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A description of your business's physical location, facilities and equipment, kinds of employees needed, inventory requirements and suppliers, and any other applicable operating details, such as a description of the manufacturing process.A description of your funding requirements, your detailed financial statements, and a financial statement analysis.In reality there is no standard format for the presentation of a good business plan.
The table is intended to provide you with a simple format upon which to base your business plan.
The format provides you with a framework for presenting your thoughts, ideas and strategies in a logical, consistent and coherent manner.
An investigation of your direct and indirect competitors, with an assessment of their competitive advantage and an analysis of how you will overcome any entry barriers to your chosen market.
In this section of the business plan, you need to distinguish your business from the competition, persuading the reader(s) of your plan that your business will be able to compete successfully.
These are: The table below lists the important elements of a business plan and offers some simple points that need to be taken into consideration in regard to each section.
It is worth noting that these points are by no means exhaustive and are meant to serve only as examples.
Stephanie Wong Ken holds an MFA in Creative Writing from Portland State University.
There are 9 references cited in this article, which can be found at the bottom of the page.
In each case, following the section title link will take you to an article that details how to write that particular section of the plan, while in some cases, there are also linked examples that you can use as models to write that section.
If you work through each section of this outline, in the end you'll have a complete, well thought out business plan that you'll be able to submit to a financial institution in order to request a loan or to potential investors for equity financing in your business.