A traditional business plan includes an executive summary, which serves as a table of contents for the plan.
The purpose of this section is to provide investors with a description of the product's design, chart its development within the context of production and marketing and show a development budget that will enable the company to reach its goals.
Guess what? So have it. If you have a product that needs to be manufactured, explain the how and where; also, describe your work facility, the personnel, the legal environment such as licensing, permits, special regulations, etc.
You already have the numbers, right? The financial data can include your personal financial statement, startup expenses and capital, your projected cash flow statement and month profit-and-loss statement.
Business description : This section typically begins with a brief description of your industry and its outlook. It does not contain manager profiles, nor does it include information that is necessary for eyes outside the company to see such as an appendix section.
The business plan will cover financial information such as accounts payable and receivable, break even projections and the current financial picture of the business.
Operations and management plan: This section describes how the business functions on a daily basis, its location, equipment, people, processes and surrounding environment. And you know your strategy, too, as well as your dates, and deadlines, responsibility assignments, and metrics.