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The process of developing your business plan will help you outline your goals and the methods by which you plan to reach them.  \nUse this document as a starting tool to begin determining these various aspects of your business.  \n1. Read through each section of this outline.  \n2. In the spaces provided, begin documenting information or answers to questions posed.  \n3. If you’re unsure of an answer or detail in a certain section, leave it blank for now.  \nWhy Write a Business Plan?  \nA business plan is an important tool for any entrepreneur to judge the viability of your business idea. Your business plan can also be a useful tool to help you raise capital for your business venture. Lenders like to lend money to businesses they think will be able to make it. Your job is to convince them that your business is going to be successful.  \nIt provides an operating plan to assist you in running the business and improves your probability of success. It communicates your idea to others, serves as a “selling tool,” and provides the basis foryour financing proposal.  \nIf you won't use the plan to raise money, your plan will be internal and may be less formal. If you are presenting it to outsiders as a financing proposal, presentation quality and thorough financial analysis are very important.  \nSection One: The Business  \nExecutive Summary  \n1. My company name will be:    \n2. My business purpose is:    \n3. I plan to organize my company as (Corporation, Partnership, LLC, Other)    \n4. I have been in business since or plan on starting on:    \n5. Manager(s) for the company will be    \n6. My experience as an owner is:    \nNotes:  \nProducts & Services  \n1. The products or services I sell are:    \n2. The features and benefits of what I’m selling are:    \n3. My products/services differ from my competition by:    \n4. What makes my product/services unique and desirable is:    \n5. Customers will buy from me because:   \nNotes:  \nThe Industry, Competition & Market  \n1. I consider my competition to be:    \n2. How I will measure against the competition:    \n3. My local competitors are:    \n4. My national competitors are:    \n5. Some of the trends I see in my industry are:    \n6. Some potential areas I see for growth are:    \n7. My typical customers have these characteristics in common:    \n8. These segments of customers are under-served by competition:   \nNotes:  \nMarketing Plan  \nMarketing should address the four P’s – Product, Price, Placement, and Promotion  \n1. My product or service is:    \n2. My pricing strategy is (For example: premium, every day, low price, frequent sales):  \n3. The places I will sell my product or service are:    \n4. I will promote my product or service by:    \n5. My competitive advantage is:    \n6. I can add value or compete on the following non-price issues:    \n7. I will distribute my product or service by:    \n8. My use of advertising will consist of:    \n9. I will get feedback from my customers by:   \nNotes:  \nOperating Plan  \n1. The location of my business is:    \n2. My hours of operation will be:    \n3. This is a good location for my business because:    \n4. I will be involved with the business by completing the following duties:    \n5. The equipment/furniture/fixtures I need for my business would include:    \n6. If I need to hire new employees, I will need to hire for these new positions:    \n7. I will provide the following benefits to my employees:    \n8. I will recruit my employees by or from:    \n9. My suppliers and vendors are:    \n10. My cybersecurity and information management plans are:    \n11. Changes I’m considering for the business (if purchasing an existing business):    \nNotes:  \nManagement & Ownership  \n1. The owners of my company are:    \n2. I have included resumes for the following key management pers","cbCaiio7P64vaZML","https://ap.wps.com/l/cbCaiio7P64vaZML","pdf",197806,"English","# How to use this document\n# Why Write a Business Plan?\n# Section One: The Business\n## Executive Summary\n## Products & Services\n## The Industry, Competition & Market\n## Marketing Plan\n## Operating Plan\n## Management & Ownership\n## SWOT Analysis\n## Financials","[{\"question\":\"What is the purpose of this business plan template?\",\"answer\":\"It helps evaluate the feasibility of a new business idea in an objective way and supports outlining goals and the methods to reach them.\"},{\"question\":\"Which sections are included in the template?\",\"answer\":\"It covers Executive Summary, Products \\u0026 Services, Industry/Competition/Market, Marketing Plan (four P’s), Operating Plan, Management \\u0026 Ownership, SWOT Analysis, and Financials.\"},{\"question\":\"How should unknown details be handled in the form?\",\"answer\":\"If an answer or detail is unsure, leave it blank for now, and fill it in later when more information is available.\"}]","Fill in the Blank Business Plan Template | PDF",1790094666]