Business Plan is a service which helps you get advice through experts for planning-related your business
Your business plan is a management tool and is designed to suit the structure and needs of your particular business. There is not a one-size-fits-all business plan or a set formula that you have to follow.
This leeway to design your own business plan can feel quite daunting at first, but this is easy to solve if you identify the reasons why you need a business plan. These could include setting business goals and objectives, establishing performance requirements and assessing whether these have been achieved, or communicating messages to people inside or outside your company.
The structure of your business plan
A business plan usually serves a number of purposes. It is a good idea to identify the purposes you’d like your business plan to achieve because this could affect how you choose to structure and write your plan. For example, you’re likely to focus on different information depending on whether your plan is intended as in internal document for management to refer to, or for raising finances from an external source.
Use the three business plan structures in the table below to find the best structure for your business. Because there is no set way to structure a business plan, the format is one of personal preference. You might find one outline is more suited to your business than another.
Table of contents
Table of contents
Personnel skills and resources
The benefits of your product
Long-term plans and needs
Sales and marketing overview
If you’re writing your business plan as part of the process of applying for a loan, it is a good idea to include a one-page cover letter. The cover letter should include the following.