what are the essential features of a business plan?
147669
['Executive Summary. ... ', 'Company Description. ... ', 'Market Analysis. ... ', 'Competitive Analysis. ... ', 'Management & Operations. ... ', 'Marketing and Sales. ... ', 'Financial Summary.']
446517
['1- Type of registration. Setting up Business. ... ', '2- Industry Regulations and Licensing: Certain trades require specific licensing. ... ', '3- Health and Safety Obligations. ... ', '4- Associations. ... ', '5- Insurance. ... ', '6- Goals For the Business. ... ', '7- Marketing. ... ', '8- Business Plan /Growth Plans.']
619487
['Cash Requirements.', 'Volume of Sales.', 'Terms of Purchase and Sales.', 'Inventory Turnover.', 'Current Assets Requirements.', 'Operation Efficiency.', 'Change in Technology.', "Firm's Finance and Dividend Policy."]
575580
['Registration: ... ', 'Legal Entity: ... ', 'Perpetual Succession: ... ', 'Transferability of Shares: ... ', 'Limited Liability of Members: ... ', 'A Company is Capable of Owning, Using and Disposing of Assets in its Own Name: ... ', 'Common Seal: ... ', 'Board:']
701119
['Tax efficient. ... ', 'Limited liability. ... ', 'Separate entity. ... ', 'Professional status. ... ', 'Company pension. ... ', 'Maximising tax-free income. ... ', 'Complicated to set up. ... ', 'Complex accounts.']
1296369
['Fit with mission, vision, values.', 'Fit with strategy and other projects.', 'Risk profile.', 'Non-economic benefits and costs (qualitative, capacity)', 'Economic benefits and costs.']
576692
['A business model describes the rationale of how an organization captures, creates and delivers value. ... ', '1) Value Proposition. ... ', '2) Revenue Model. ... ', '3) Market Opportunity. ... ', '4) Competitive Environment. ... ', '5) Competitive Advantage. ... ', '6) Market Strategy. ... ', '7) Organizational Development.']
248904
1. To help you with critical decisions. While business plans have many purposes, the primary importance of a business plan is that they help business owners make better decisions. ... Building a business plan allows you to determine the answer to some of the most critical business decisions ahead of time.
1254357
['Cash Memo: Sales and purchases are the main features of any business enterprise. ... ', 'Invoice and Bill: Invoice or bill records the credit transactions related to sale or purchase. ... ', 'Receipt: ... ', 'Pay in Slip: ... ', 'Cheque: ... ', 'Debit Note: ... ', 'Credit Note: ... ', 'Vouchers:']
1077685
['Sound Forecasting.', 'An Adequate, Planned and Reliable Accounting System.', 'Efficient Organisation.', 'Formation of Budget Committee.', 'Cleanly defined Business Policies.', 'Availability of Standard Information.', 'Support of Top Management.', 'Good Reporting System.']
1081390
['Location.', 'Furniture, fixtures and equipment.', 'Inventory.', 'Trained employees.', 'Established customer base.', 'Existing cash flow(sufficient to pay expenses and make a living)', 'The industry itself (future market for product/service)', 'Competition.']
645112
['Simple and Low-Cost Formation. ... ', 'Taxation. ... ', 'Confidentiality and Asset Protection. ... ', 'Specialized Business Court. ... ', 'Freedom of Contract. ... ', 'Series LLCs. ... ', 'Multiple-State Registration and Reporting. ... ', 'Multiple Registered Agents.']
1064950
['The name of the firm.', 'Name and addresses of the partners.', 'Nature of the business.', 'The term or duration of the partnership.', 'The amount of capital to be contributed by each partner.', 'The drawings that can be made by each partner.']
1185063
['Product/Service Model (Hook & Bait) When most people think of a “business”, they envision a company selling products or services. ... ', 'Reseller (Magic) ... ', 'Ad-Based Model. ... ', 'Subscription-Based Model. ... ', 'On-Demand. ... ', 'Broker. ... ', 'Freemium.']
1139092
['Market research. Research is the backbone of the marketing plan. ... ', 'Target market. A well-designed target market description identifies your most likely buyers. ... ', 'Positioning. ... ', 'Competitive analysis. ... ', 'Market strategy. ... ', 'Budget. ... ', 'Metrics.']
199388
['Operating budget. ... ', 'Cash-flow statement (projected). ... ', 'Profit-and-loss statement (projected). ... ', 'Sales projections. ... ', 'The Executive Summary.']
352786
Whether you're starting a small business or exploring ways to expand an existing one, a business plan is an important tool to help guide your decisions. Think of it as a roadmap to success, providing greater clarity on all aspects of your business, from marketing and finance to operations and product/service details.