How to write a Business Plan

Business Plan

Objective: A business plan defines your business, identifies your goals, and serves as your firm's resume. The basic components include a current and pro forma balance sheet, an income statement, and a cash flow analysis. It helps you allocate resources properly, handle unforeseen complications, and make good business decisions.

A Business Plan as a Management Tool:
 Use to help the business owner think through the development of your business and ensure that you have considered options and anticipated potential difficulties.
 Use to evaluate progress against business goals.
 Update and modify for operational and strategic planning purposes as the business environment changes.
 Use in the development of financing proposals.

Writing the Business Plan.

1. Executive Summary: This s...