Regardless of the specific reason, the underlying goal of preparing a business plan is to insure the success of the business. Financial Data (1) Loan applications (2) Capital equipment and supply list (3) Balance sheet (4) Break-even analysis (5) Pro-forma income projections (profit & loss statements) * Three-year summary * Detail by month first year * Detail by quarters, second and third years * Assumptions upon which projections were based (6) Pro-forma cash flow * Follow guidelines for (5).
Here are the main reasons why a business plan should be prepared: Below is an outline for a simple business plan format. Writing The Business Plan - What It Includes What goes in a business plan? And, one that many new and potential small business owners should ask, but oftentimes don't ask.
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Each is sufficient by itself for why one must go through the exercise of preparing the actual business plan.
This guide discusses free small business plans, business plan outline. The Business (1) Description of business (2) Marketing (3) Competition (4) Operating procedures (5) Personnel (6) Financial data B.
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