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This section should provide the reader with a thirty thousand-foot view of what you plan for your organization.
The stereotypical image is one of a complex document that requires enormous research and is time consuming to create.
However, there is a simple way to develop an effective business plan without the struggle most people envision.
You should talk about the needs/wants of your customers and how your business will meet those needs, including an overview of your unique skills and experience as they apply to the business.
Discuss your overall approach to your organization, giving the reader an idea of how your business will operate.
For companies in private industry, the heart of the business plan is a business model and business strategywhich describe how and where the company expects to make and spend money.
All other parts of the business plan stem from the model.
Please keep in mind whom you're writing to while creating your business plan.
Whether you're: It is suggested that you read through the entire template first to get an idea of what information you will need to have access to before creating your plan.
The Strategy Team is responsible for developing the Business Plan, and the Board of Directors is responsible for reviewing and approving it.
It is important for all individuals involved with developing the company’s Business Plan – the Strategy Team – to remember that the plan is intended to be a working, action-oriented management tool.