Published Aug 24, 2021
2 mins read
424 words
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Economics
Writing
Knowledge Sharing

Format Of A Business Plan

Published Aug 24, 2021
2 mins read
424 words

A business plan is nothing but a written document which explains about the details on how our business is formed or our business is started up and also defines the objectives of the company and how the company is going to achieve the goals of its company by making a business plan. Business plan will lay down a way root or a road map for the the form in order to achieve its objectives of other it may be financial objectives, marketing objectives etc.

Business plan format will consists of the following items and they are:

  1. Executive summary: it is the most critical part of a business plan where a summary usually is written after all other sections are completed the executive summary will be written at last and it should not exceed more than two pages and it should summarise only the important aspects which are required in the plan. The key elements which must be included in the executive summary: financial features concept of the business requirements of finance and current business position including the major achievements that the business asset and until now.
  2. General company description: it is usually executive summary but in a business plan format it is used to give The high-level overview of the company and the business in which accompanies included with. This section must include the name of the company e the company's goals and objectives as well as the features also mention the important aspects like strengths and core competencies of that company and the mission statement of business.
  3. Strategy: before we start any work we will definitely have a plan for doing it and we will strategize before executing the plans in case of a company it needs to no its competitors and focus on the business by framing the suitable strategies like how to create unique and valuable position in the market how to be unique in the business and how to keep up the consumer interest.
  4. Business model explanation: in this a company must explain about what items are companies offering or what products or services the company is offering for sale and for whom it is selling the products and services and how the companies making money and earning profits it also includes explanation regarding how the company is generating the revenue and running the business.
  5. Marketing plan: marketing plan is made by taking into consideration the pricing strategy promotion strategy positioning of a product and why the product is valuable to customers and detailed description of the target market.
#Business plan format
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nethra.s 8/24/21, 3:55 PM
1
nice one #monkhood
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225_kamu.user 8/24/21, 4:07 PM
1
Nice blog
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Informative D o_c h e c k_o u t_m y_b l o g s
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Informative ✨
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richa.vedpathak 10/21/22, 12:18 AM
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