Letters of Reference Letters recommending you as being a reputable and reliable business person worthy of being considered a good risk. The following are the major documents you will want to include in your Business Plan.
Include information about your sources and handling of inventory and fulfillment. Business Plan Outline The following pages provide a suggested outline of the material to be included in your business plan.
A resume should a one-page document. Pretty much everything on it can be customized. This advertising model, like others you see on Inc, supports the independent journalism you find on this site.
Your ledger is closed and balanced and the revenue and expense totals transferred to this statement. Measure your projections against what actually happens in your company. Cash flow statements show both how much and when cash must flow in and out of your business. These articles are editorially independent - that means editors and reporters research and write on these products free of any influence of any marketing or sales departments.
Management List the people who are or will be running the business. It can be expressed in: Project costs associated with the location. Creating your business plan is more than just getting your ideas down on paper for potential funders to see.
Security Address security in terms of inventory control and theft of information online and off. Your business plan will serve as your guide during the lifetime of your operation. You will address the details of your market analysis, sales, advertising, and public relations campaigns. It is a moving picture showing what has happened in your business and is an excellent tool for assessing your business.
For a new business owner, this will be part of your financial section. Any funder worth his or her salt wants to see it right off the bat. Measures are expressed as ratios or percentages that can be used to compare your business with industry standards.
Supporting Documents This section of your plan will contain all of the records that back up the statements and decisions made in the three main parts of your business plan.
Who will you use for a tax accountant? Write the executive summary after you have completed your business plan.
All agreements currently in force between your company and a leasing agency, mortgage company or other agency. It contains 10 broad sections, including market analysis, management and organization, etc.
The Marketing Plan defines all of the components of your marketing strategy. If your business is new and has not yet begun operations: It shows cash inflow and outflow over a period of time and is used for internal planning.
Month and year your plan was prepared. If you have completed the rest of the financial section, you should have all of the information you need to transfer to this document. It summarizes the content and purpose of your finished plan, covering all of the key points. Overview and Goals of Your Marketing Strategy Market Analysis Target Market identify with demographics, psychographics, and niche market specifics Competition describe major competitors assessing their strengths and weaknesses.
Personal Resumes Include resumes for owners and management. Describe their responsibilities and abilities. The most common supporting documents are: Other Legal Documents All legal papers pertaining to your legal structure, proprietary rights, insurance, etc.
Limited partnership agreements, shipping contracts, etc. These plans are tailored to meet your financing requirements in your state, which is a huge bonus for those seeking funding through banks. Then complete the summary by briefly addressing: The Plan should also integrate traditional offline programs with new media online strategies.
If you are seeking a lender or investor: The Marketing Plan What is a marketing plan? Revenue and expense figures are drawn from the three-year income projection.Business philosophy: What is important to you in business? Now outline a marketing strategy that is consistent with your niche.
Promotion How will you get the word out to customers? Advertising: what media, why, and how often? Business Plan for Startup Business. Business plan outline based on Anatomy of a Business Plan and Automate Your Business Plan, used for bank and SBA loan applications. Writing a Business Plan Georgia State SBDC 5 Business Plan Outline Cover Sheet: Business Name, Address, Phone Number, Principals Executive Summary or Statement of Purpose Table of Contents Section One: The Business.
The market analysis section of your business plan should illustrate your industry and market knowledge as well as any of your research If you have a board of directors, be sure to gather the following information when developing the outline for your business plan.
The $ Startup, the website for the best-selling book of the same name, has a ton of stripped-down resources for entrepreneurs, including this super simplified business plan template. 4. The following pages provide a suggested outline of the material to be included in your business plan.
Your final plan may vary according to your specific needs or individual requirements of your lender.Download