Business Plan Creation Checklist
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What to Include:
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Table of Contents
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Overview
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Marketing Strategy
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Industry Analysis
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Management Team
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Financing Needs
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Market Opportunity
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Operational Plan
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Financial Projections
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Sources of Funding
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Plans for How Funding will be used
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Appendices
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Does Your Business Plan Answer these Questions?
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What is the need your business will satisfy?
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How is your company different than the competition?
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What is your marketing plan?
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Who are the key players within the company?
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How big is the market you are entering?
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What are your products and/or services? What sets them apart?
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What are the economics associated with your business?
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How long will it take to reach profitability?
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Are you Avoiding these Business Plan Mistakes?
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Lack of detail.
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The plan is not complete.
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The information provided is vague.
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The plan makes unrealistic assumptions about the future.
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Inadequate research.
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You note that there is no competition.
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You neglect to examine the financial side of the business.