After gathering all the information in the previous steps you
need to put it all down in the form of a clearly understandable
business plan. It is always good to write two business plans, a
detailed one for your self and a less detailed one for any one
else who wishes to review your business plan and does not need
to know all the minor details about how the business shall be
run. A. Business Description 4. Market and competition 5.
Management experience B. Business definition goals and
objectives C. Summary of financial needs and application of
funds II. Market Analysis A. Description of total market B.
Industry trends C. Target Market III. Products or Services A.
Description of product line B. Proprietary position: patents,
copyrights and legal issues. C. Comparison to competitors
products, operations etc. IV. Manufacturing Processes (If
Applicable) B. Source of supply C. Production methods V.
Marketing strategy A. Overall strategy B. Pricing policy C.
Method of selling, distributing, and servicing products