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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 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.\nPage 2 of 29\nBusiness Plan\nOWNERS\nBusiness name:\tYour Business Name\nAddress:\tAddress Line 1\nAddress Line 2\nCity, ST ZIP Code\nTelephone:\t(555) 555-0100\nFax:\t(555) 555-0101\nE‐mail:\t\u0013 HYPERLINK \"mailto:someone@example.com\" \u0014someone@example.com\u0015\nPage 3 of 29\nTable of Contents\nTable of Contents ............................................................................................................. 3\nExecutive Summary ......................................................................................................... 4\nGeneral Company Description ...................................................................................... 5\nProducts and Services...................................................................................................... 6\nMarketing Plan ................................................................................................................. 7\nOperational Plan ............................................................................................................ 15\nManagement and Organization ................................................................................... 20\nPersonal Financial Statement ....................................................................................... 21\nFinancial History and Analysis.................................................................................... 22\nFinancial Plan ................................................................................................................. 23\nAppendices ..................................................................................................................... 25\nRefining the Plan ............................................................................................................ 26\nPage 4 of 29\nExecutive Summary\nWrite this section last!\nWe suggest that you make it two pages or less.\nInclude everything that you would cover in a five-minute ","cbCaisyyF0HA5emG","https://ap.wps.com/l/cbCaisyyF0HA5emG","docx",87644,29,"English","# 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 Plan\n## Appendices\n# Refining the Plan","[{\"question\":\"What is the recommended order for completing the business plan sections?\",\"answer\":\"Complete the sections in any order you like, except for the Executive Summary, which should be written last.\"},{\"question\":\"How does the template help improve the quality of the final business plan narrative?\",\"answer\":\"It provides more than 150 questions across sections to produce a set of small essays, then guides you to edit them into a flowing narrative.\"},{\"question\":\"What additional guidance is provided for presenting the plan to investors or bankers?\",\"answer\":\"The template directs readers to the “Refining the Plan” section at the end, which includes tips for fine-tuning the plan’s focus and writing style.\"}]","Business Plan for an Established Business - Template | DOCX",1788324698,10]