
What must a business plan include? A business plan should comprise four main sections: - Business Description;
- Marketing Plan;
- Financial Plan; and
- Management Plan.
An executive summary should be attached to the Business Plan, which should also include financial projections and supporting documents.Which are the elements of the Business Plan? - Purpose;
- Table of Contents;
- The Business (description, marketing, competitors, operational proceedings, human resources, financial data, source and application of funds, detailed investments, balance sheets, analysis of the break-even point, projections of results, summary of the last 3 years, projection of the 1st year with monthly details, statement ofassumptions used, cash flow projections); and
- Supporting Documents (Register of the Owners, Administrators’ CVs, Budgets, Pro form invoices, Letters of Intent issued by clients and suppliers, previous balance sheets).
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