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The 10 steps to write a business plan are: Create an executive summary. Compose your company description. Summarize market research and potential. Conduct competitive analysis. Describe your product or service. Develop a marketing and sales strategy. Compile your business financials. Describe your organization and management.
How to Write a Business Plan Step by Step Step 1: Executive Summary. ... Step 2: Description of Business. ... Step 3: Market Analysis. ... Step 4: Competitive Analysis. ... Step 5: Description of Organizational Management. ... Step 6: Description of Products or Services. ... Step 7: Marketing Plan. ... Step 8: Sales Plan.
Executive summary It may include a table of contents, company background, market opportunity, management overviews, competitive advantages, and financial highlights. It's probably easiest to write the detailed sections first and then extract the cream to create the executive summary.
Write an executive summary. Describe your company. State your business goals. Describe your products and services. Do your market research. Outline your marketing and sales plan. Perform a business financial analysis. Make financial projections.
Download the business plan template - Word format - and use the questions, tables, and suggested content to build your unique plan. You'll find all the key elements of a traditional business plan, plus a section specifically for startups using the business plan to attract investment.