Reference no: EM133207118
The next step you will take in developing your Business Plan is to describe the venture's product or service (step 7) and identify the location and layout (step 9).
Business Plan Elements
1. Title Page and Table of Contents
2. The Executive Summary
3. Mission and Vision Statements
4. Company History (If you are purchasing an existing business or are looking to expand an existing business)
5. Business and Industry Profile
6. Business Strategy
7. Describe the venture's product or service
8. Marketing Strategy
9. Location and Layout
10. Competitor Analysis
11. Description of Management Team
12. Plan of Operation
13. Financial Statements
14. Loan or Investment Proposal
15. Conclusion
Products and Services
Features: Describe in depth your products or services (technical specifications, drawings, photos, sales brochures, and other bulky items belong in Appendices).
Customer Benefits: What factors will give you competitive advantages or disadvantages? Examples include level of quality or unique or proprietary features.
What are the pricing, fee, or leasing structures of your products or services?
Production
How and where are your products or services produced?
Explain your methods of:
Production techniques and costs
Quality control
Customer service
Inventory control
Product development
Location & Layout
Location
Demographic analysis
Traffic count
Lease/rental rates
Labor needs and supply
Wage rates
Layout
Size requirements
ADA compliance
Ergonomic issues
Layout plan