Foundations
A business plan is described as a company’s blueprint for this.
What is Success?
This is the most common reason businesses write a business plan.
What is to obtain funding?
An existing business may create a business plan to obtain this from a bank or investor.
What is Funding?
This section introduces the business name and may identify the key managers who wrote the plan.
What is a Cover page?
How do you determine how much equity is at risk?
What is the capital structure?
These four functions are included in the subplans of a business plan: marketing, finance, production, and this.
What is Human resources?
What do investors gauge to see the success of a business?
What is past accomplishments, current capabilities, and future expectations?
A company introducing a new good, service, or promotion can use a business plan to assess this.
What is Effectiveness?
This section gives readers an overview of the entire business plan.
What is an Executive summary?
A banker typically wants evidence that the company is stable and can do this on time.
What are Pay its bills?
A business plan describes how a company works now and how it will work in this.
What is the future?
A startup can use a business plan to convince a bank or investor that it is prepared to do this successfully.
What is to Operate?
A company expanding its product line, office space, or workforce can use a business plan to prepare for this.
What is Expansion?
This section lists the plan’s sections along with their page numbers.
What is a Table of contents?
A potential investor wants to see that the business is, or soon will be, doing this significantly.
What is Growing?
A typical business plan is generally between this many pages long.
What is 10 to 50 pages?
The management plan of a business plan can outline what?
What are Roles and responsibilities?
A company seeking a valuable client account can use a business plan to obtain this.
What is A specific contract or agreement?
This section explains what the company is all about and how an existing venture fits into current operations.
What is a Company description?
The LAP says the executive summary is usually about this many pages long.
What is Two to three pages?
The LAP compares a business plan to this document because both are evolving documents that can take time to complete.
What is a Résumé?
The LAP states that a business plan can help an existing company determine how it plans to reach its goals by helping it do this.
What is to Implement a strategic plan?
Business owners who want to sell their company can use a business plan to determine this.
What is The value of the business?
This section describes everything the business offers customers and explains the unique advantage it provides.
What are Product(s) offered?
How do you monitor the movement of cash withing a business?
What is the income statement, the balance sheet, and the cash flow statement?