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Here are the seven key components your plan needs.

 Executive Summary. The first and most important part of the business plan is
the executive summary. ...
 Company Description. ...
 Market Analysis. ...
 Organization and Management. ...
 Goods and Services. ...
 Marketing. ...

What are the three main purposes of a business plan?

 Establish a business focus. The primary purpose of a business plan is to


establish your plans for the future. ...
 Secure funding. ...
 Attract executives.

Good business plans should include all financial information. Write up details about all loans
and when they will be paid off. Moreover, summarize details about capital equipment that will be
used and how it will be depreciated. Conduct a break-even analysis that estimates when your
company will likely turn a profit.

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