Writing a Business Plan: Tips from the SBA
By Marci Martin, Business News Daily Contributor April 11, 2016
The best way to turn your great business idea into a reality is through the creation and use of a well-thought-out
business plan. A strong business plan not only attracts investors or secures financing in the early stages of
business development, but can also function as a roadmap for the future.
Great business plans have a structure that allows you to define what your business is, the market it serves,
how it will conduct operations and the money it will make and spend. Here are the sections the Small Business
Administration recommends including in your business plan.
Executive Summary. The executive summary is considered the most important part of the business plan, and is
usually written last. Its purpose is to summarize the rest of the plan, introducing the reader to your business
in its most condensed form. It should talk about the highlights of your business, your mission statement, the
history of your company and what you see in its future. Read full article here
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