The Steps


Intro:
Before you begin
Step 1:
Understand your audience
Step 2:
Prepare to research and write
Step 3:
Outline the essentials
Step 4:
Detail the investment opportunity
Step 5:
Analyze the company and industry
Step 6:
Address the market
Step 7:
Explain how your business will run
Step 8:
Introduce the management team
Step 9:
Prepare a financial plan
Step 10:
Provide source materials
Step 11:
Avoid common pitfalls
Step 12:
Proofread your work

 

 Business


2torial #0603 - Step 10:
Learn2 Write a Business Plan (Continued)

Step 10 Provide source materials

The appendices are made up of documents that support specific claims you've made in the body of your business plan. Items might include:

  • Financial documents or other evidence of past success

  • Detailed balance sheets and income statements (if they're too long for the financial plan section)

  • Any necessary legal documentation

  • Detailed flow charts for management and production decisions

  • Product/service specifications (a detailed description)

  • Letters from suppliers or potential customers, including any agreements you may have already reached

  • Resumes from the management team

  • Information about other investors who have already signed on

Go 2 Step 11



 

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