Succeeding in business in the current financial crisis can only be through a proper laid down business plan. The issue of having a business plan is a modern business idea which many experienced managers may not have gone through during their days in school. Anyway this should not be a reason for your business to operate without a plan. The following guidelines meant to give you the main sections of a business plan.
Title page
The title page gives the name of your business.
Table of contents
This is the page which shows the various contents in your business plan. All the main titles in that plan should be reflected on this page with their respective pages.
Executive summary
This is a short summary (normally around one page) which tries to explain the whole business plan.
Business description
This is where you briefly explain what kind of a business you are engaged.
Description of industry
This part explains the industry in which your business operates. For example service, manufacturing, tertiary etc
Marketing plan
These are the laid down strategies that will be used to market your products.
Financial plan
The way you will finance your business operations matters a lot. This should be well shown in your business plan.
Production plan
This is a well description of the way you intend to do the production of your products. Here the procedures and the raw materials for manufacturing industries can be shown.
Organizational plan
This is the plan that shows the leadership structure of your business
Operational plan
This is the part which has the way operations in that business will be, that is, the day to day running of your business.
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