What are the five categories of business plan?

Types of business plans include, but are not limited to, start-up, internal, strategic, feasibility, operations and growth plans.

What are the top 5 things you need to include in a business plan?

Regardless of how you get started, the best business plans always include the following five things:

  1. Overview (Executive Summary) This is your opportunity to put your business concept into words. …
  2. Products, Services, and Competitive Advantages. …
  3. Marketing Strategy. …
  4. Industry Analysis. …
  5. Management Team.

What are the primary categories of a business plan?

Main Components of a Business Plan

  • Executive summary. This is your five-minute elevator pitch. …
  • Business description and structure. This is where you explain why you’re in business and what you’re selling. …
  • Market research and strategies. …
  • Management and personnel. …
  • Financial documents.

What included in business plan?

Traditional business plans use some combination of these nine sections.

  • Executive summary. Briefly tell your reader what your company is and why it will be successful. …
  • Company description. …
  • Market analysis. …
  • Organization and management. …
  • Service or product line. …
  • Marketing and sales. …
  • Funding request. …
  • Financial projections.

What are the six components of a business plan?

The 6 Key Components Of Writing A Business Plan

  • Industry & Competition.
  • Business/Revenue Model.
  • Sales & Marketing Plan.
  • Management Team.
  • Cash Requirements.
  • Investor Requirements/ROI.
IT IS INTERESTING:  How do you transfer a car from business to personal?

What are the 4 main parts of a business plan?

The four most important sections of a business plan include your unique value proposition, details about your management team, your market analysis and your financial projections.

What are the 3 types of business plan?

Annual Growth Plan

  • A Financial Plan – which is a budget projected out by month for the next 12 months. You will want to project your income and your expenses for each month. …
  • A Marketing Plan – which is what drives your Financial Plan. …
  • An Operations Plan – which takes into account the 7 basic processes in every business.

What are the 7 parts of business plan?

The 7 elements of a Business Plan

  • Executive Summary. …
  • Business Description. …
  • Market Analysis. …
  • Organization and Management Structure. …
  • Sales Strategies. …
  • Funding. …
  • Financial Projections.

What is the most important part of a business plan?

The executive summary the most important part of your business plan, and perhaps the only one that will get read so make it perfect!