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Financial statements, balance sheets, and other financial information may be included for already-established businesses.New businesses may include targets for the first few years of the business and any potential investors.
REMEMBER: Each section needs to be written in paragraph form and not just answers to the following questions. The cover sheet includes the name of the business, business address, business phone number in the center of the page.
Near the bottom of the page include your personal name (all principals), home address (primary contact), and home phone number (primary contact). The table of contents will be completed once the plan is written to reference each section by page number.
For example, a copy of a catalogue for the computer being purchased is sufficient as a quote.
Also, equipment being purchased will need a quote from the supplier.
The Statement of Purpose should include the following information: In this section, you provide the reader with information on the industry and your target market.
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If your research indicates that there is no market for the product, or that the industry is not strong enough to support a start-up, you should reconsider your business.
Products and services: Here, the company can outline the products and services it will offer, and may also include pricing, product lifespan, and benefits to the consumer.
Other factors that may go into this section include production and manufacturing processes, any patents the company may have, as well as proprietary technology.
Usually, banks and venture capital firms make a viable business plan a prerequisite to the investment of funds in a business.
Even though it may work, operating without a business plan is not a good idea.