[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-234313-105":3,"detail-sidebar-cat-1-en-105":81,"doc-detail-234313-en":126},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","business-plan-for-an-established-business-guide","Business Plan for an Established Business - Guide","","A business plan template and narrative guide for established businesses, designed to be completed in stages with a completed first draft transformed into a coherent story. It provides an in-depth questionnaire covering company basics, products and services, marketing, operations, management, and personal and financial statements. 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The narrative template is the body of the business plan. It contains more than 150 questions divided into several sections. Work through the sections in any order you like, except for the Executive Summary, which should be done last. Skip any questions that do not apply to your business. When you are finished writing your first draft, you will have a collection of small essays on the various topics of the business plan. Then you will want to edit them into a flowing narrative.  \nThe real value of doing a business plan is not having the finished product in hand; rather, the value lies in the process of research and thinking about your business in a systematic way. The act of planning helps you to think things through thoroughly, to study and research when you are not sure of the facts, and to look at your ideas critically. It takes time, but avoids costly, perhaps disastrous, mistakes later.  \nThe business plan narrative is a generic model suitable for all types of businesses. However, you should modify it to suit your particular circumstances. Before you begin, review the section titled Refining the Plan, found at the end of the business plan. It suggests emphasizing certain areas, depending upon your type of business (manufacturing, retail, service, etc. ) . It also has tips for fine-tuning your plan to make an effective presentation to investors or bankers. If this is why you are writing your plan, pay particular attention to your writing style. You will be judged by the quality and appearance of your work as well as your ideas.  \nIt typically takes several weeks to complete a good plan. Most of that time is spent in research and rethinking your ideas and assumptions. But then, that is the value of the process. So make time to do the job properly. Those who do make the time for proper planning never regret the effort. And finally, be sure to keep detailed notes on your sources of information and on the assumptions underlying your financial data.  \nBusiness Plan  \nOwners:  \nBusiness name: Your Business Name  \nAddress: Address Line 1  \nAddress Line 2  \nCity, ST ZIP Code  \nTelephone: (555) 555-0100  \nFax: (555) 555-0101  \nE-mail: [someone@example.com](someone@example.com)  \nTable of Contents  \nExecutive Summary…............................................................................................Page 5  \nGeneral Company Description…........................................................................... Page 7  \nProducts and Services .......................................................................................... Page 8  \nMarketing Plan…................................................................................................... Page 9  \nOperational Plan................................................................................................... Page 16  \nManagement and Organization…........................................................................ Page 21  \nPersonal Financial Statement….......................................................................... Page 22  \nFinancial History and Analysis….......................................................................... Page 23  \nFinancial Statement…......................................................................................... Page 24  \nAppendices…....................................................................................................... Page 26  \nRefining the Plan…..............................................................................................Page 27  \nExecutive Summary  \nWrite this section last! We suggest that you make it two pages or less. Include everything that you would cover in a five-minute interview.  \nExplai","cbCaihci1VSezpmf","https://ap.wps.com/l/cbCaihci1VSezpmf","pdf",700974,"English","# Table of Contents\n## Executive Summary\n## General Company Description\n## Products and Services\n## Marketing Plan\n## Operational Plan\n## Management and Organization\n## Personal Financial Statement\n## Financial History and Analysis\n## Financial Statement\n## Appendices\n## Refining the Plan","[{\"question\":\"In what order should the business plan sections be completed, and which section should be done last?\",\"answer\":\"Work through the plan sections in any order, except for the Executive Summary, which should be done last.\"},{\"question\":\"What is the purpose and value of creating a business plan, beyond having a final document?\",\"answer\":\"The real value comes from systematic research and structured thinking about the business, helping evaluate facts, study assumptions, and avoid costly mistakes later.\"},{\"question\":\"What should the Executive Summary include, especially when applying for a loan?\",\"answer\":\"It should state the fundamentals of the business and financing points, including funding amount, intended use, profitability and repayment rationale, and the key objectives, structure, principals, success reasons, funding terms, risks, and assumptions.\"}]","Business Plan for an Established Business - Guide | PDF",1789086067]