Create an Effective Business Plan Following Five Specific Steps
Creating an effective business plan is possible when you follow these five steps.
1. Create an Outline
Find a template for a standard business plan. The list details each section of a business plan in the order that they need to be included: Executive Summary, Company Analysis, Industry Analysis, Customer Analysis, Competitive Analysis, Marketing Plan, Operations Plan, Management Team, Financial Plan, and the Appendix. Begin to input the information that you are aware of for each of these sections. Do …