Building business plans

They are the drivers of growth for your business model and your financial plan. Investors want to make sure that your business is going to make them money.

Here are a few areas that you might consider as part of your promotional plan: Packaging If you are selling a product, the packaging of that product is critical.

Distribution For product companies, a distribution plan is an important part of the complete business plan.

You'll also look at where you stand among your competition and everyone has competitionand lay out your goals and the milestones you'll need to meet. It comes first in your plan and is ideally only one to two pages. This is an opportunity for you to outline how your company will operate in terms of board members and investors.

What are your competitive advantages over the competition? Unlike [name omitted], LivePlan creates a real business plan, with real insights—not just cookie-cutter, fill-in-the-blank templates.

Business plan examples for students

Getting a prominent review of your product or service can give you the exposure you need to grow your business. Problem In one or two sentences, summarize the problem you are solving in the market. Every entrepreneur and startup company needs a plan. If things are going well, your plan will help you think about how you can re-invest in your business. What are your competitive advantages over the competition? Don't assume that financial projections for a sample company will fit your own small business. Investors put an enormous amount of weight on the team—even more than on the idea—because even a great idea needs great execution in order to become a reality. Download