A well written business plan can make or break your business. With a good business plan, you will be able to attract investors, know what to expect from your industry, and be aware of the strategies and performance of your competitors.
Every business plan has different sections, each of which have their own purpose as follows:
- Executive summary – Places at the beginning of the plan, this is where you provide an overview of what your business is about.
- Company description – Here you provide details on your business, your mission and vision, as well as your unique selling proposition (USP).