How to Write a Business Plan
How to Write a Business Plan 

The Essential Elements of a Plan

While business plans will vary in exact content and format, there are some essential elements to include in any well-crafted plan. Some plans will adhere closely to the section headings we'll use here, while other plans may be organized differently. But regardless of the exact format, you should include all of the key points covered here in your business plan. They are:

  • Executive Summary

  • Company and Product Overview

  • Market Analysis

  • Marketing and Sales Plan

  • Operations

  • Management Team

  • Financials

  • Funds Required

Before you get started writing your own business plan, you might want to locate and review several examples of plans for businesses in your particular field. Such a review gives you a good sense of the specific issues and concerns that you need to address and include in your own plan.