreements.

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