A business plan is a written document that describes in detail how a business, usually a new one, is going to achieve its goals. When you write your business plan, remember to be clear, realistic and concise. It should generally be no longer than one page and will provide a compelling description of your business. As such, it’s crucial to dedicate some of your plan to the people at the heart of your business.
Although the executive summary is the first section of the plan, it is a good idea to write it last; after the other parts of the plan have been finalized. Having a clear plan for how to reduce or overcome these is something that will set your business plan apart and give our loan assessment team confidence that you’re ready for the challenge.
Appendix – Contains supporting information, such as resumes, details of market research findings, estimates, and all other documentation required to support what’s contained in the body of the business plan. Your resume and business plan should inspire confidence for both what you do and do not know, and the skill you show in fulfilling all needs of your business.
Sebuah business plan dapat dinilai oleh pembaca dengan memberikan bobot penilaian sangat bagus, bagus, sedang, dan kurang baik. Projected growth and expansion for your company should be mentioned in your business plan, but it’s not the primary focus. Thereafter, slowly it becomes calculated guesses, but still planning provides the impetus, energy, and drive necessary for the business to achieve its objectives.
It is important to do your research to find out how your business compares to other small businesses in your industry. If the business plan’s purpose is primarily for your own use or the financial institution has no specific requirements, the SBA is an excellent unbiased source of what should be included when developing a business plan.