2006-09-27 07:16:04 · 5 answers · asked by Anne T 1 in Business & Finance ➔ Small Business
a business plan is a comprehensive document that will include the following:
1. business description
2. management team
3. marketing plan
4. financial projections
it is typically used to show investors of a start-up business.
2006-09-27 07:25:51 · answer #1 · answered by loveholio 5 · 0⤊ 0⤋
A business plan is just that ~ a plan that describes your business. For instance I want to open a wedding store so my business plan would state the following:
location, services offered, cost of location (rent or buy), name of store, where I would get supplies, prices of services, employees needed (if any), goals of the store..etc.
You can find sample business plans online.
2006-09-27 14:24:14 · answer #2 · answered by GreeneyedCowgirl 5 · 0⤊ 0⤋
I have wrote one of these. You put this together to be able to hand over and submit it to people like banks etc to show what your plan is for your business. So you have your financial expectations. First year outlook. and then a five year outlook. you show your investments and equiptment. You write about why you are in the business you are in and basically write the story of your business. It's like a resume for your business. you include your own resume, in it as well come to think of it.... does this help?
2006-09-27 14:27:21 · answer #3 · answered by lesbianmommy 2 · 0⤊ 0⤋
a business plan
is your plan for making your business succeed
it also depends on what kind of business to what you have to plan
2006-09-27 14:31:16 · answer #4 · answered by savannahparker1985 1 · 0⤊ 0⤋
It is a road map for your future business. It will declare your product or service that you are offering, the target audience and even go into financial predictions.
A good overview of business plans:
http://www.home-business-expo.com/8142006_BusinessPlans.asp
2006-09-27 16:13:06 · answer #5 · answered by SAM 2 · 0⤊ 0⤋