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- A resume of your background. - A description of your product or service; - An analysis of current marketplace situation; - Problems and opportunities facing your company; - A market analysis showing your targeted customers. - Realistic objectives relating to sales, market share and profits. - An explicit statement of marketing strategy. - A detailed plan for carrying out your marketing strategies. - Budgets and projected profit and loss statements; - Integration of manufacturing and financial plans with marketing.
As you can see content of your business plan is crucial to your overall success. It will determine how well you manage, plan, and reach your projected goals.
If you are determined to start a successful business that will be around for long run NOW is time to start working on that new business plan!
Resource! BUSINESS PLAN WORKSHEET Solid outline to guide you in drafting a business plan. http://www.angelfire.com/zine/smallbiz/BizPlan.html
------------------------------------------------------------ BB Lee is Editor And Publisher of SmallBizBits! If you like this article subscribe to SmallBizBits Now! For new articles, advice, tips, start-up ideas, ebooks, reports. Visit: http://www.angelfire.com/zine/smallbiz
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BB Lee is editor and publisher of SmallBizBits Home Based Business Newsletter.