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Business Plans
Sample Plan: Brian's Book Barn is a new retail business venture due to begin operations on June 1, 1997. The business is a book and magazine store intended to serve the community of Ladbrokes and the surrounding area. A term loan of $20,000 is needed to ensure that the store has adequate inventory on hand when the store opens. Operating loans totaling $1000 are required to ensure positive cash flows in the first year. This business plan includes Executive summary, Business overview, Products and Services, Industry Overview, Marketing Strategy, Management and Staffing, Regulatory Issues, Risks, Implementation Plan and Financial Plan.
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Business Plan: Executive Summary
Think of the executive summary as the only part of the business plan most readers will study. Even if they go through the whole plan, what you want them to remember is the information in the executive summary.
Writing Tip:
Business Context - Provide information that will give the reader an understanding of the larger market that you are in. Talk about growth potential, new products, and economic trends.
The Business Plan is perhaps the most important document an entrepreneur can create. The business plan helps guide the direction of any new company.
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