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How To Create a Business Plan for Small Businesses

How To Create a Business Plan for Small Businesses

At its most basic level, the Business Plan is roadmap for your business. It will outline your businesses goals, as well as how your business plans to achieve those goals. Good business plans take it one step further and create buzz about the future prospect of your business. In that sense, the business plan is as much about selling your business, as it is about carefully setting goals and planning how to achieve them. Poor planning and financial management are the leading causes of business failure – don’t fall victim to this easily avoided pitfall.

Composing a compelling business plan can be a nerve-wracking, and time consuming task. To help you get organized here is a logical outline of information that all business plans should include.

  • Executive Summary
  • Business Overview
  • Sales and Marketing Plan
  • Operating Plan
  • Human Resources Plan
  • Financial Plan
  • Action Plan

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