Typical structure for a business plan for a start up venture

Hello,I believe by now we must have known what is  business plan ,Please click here if you need more understanding on what is business plan .

Today ,I will be taking us through typical structures needed in writing business plan for new businesses ,I won't go into details ,but I promise to do that step by step making sure you understand  it,in our next post .

Now,these are necessities in typical business plan for start up ventures ;

• cover page and table of contents
• Executive summary 
• mission statement
• business description
• business environment analysiso
• SWOT analysis 
• industry background
• competitor analysis
• market analysis
• marketing plan
• operations plan
• management summary
• financial plan
• attachments and milestones

              Typical questions addressed by a business plan for a start up venture
Having known the structures needed in writing business plan for start up ventures ,it is also important we know the questions we must ask our selves while writing business plan for start ups.

The necessary  questions we must ask our selves are  ;

• What problem does the company's product or service solve? What niche will it fill?
• What is the company's solution to the problem?
• Who are the company's customers, and how will the company market and sell its products to them?
• What is the size of the market for this solution?
• What is the business module for the business (how will it make money)?
• Who are the competitors and how will the company maintain a competitive advantage ?
• How does the company plan to manage its operations as it grows?
• Who will run the company and what makes them qualified to do so?
• What are the risks and threats confronting the business, and what can be done to mitigate them?
• What are the company's capital and resource requirements?
• What are the company's historical and projected financial statements?

One must have ready made answers to the above questions before writing his/her business plan .

Remeber our next lesson will be about giving us  detailed informations on typical structures for business plan for start up ventures .

Keep a date with us .