Depending on the kind of business you are in, the contents of a business plan may vary. However, it should replicate the vital info about your business, and this involves:
- Executive Summary – this is an overview of your business.
- Company Description – this is an account of what you do as a business, how it is different from others.
- Market Analysis – this illustrates your knowledge about your own industry
- Organization or Management – this refers to the ownership of your company
- Service or Product – this is the part where you talk about the benefits of your product or service
- Marketing and Sales – this is where you define your marketing and sales strategy
- Funding – this talks about in detail about your funding requirement if you need one
- Financial Projections – this includes your company’s historical
- Appendix – this is an optional part of a business plan, but you can use this part to include your resume
These things can help you make a smooth shift from company incorporation to scaling up your enterprise in the future.
Read on about how to write a business plan here: Launching A Business In SG: How To Set Up A Business Plan
