Identify the ways in which your company generates revenues.
And highlight the key assumptions which govern your financial projections.
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.
Concisely describe what your business does and what market need it solves.
Answer questions such as where you are located, when you were formed, and what is your legal entity form.
Also discuss the stage of your company: what successes has your company already achieved? Industry Analysis In the Industry Analysis section, you will detail the market in which you are competing, how large it is, and what trends are affecting it. Customer Analysis Here you will identify who your target customers are and their needs.
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.
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.
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.