Business Plans

Enlist Advisors for Your Startup Wisely
Advisors

Enlist Advisors for Your Startup Wisely

Your fledgling outfit needs help. Still this is no excuse for treating experts in a slipshod fashion.
Karen Mishra
Struggling to Define Your Business Goals? Ask Yourself These Questions.
Business Plans

Struggling to Define Your Business Goals? Ask Yourself These Questions.

Comfort food may have launched McDonald's, but strategic planning turned it into a multinational corporation.
Tanya Benedicto Klich
First Steps: Writing the Executive Summary of Your Business Plan
Business Plans

First Steps: Writing the Executive Summary of Your Business Plan

This quick guide offers tips that will help you create the executive summary for your business plan.
The Staff of Entrepreneur Media, Inc.
First Steps: Writing the Management Section of Your Business Plan
Business Plans

First Steps: Writing the Management Section of Your Business Plan

This quick guide offers tips that will help you create the management section for your business plan.
The Staff of Entrepreneur Media, Inc.
First Steps: Writing the Product Section of Your Business Plan
Business Plans

First Steps: Writing the Product Section of Your Business Plan

This quick guide offers tips that will help you create the product section for your business plan.
The Staff of Entrepreneur Media, Inc.
First Steps: Writing the Industry Section of Your Business Plan
Business Plans

First Steps: Writing the Industry Section of Your Business Plan

This quick guide offers tips that will help you create the industry section for your business plan.
The Staff of Entrepreneur Media, Inc.
First Steps: Writing the Marketing Section of Your Business Plan
Business Plans

First Steps: Writing the Marketing Section of Your Business Plan

This quick guide offers tips that will help you create the marketing section for your business plan.
The Staff of Entrepreneur Media, Inc.
First Steps: Writing the Operations Section of Your Business Plan
Business Plans

First Steps: Writing the Operations Section of Your Business Plan

This quick guide offers tips that will help you create the operations section for your business plan.
The Staff of Entrepreneur Media, Inc.
First Steps: Writing the Financials Section of Your Business Plan
Business Plans

First Steps: Writing the Financials Section of Your Business Plan

This quick guide offers tips that will help you create the financials section for your business plan.
The Staff of Entrepreneur Media, Inc.
Your Business Plan Must-Haves
Business Plans

Your Business Plan Must-Haves

Seasoned business pros reveal exactly why your business plan is critical for success and which parts matter most.
The Staff of Entrepreneur Media, Inc.
One Business Plan, Four Different Ways
Business Plans

One Business Plan, Four Different Ways

Audience and setting is essential to writing an effective plan.
The Staff of Entrepreneur Media, Inc.
Startup Business Forecasts Are Not Black Magic, Just Smart Business
Business Plans

Startup Business Forecasts Are Not Black Magic, Just Smart Business

You need these projections to set internal goals and milestones, and to measure your progress toward reasonable success objectives.
Martin Zwilling
How to Excite Readers With Your Business Plan's Product Section. (Yes, Seriously.)
Business Plans

How to Excite Readers With Your Business Plan's Product Section. (Yes, Seriously.)

Product descriptions can be as dry as toast--or as exciting as a roller coaster ride. Here's how to craft one that keeps people reading.
The Staff of Entrepreneur Media, Inc.

For any entrepreneur planning to start a business, writing a business plan is a helpful way to clarify what service or products the company provides, as well as your business goals and how to to reach them. Business plans are considered a mandatory step for entrepreneurs seeking funding from venture capitalists or banks.  

What to include: Business plans vary in length -- anywhere from 20 to 50 pages -- but typically cover the same topics, such as: Cover Page (essential contact information); Executive Summary (what your business does and what market need it solves); Company Overview (profile of company and successes); Industry Analysis (details about the market); Customer Analysis (who are the customers); Competitive Analysis (identify key competitors); Marketing Plan (your brand and how do you plan on getting it in front of customers); Operations Plan (daily and yearly operational processes for success); Management Team (identify key company personnel); and Financial Plans (revenue projections for three to five years).      

Helpful resources: For guidance on how to write a business plan, read “Business Plans: A Step-by-Step Guide” and Write Your Business Plan from the staff of Entrepreneur Media.

 
Today's Most Read