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What are the main sections of a business plan?
Here are the main sections of a business plan: 1. Title Page The title page captures the legal information of the business, which includes the registered business name, physical address, phone number, email address, date, and the company logo. 2. Executive Summary
Where can I find a business plan template?
This template has been used by universities such as Princeton and Babson to teach entrepreneurs how to start businesses. It’s also been used by over 1 million businesses to write business plans for bank loans, venture capital and angel investments, business expansion, and even business sales.
Do you have to include numbers in a business plan?
Even with all the great thought you'll put into the text portions of your business plan, a good business plan depends on numbers to make it all real. Without the numbers, it's only a rough draft at best. An effective business plan has to include at least three important "pro forma" statements (pro forma in this context means projected).
How to estimate figures for your business plan?
Do some research into what prices you may need to pay. Remember that as a new business, you may be charged a higher amount than more established companies. Buying in bulk can lower costs, but you need the cash to be able to do this and it ties up your money in stock.
Last Update: Oct 2021
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