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BUSINESS AND ENTREPRENEURIAL PRICIPLES

This detailed business plan outline provides key sections necessary for a successful business venture, covering executive summary, company description, industry analysis, target market, competition, operations, management, long-term goals, financials, and supporting documents.

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BUSINESS AND ENTREPRENEURIAL PRICIPLES

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  1. BUSINESS AND ENTREPRENEURIAL PRICIPLES BUSINESS PLAN OUTLINE

  2. Executive Summary • A. Convince the reader that business concepts sound and has reasonable chance of success. • B. Summary is effectively written.

  3. COMPANY DESCRIPTION • A. Legal form of business • B. Effective date of business • C. Company mission statement / vision • D. Company location • E. Immediate development goals

  4. INDUSTRY ANALYSIS • A. Description of industry ( size , growth rate , history ) • B. Trends and opportunities within the industry.

  5. TARGET MARKET • A. Profile • B. Needs

  6. COMPETITION • A. Key competitors identified • B. Analysis of competitors’ strenghts and weaknesses • C. Potential future competitors

  7. OPERATIONS • A. Business facility described • Workforce defined • C. Technology

  8. MANAGEMENT AND ORGANIZATION • A. Key employees • B. Recruitment plan • C. Compensation and incentives

  9. LONG TERM GOALS • A. Goals identified • B. Means for achieving the goals identified

  10. FINANCIALS • A. Type of accounting system • B. Financial projections

  11. SUPPORTING DOCUMENTS • A. Licenses • B. Advertising • C. Letters

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