What is a business plan? FSB, The Federation of Small Businesses
List your start-up costs and capital requirements as well as your projected cash flow, profit and loss and balance sheet forecasts and a break-even analysis. Here you describe your target market segments, your competition, how you’ll differentiate your products or services, and your products’ or services’ unique selling proposition . Expand upon your products and services, including features and benefits, competitive advantages, and, if marketing a product, how and where your products will be produced. It can be the key predictor of future success, help you share a business purpose with employees, and remind investors why funding your business is … Read more