First Step To Starting A Business.

A business plan is a formal statement of business goals, reasons they are attainable, and plans for reaching them. It may also contain background information about the organization or team attempting to reach those goals.(WIKI)

Write Your Business Plan

 

A business plan is an essential roadmap for business success. This living document generally projects 3-5 years ahead and outlines the route a company intends to take to grow revenues.

  • EXECUTIVE SUMMARY

    Your executive summary is a snapshot of your business plan as a whole and touches on your company profile and goals. Read these tips about what to include.

  • COMPANY DESCRIPTION

    Your company description provides information on what you do, what differentiates your business from others, and the markets your business serves.

  • MARKET ANALYSIS

    Before launching your business, it is essential for you to research your business industry, market and competitors.

  • ORGANIZATION & MANAGEMENT

    Every business is structured differently. Find out the best organization and management structure for your business.

  • SERVICE OR PRODUCT LINE

    What do you sell? How does it benefit your customers? What is the product lifecycle? Get tips on how to tell the story about your product or service.

  • MARKETING & SALES

    How do you plan to market your business? What is your sales strategy? Read more about how to include this information in your plan.

  • FUNDING REQUEST

    If you are seeking funding for your business, find out about the necessary information you should include in your plan.

  • FINANCIAL PROJECTIONS

    If you need funding, providing financial projections to back up your request is critical. Find out what information you need to include in your financial projections for your small business.

  • APPENDIX

    An appendix is optional, but a useful place to include information such as resumes, permits and leases. Find additional information you should include in your appendix.

  • HOW TO MAKE YOUR BUSINESS PLAN STAND OUT

    What makes your business unique? Determining this could help you stand out from the crowd and give you advantages over your competitors

    Choose Your Business Structure

     

    The business structure you choose will have legal and tax implications. Learn about the different types of business structures and find the one best suited for your business.

    • SOLE PROPRIETORSHIP

      A sole proprietorship is the most basic type of business to establish. You alone own the company and are responsible for its assets and liabilities. Learn more about the sole proprietor structure.

    • LIMITED LIABILITY COMPANY

      An LLC is designed to provide the limited liability features of a corporation and the tax efficiencies and operational flexibility of a partnership. Learn more about how LLCs are structured.

    • COOPERATIVE

      People form cooperatives to meet a collective need or to provide a service that benefits all member-owners. Learn more about how cooperatives are structured.

    • CORPORATION

      A corporation is more complex and generally suggested for larger, established companies with multiple employees. Learn more about how Corporations are structured.

    • PARTNERSHIP

      There are several different types of partnerships, which depend on the nature of the arrangement and partner responsibility for the business. Learn more about how these are structured.

    • S CORPORATION

      An S corporation is similar to a C corporation but you are taxed only on the personal level. Learn more about how S corporations are structured.

      Choose & Register Your Business

       

      Choosing and registering your business name is a key step to legally operating your business and potentially obtaining financial aid from the government.

      • CHOOSE YOUR BUSINESS NAME

        Your business name will frame its identity. There are many factors to choosing your business name. Here are some tips to get started.

      • REGISTER YOUR BUSINESS NAME

        After you have selected a name for your business, you will need to register it to comply with the law. Learn more about how to register your business name.

      • REGISTER WITH STATE AGENCIES

        For some businesses, you need to register your business name with state or local government agency. Find out what the requirements are for your state.

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If your actions inspire others to dream more, learn more, do more and become more, you are a leader. John Quincy Adams

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