Creating A Small Business Plan

This is the first section of your business plan and is the first thing anyone will read, but it is the part you should write last since it summarizes the information in all the other sections.

It should include your mission statement, a brief history of the company, examples of how the company has grown or improved, a description of the services or products you offer, a brief summary of your current financial situation, and the projections you are making for the future.

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Your small business plan is an essential tool that will help you obtain funding and keep your company on track for future growth.

Your business plan needs to contain a management and organization section that describes how your company is organized, owned, and managed.

Include bios for board of director members and upper management. Describe how responsibilities are handled among management and employees.

It forces you to take stock of where you are, where you want to go, and how you will get there.

Think Like an Executive When considering how to make a business plan, the first and most important part is the executive summary, which discusses where your company currently is and the plans you have for it in the future.

If you have done R&D or plan to do some, include information about that.

If you own trademarks, patents, or copyrights, mention those.

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