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And highlight the key assumptions which govern your financial projections.If you are seeking funding, identify how much money you need to start and/or run your business, and the primary uses of these funds.
Finally, include a summary of your financial projections. Appendix Use the Appendix to support the rest of your business plan.
Include your full financial projections, including your projected income statements, balance sheets and cash flow statements.
The report cover page is your opportunity to showcase what the report is all about.
To create a cover page that really stands out, pay close attention to the following areas: Style: As mentioned earlier, the cover page should be a reflection of what is inside the document.
Importantly, identify your competitive advantages, that is, why you can be more successful than the others. Marketing Plan In this section, you will describe your products and/or services and your desired brand positioning.
Importantly, you will also detail your promotions plan, which is how you will get customers to know about your company (e.g., newspaper ads, direct mail, etc.).
However, there's only one time when EVERY entrepreneur and business owner develops a business plan. Since virtually all lenders and equity investors require a formal business plan.
To help you out, here is my proven business plan template, and the information below details the 11 key sections to include in your plan. Cover Page As simple as this seems, include a cover page with your contact information so potential investors can easily reach you. Executive Summary If investors don’t like your Executive Summary, they won’t read any further, so this section is critical.
All entrepreneurs and business owners should have a business plan.
The very process of developing your plan helps you understand they type of business you'd like to build, and the action plan which you will need to follow.