Sections of a business plan

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There is no single standard for a business plan, but a classic document should at least reflect 6 main sections:

A cover page with introductory and brief information about your company.
Market analysis, including identifying a bahrain telegram number database portrait of the target audience and collecting information about competitors.
Marketing Plan - This section will display the strategy and budget for promoting your business.
A production plan that describes the entire cycle of creating a product or service.
A financial plan with calculations of business start-up costs, approximate revenue and profit. Overall, you should get a financial model of the future enterprise.
Risk Analysis - This section will describe potential risks to your business and list solutions that will help you avoid losses or closing your business.
If you don't want to create one business plan for yourself and for external readers, you can add a summary as the second section. It will describe all the advantages of the business so that investors or the bank can decide whether to invest in this business or not. In the summary, tell about the goals of the business and the initial resources, list the ways in which you will achieve the set goals, indicate the amount of investment, the payback period and the planned profit. Although the summary is the second section, you can only write it after filling in all the other components of the plan.