Description
An established business may need a business plan to set new objectives and strategies, streamline management, expand or explore franchise opportunities, etc. It should focus on the company’s past successes and the contributing factors and provide financial documents in support of expansion or new business ideas and opportunities.
Once again, the headings can be shuffled as required, with additional headings used if need be. All elements included in the business plan should be relevant to your unique business. The Executive Summary must contain the most important information, as this is generally the selling point in the business plan.
The business plan should be easy-to-read and exciting, usually a maximum of 50 pages in length, including all appendices. Make use of charts and tables to facilitate quick interpretation and avoid excessive run-on text.