Developing The Business Plan

You, the owner of the business, should write the plan.

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The first page of your business plan should be a persuasive summary that will entice a reader to take the plan seriously and read on.

The Executive Summary should follow the cover page, and not exceed two pages in length.

It requires you to be objective, critical and focused.

The finished project is an operating tool to help manage your business and enable you to achieve greater success.

This is especially true if you are seeking financing.

A thorough business plan will have the information to serve as a financial proposal and should be accepted by most lenders.

This article will take you through the step-by-step process of developing a business plan.

A business plan is very specific to each particular business.

Do not overwhelm the reader with technical explanations or industry jargon that he or she will not be familiar with.

If appropriate, discuss any patents, copyrights and trademarks the company currently owns or has recently applied for and discuss any confidential and non-disclosure protection the company has secured.


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