Business Plan Introduction Examples

Business Plan Introduction Examples-75
After you objectively evaluate your capital needs, products or services, competition, marketing plans, and potential to make a profit, you'll have a much better grasp on your chances for success.If you need seed money from a bank or friends and relatives, your business plan can help you make a great case. Financial projections describe where you plan to go.

After you objectively evaluate your capital needs, products or services, competition, marketing plans, and potential to make a profit, you'll have a much better grasp on your chances for success.If you need seed money from a bank or friends and relatives, your business plan can help you make a great case. Financial projections describe where you plan to go.

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Explain your strategy and show the reasons it will succeed against your known competition.

Design and predict your financial results for the coming five years.

Include your business goals and objectives, achievement of which is supported by stating your strategies, vision, mission and expertise to create the finished product the remainder of the plan describes.

Outline your management team strengths and experience.

A joint venture is a formal agreement to share the work--and share the revenue and profit.

As a new company, you will likely be an unknown quantity in your market.

So a solid business plan should be a blueprint for a successful business.

It should flesh out strategic plans, develop marketing and sales plans, create the foundation for smooth operations, and maybe--just maybe--convince a lender or investor to jump on board.

Include income and cash flow statements month-by-month for the first two years.

For years three through five, predict these results on a quarterly and annual basis.

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