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Writing a Good Business Plan
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[QUOTE="Ibrym, post: 195894, member: 60736"] Every business idea, no matter how small, requires a good business plan. As they say "if you fail to plan, you plan to fail". Below, I have outline the key features that must not go missing in any good business plan. [LIST] [*]Executive Summary [LIST=1] [*]Problem Summary [*]Solution Summary [*]Market Summary [*]Competition [*]Overview [*]Why Us? [/LIST] [/LIST] [LIST] [*]Expectations [LIST=1] [*]Forecast [*]Financial Highlights by Year [chart] [*]Financing Needed [/LIST] [/LIST] [LIST] [*]Opportunity [LIST=1] [*]Problem & Solution [*]Problem Worth Solving [*]Your Solution [*]Target Market [/LIST] [/LIST] [LIST] [*]Competition [LIST] [*]Current Alternatives [*]Their weaknesses [*]Your strength [/LIST] [/LIST] [LIST] [*]Execution [LIST] [*]Marketing & Sales [*]Marketing Plan [*]Sales Plan [/LIST] [/LIST] [LIST] [*]Operations [LIST] [*]Locations & Facilities [*]Technology [*]Equipment & Tools [/LIST] [/LIST] [LIST] [*]Company [LIST] [*]Overview [*]Team [LIST] [*]Management Team [*]Advisors [/LIST] [/LIST] [/LIST] [LIST] [*]Financial Plan [LIST] [*]Forecast [*]Key Assumptions [*]Revenue by Month [chart] [*]Expenses by Month [chart] [*]Net Profit (or Loss) by Year [chart] [/LIST] [/LIST] [LIST] [*]Financing [LIST] [*]Use of Funds [*]Sources of Funds [/LIST] [/LIST] [B]Appendix[/B] [LIST=1] [*]Monthly Financial Forecasts [*]Additional Documentation [/LIST] [/QUOTE]
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