BUSINESS PLAN WRITE UP'S

Provide a brief description of your company. The opening paragraphs should introduce what you do and where. From this section, the investor must be convinced of the uniqueness of the business and gain a clear idea of the market in which the company will operate. The legal form of the business such as LLC, S-Corporation, C-Corporation, Partnership, or Proprietorship should be stated as well as the objectives of the business via a mission statement that clearly states the business' purpose and values. Include a vision statement as well as where you see the business in five to ten years.

Creating an extensive business plan is unnecessary for most businesses to get started. However, creating a short business plan offers several benefits that more than outweigh the investment of time:
The process of thinking and writing the plan provides clarity for the business.
If capital is needed from outside sources, investors want to see a plan that demonstrates a solid understanding and vision for the business.
The plan will help prioritize tasks that are most important.