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Business Plan Parts
Term | Definition |
---|---|
Executive Summary | part of the business plan that is a brief description of the key points of each section |
Management Team Plan | part of the business plan that has the qualifications of the entrepreneur and any partners |
Product/Service Plan | part of the business plan that describes the product/service and it's unique features |
Operational Plan | part of the business plan that has the processes and procedures to get the product to the consumer |
Growth Plan | part of the business plan that presents the plans for the future expansion of the business |
Organization Plan | part of the business plan that contains the management philosophy, key management personnel and employment policies |
Industry/Market Analysis | part of the business plan that describes the customers, competition, industry, and demographic data |
Marketing Plan | part of the business plan that describes how the business will make its customers aware of its products or services |
Financial Plan | part of the business plan that includes financial statements to help forecast a business's future financial health |