Checklist for a business plan
Ok. So you plan to start your business and need to develop a business plan. I’ve made up a checklist of the elements to be included in a Business Plan:
1. Your purpose. What exactly do you want to accomplish? What are your goals for your business?
2. Describe your business. What is your legal structure? When was it formed? Who owns and operates it?
3. Define your market. What are you going to sell? A product or service? Or both? You’ll want to describe exactly what is going to be sold. Is there a need for your product or service? Who are you selling to? Why will your business have a competitive edge over other businesses?
4. Explain how you intend to meet those needs. How will you produce the product/service? How will your customers receive your goods?
5. Define your staff, or suppliers, if any.
6. Make a time table. Do you expect to reach a certain goal in a specific amount of time?
7. Calculate and State Your Financial Requirements clearly
8. How much capital will it cost you to get the materials you need to start-up? Give detailed information about how the capital will be spent.
Licenses or fees?
Advertising?
Operate your business until you see a profit?
Deliver your product or service?
Subcontractors?
Pay staff?
Workout a plan that’s not too easy and not too challenging. A realistic plan.
Wish you all success 
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