There are a wide variety of business plan templates available from financial institutions and the banks. This should include financial statements, credit reports, business licenses or permits, legal documents and contracts (to demonstrate to investors that revenue forecasts are secured by concrete business relationships), and bios/resumes for key personnel.business plan

This is simply an explanation of what your marketing strategy is and how you will execute it. Here, you can address how you plan to persuadeĀ customers to buy your products or services, or how you will develop customer loyalty that will lead to repeat business.

You’ve done all of the hard work researching, deciding what your business is about, targeting it accurately and selling it. It’s time to put the business plan together and articulate all your thinking, research, and hard work into a comprehensive description of your structure and service.

It contains important information including its registered name, address of any physical locations, names of key people in the business, history of the company, nature of the business and more details about products or services that it offers or will offer.business planbusiness plan

As you operate and grow your business, it’s nearly certain that you will make adjustments to how you do business, make decisions on which additional products or services to offer and/or which to discontinue, change how you market or distribute your products or services, and discover ways to improve how your business is run.