10 Elements Of A Business Plan

10 elements of a business plan.

A business plan

If you are staring a business, you have to get capital from investors. In order to persuade them to invest, you need to write a business plan. These are 10 elements of a business plan. Comment on each of these, explain what they mean and finally put them in the order they should go in your plan.

___ Appendix or Appendices

Includes resumes of the managers and other documents

___ Competition

Competitors to your products or services, describes how the company plans to overcome future competitors

___ Competitive advantage

Describes the sustainable competitive advantage the new business

___ Customer profile

Gives details about your customers

___ Executive summary

It is one page of overview of what the business plan is about

___ Financial analysis

Gives details about existing finance and assets

___ Implementation plan

Describes sales and marketing strategies