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How to write a business plan
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[QUOTE="King bell, post: 278875, member: 75687"] A business plan is a document that describes your business, its goals, and how you plan to achieve them. It is typically used to attract investors or to secure funding from a bank. There is no particular template for a business plan, but there are some key components that should be included: 1. Executive summary 2. Company description 3. Market analysis 4. Competitive analysis 5. Product or service 6. Sales and marketing 7. Management and organizational structure 8. Financial plan 9. Appendix The executive summary is a brief overview of your business plan, and should include your company's mission statement, a description of your products or services, and your business goals. The company description should provide an overview of your business, including your history, your company culture, and your plans for the future. The market analysis should include information on your target market, your competitors, and your market share. The competitive analysis should discuss your competitors' strengths and weaknesses, and how you plan to compete with them. The product or service section should describe your products or services in detail, and should include information on your pricing, your manufacturing process, and your quality control. The sales and marketing section should discuss your sales strategy, your marketing strategy, and your distribution channels. The management and organizational structure section should discuss your management team, your organizational structure, and your plans for scaling your business. The financial plan should include your financial statements, your funding requirements, and your financial projections. The appendix should include any additional information that is relevant to your business plan, such as your resume, your business licenses, and your product samples. [/QUOTE]
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