When you are going to start a business, then you set some goals. A business plan provides you a road map to achieve these goals. A business plan is also a key to get the attraction of the investors. Therefore, it is necessary for you to make a business plan as short as possible and try to cover all the goals and the ways to achieve these goals in this short piece of writing. Here, we will provide you a standard format to make a business plan.
- Executive summary
The first section of the business plan is the executive summary. It should consist of the two pages only. It should include the business concept, financial features, financial requirements, current business position, and major achievements. If you want to write an impressive executive summary, then you should try to write it at the end of the business plan.
- General description of the company
The second section of the business plan is the general description of the company. In the general description of the company, you should provide the name of the company, mission statement, objectives of the company, and the core competitors of the company. It should be written in 1-2 pages.
- The opportunity, industry and market description
This section should be written in the 2-3 pages. In this section, you should write the gap that exists in the market, the forces that are affecting the industry, and focus of the customers on your products.
This particular section of the business plan should be written in 1-2 pages. You should write the following things in this section;
- Describe the focus of the business
- Unique and valuable position of the business
- Value of the customers
- Business model explanation
This particular section of the business plan should consist of the one page only. This is considered as the profit making engine of your business plan.
- Management and organization
The management and organization section of the business plan should be written in the two pages only. It is necessary for you to provide the complete description about the team that is associated with your business.
- Marketing plan
The marketing plan of the business plan should be written in 2-3 pages. A marketing plan should include all the components of the strategy that is made for the business.
- Operational plan
It should be written in 2 pages only. In the operational plan, it is necessary for you to provide the daily operations of your business.
- Financial plan
It should be written in 3-5 pages. A financial plan will provide you an idea about the financial future of the company.
In the appendix, it is necessary for you to provide all the additional documents that are demanded by the reader of the business plan.
This is the basic format to write a business plan. You can add some additional things according to the requirements of the reader. If you are not able to write the business plan, then you can contact with the PhD Dissertation Writing Services.