A SAMPLE BUSINESS PLAN
Your Business, Inc.
A well-written business plan is a crucial ingredient in preparing for business success. Without a sound business plan, a firm merely drifts along without any real direction. Yet, entrepreneurs, who tend to be people of action, too often jump right into a business venture without taking time to prepare a written plan outlining the essence of the business.
You should begin by writing down the answer to the very basic question, "What business am I in?" This may sound elementary, but answering this question with thought and consideration will help you focus on the major purpose of the business, which leads to establishing goals and objectives. In turn, these serve as aids in creating strategies, policies, and procedures. Every small business should have policies concerning credit, customers, product lines, image, prices, advertising, and so on. It is important to plan in writing; otherwise, the planning function either is ignored altogether or is conducted too informally.
This template has all of the ingredients to produce an excellent business plan.
Executive Summary
Key executives: Mr. James K. Quadrant Mr. Isiah M. Gradient
978 Lakeside Drive 113 Broughton Road
Hamilton, New York 13346 Hamilton, New York 13346
(515) 555-5431 (315) 555-6871
Business: Quadrant Surveying & Equipment Company
600 Madison Drive
Hamilton, New York 13346
(315) 555-4000
Business size: $378,000 in billings in latest fiscal year. Qualify under SBA definition of a "small business." ...