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Great tips for writing a business plan

Mired in Marketing Matters
Understanding your target market has value only if you use the knowledge to determine how to reach them to sell your products or services. Potential investors will want to know how you plan to do this, and an explanation of your marketing strategy is a comprehensive section of any business plan. Work with the well-known of the marketing mix: product, price, place and promotion.

Product or Service
Provide a description of the features of your product. …

Are All Business Plans the Same?

When you first set yourself to the task of writing a business plan it can be overwhelming. You may ease the tension by finding a sample copy of a business plan online and simply copying the basic structure, but that is not always the smartest thing to do. While most business plans are created with the same basic structure, there are different types of business plans. What you include in your plan is determined by what you intend to accomplish …

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