Basic Business Plan Guidelines

A Business Plan helps you evaluate the feasibility of a new business idea in an objective, critical, and unemotional way.

Writing a Business Plan will probably take a lot of time. Up to 100 hours or more is not uncommon for a new business that requires a lot of research.



A typical plan will have three sections. Section one is a written section describing Management and Marketing aspects of the business. Section Two includes financial projections. Section Three is supplemental information. A short (3-5 pages) Executive Summary is often added at the beginning of more complex business plans.

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