1. Business Plan

2. Business Plan Business Plan: A written description of a business
venture that describes all aspects of the business

3. Business Plan What will the company produce?
Who are my main competitors?
Why is my product or service needed?
What are my production cost?
How many people are needed to run the company?
What physical facilities will I need?
What license, permits or other legal documents do I need?
How much money do I need to get started?
Who will I sell my product or service to?

4. Parts of a Business Plan
Executive Summary: Brief account of the key points of
the business plan. Addresses key components of the plan.
Management Team Plan: Addresses qualifications of the
management team, partners and advisors.
Company Description: Provides an outline of the business.
Product and Service Plan: Describe product and service
offered, unique features of the product or service. Explain
the process (no more than 6 steps)

5. Parts of a Business Plan
Mission and Vision Statement: Vision establishes scope
and purpose of the company. Mission expresses the
specific aspiration of a company and goals it will reach.
Industry Overview: Industry research (Growth and trends.
Market Analysis: Identify the target market, pricing,
company image, marketing tactics, media and social
media marketing plan and marketing budget
Operational Plan: Business processes that result in
production and delivery.

6. Parts of a Business Plan
Financial Plan: The plan provides proof that the business is
financially healthy.
Growth plan: Addresses growth potential and expansion plan
Contingency plan: addresses risk to a business.
Cover Page, Title Page, Table of Contents, and Supporting
documents:
Cover page should include company information.
Title page covers owners information.
Table of contents covers components of the plan.