Identify and explain any two features of
Business plan.
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A business plan is a written document that describes in detail how a business—usually a startup—defines its objectives and how it is to go about achieving its goals. Business plans are important documents used to attract investment before a company has established a proven track record.
Components of a Good Business Plan
1. Executive Summary. Your executive summary should appear first in your business plan.
2. Company Description.
3. Market Analysis.
4. Competitive Analysis.
5. Description of Management and Organization.
6. Breakdown of Your Products and Services.
7. Marketing Plan.
8. Sales Strategy.
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