Business Plan Essentials

The consultants at Corporate Business Solutions help business owners achieve success.  We utilize tried and tested methods to surpass growth goals in the small business arena. Often, a necessary step for small business owners is to revisit their business plan. A business plan is an essential roadmap for business success. This living document generally projects 3-5 years ahead and outlines the route a company intends to take to grow revenues.  Below are details that a strong business plans should include: 

• Executive Summary - Your executive summary is a snapshot of your business plan as a whole and touches on your company profile and goals. Read these tips about what to include. 
• Company Description- Your company description provides information on what you do, what differentiates your business from others, and the markets your business serves. 
• Market Analysis - Before launching your business, it is essential for you to research your business industry, market and competitors. 
• Organization & Management - Every business is structured differently. Find out the best organization and management structure for your business. 
• Service or Product Line- What do you sell? How does it benefit your customers? What is the product lifecycle? Get tips on how to tell the story about your product or service. 
• Marketing & Sales - How do you plan to market your business? What is your sales strategy? Read more about how to include this information in your plan. 
• Funding Request - If you are seeking funding for your business, find out about the necessary information you should include in your plan. 
• Financial Projections - If you need funding, providing financial projections to back up your request is critical. Find out what information you need to include in your financial projections for your small business. 
• Appendix - An appendix is optional, but a useful place to include information such as resumes, permits and leases. Find additional information you should include in your appendix. 
• How to Make Your Business Plan Stand Out - What makes your business unique? Determining this could help you stand out from the crowd and give you advantages over your competitors. 

To learn more about us and / or to schedule your appointment with the business experts at Corporate Business Solutions, call us today at 877-357-9366.