A business plan describes a company’s core business. It is a document that details a company’s objectives and how to achieve them.

A business plan is used by both startups and big companies. It includes a roadmap for operations, finance, and marketing operations.

Elements of Business Plan – Executive Summary – Product and Services – Market Analysis – Marketing Strategy – Financial Planning – Budget

– Startup Business Plan – Internal Business Plan – Strategic Business Plan – Feasibility Business Plan – Operations Business Plan – Growth Business Plan

Types of Business Plan

– Write an Executive Summary – Describe Your Business – State Business Goals – Describe Products/Services – Do Market Research

How to Create a Business Plan

– Outline Marketing and Sales Plan – Perform Business Financial Analysis – Make Business Projections

How to Create a Business Plan contd..

Business planning is a complex task and you can take the help of a professional to create a plan for your business.