Business Plan Format
Business Plan Format
Business Plan Format
Executive Summary
The executive summary is the most important section because it is the
first section that investors and bankers see when they open the business plan. It
provides a summary of the entire business plan. It should be written last to
ensure that you don’t leave any details out. It must be short and to the point, and
it should capture the reader’s attention. The executive summary should not
exceed two pages.
Objectives
1.
2.
3.
Section 2
Industry Overview
The industry overview section provides information about the specific
industry that the business operates in. Some of the information provided in this
section includes major competitors, industry trends, and estimated revenues. It
also shows the company’s position in the industry and how it will compete in the
market against other major players.
Section 3
The market analysis section details the target market for the company’s
product offerings. This section confirms that the company understands the
market and that it has already analyzed the existing market to determine that
there is adequate demand to support its proposed business model.
The sales and marketing plan details how the company plans to sell its
products to the target market. It attempts to present the business’s unique selling
proposition and the channels it will use to sell its goods and services. It details
the company’s advertising and promotion activities, pricing strategy, sales and
distribution methods, and after-sales support.
Section 5
Management Plan
Operating Plan
Financial Plan
The financial plan is an important section that will often determine whether
the business will obtain required financing from financial institutions, investors, or
venture capitalists. It should demonstrate that the proposed business is viable
and will return enough revenues to be able to meet its financial obligations. Some
of the information contained in the financial plan includes a projected income
statement, balance sheet, and cash flow.
Section 8
The appendices and exhibits part is the last section of a business plan. It
includes any additional information that banks and investors may be interested in
or that adds credibility to the business. Some of the information that may be
included in the appendices section includes office/building plans, detailed market
research, products/services offering information, marketing brochures, and credit
histories of the promoters.