The components of a bussiness plan

The components of a bussiness plan

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  • The components of a Business PLan
  • The five components of a Business Plan are Exective Summary, Product/service plan, Management team plan, Growth Plan, and Financial Plan.
  • Executive Summary
  • An Executive Summary is a brief one-to two-page description of the key points of each section of the business plan.
  • Product/Service plan
  • Product/Service plan present a product or service being offered and unique features of products or services.
  • Management team plan
  • Management team plan is qualifications of the entrepreneur and qualifications of any partners who may be involved in the business venture
  • Growth Plan
  • A Growth Plan presents plans for future expansions of the business
  • Financial Plan
  • A Financial Plan includes financial statments that will help forecast the future financial health of the business
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