Business Plan



Business Plan - Overview


A neat Business plan helps in the smooth operation of business. Business plan describes the aim and objectives of new business. Business plans have the purpose of attracting new investors and throws light on the direction of the business.

Business plan is detailed draft of how the business is going to exist and earn profits. Business plan has all important and financial objectives of a new business. Its the key Roadmap of success of the new business. Detailed business plan needed to be drafted for all horizontal and vertical functions of a business.

Components of Business plan

Executive Summary
Description of the Business
Market Strategies or Marketing plan
Competitive Analysis
Design and Development of the business plan
Service and Product of the business
Operational and Management Plan
Financial components

Benefits of business plan

Attracts New Investors
Profitable and Strategic exit
Cash flow management
Growth of Existing business
Attracts new Alliances
Valuation of business

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