Elements of a Business Plan

THE BUSINESS PLAN 1 8 EXECUTIVE SUMMARY 2 A one page nutshell of your mission, your vision and your purpose. TARGET MARKET FINANCIAL PROJECTIONS Who are your products/ services intended for? How much money do you need to start/run the business? Determine the profitability of the company. Send a survey to gather demographics and budgets. $kaho melivalion 3 COMPETITORS OPERATIONS plana Define your competitors, their strengths & resaavch Success How are you going to run your business? Determine the most efficient way to get the job done. teachng feamwork dretegy * solution ? I weaknesses. Determine competitive advantage. vision 4 MARKETING PLAN How will you get your products/services in front of ideal clients? How will HUMAN RESOURCES Will you need additional staff to run your business? Also list down what skills you communicate your message? do you need to have. VENDORS/SUPPLIES Will you require outside sources or projects to operate? What about the supplies that you will be using on a regular basis? ideas LO CO