Question by  sumnersbeth (23)

What are the parts of a business plan for a local business?


Answer by  patti (29325)

It depends on the type of business. There are a number of business plan templates (books and software) that will walk you through. Use only the sections that apply.


Answer by  mrsmyers (474)

When you put together a buisness plan for a local business you want to make sure and include things like information on the industry, infomation on the principals, a marketing plan, financial documents, etc.


Answer by  CoachKat (88)

The business plan for a local business has similar components of any business plan. The parts are Executive Summary, Market Analysis, Company Description, Organization and Management, Marketing and Sales Management, Product/Service description and pricing, Funding Request, and Financials.


Answer by  Liz59 (10966)

Well, it will include many business aspects such as a marketing plan, an information technology plan. You will also need to deal with accounting, finance and strategy as well to make a respective plan.


Answer by  jayk14 (11)

If planing on opening a business, your plans should include such details like your capital,location,workforce, and distribution chains. It should also include where you see the business heading.


Answer by  Mike39 (320)

The most important parts are product description, organizational structure, competition analysis, marketing plan, financial plan, cash flow and sales projection estimates.


Answer by  Liz59 (10966)

Well the parts of a business plan include marketing, finance, accounting and also strategy. Strategy is the most important element.


Answer by  Olivia (21)

Once you plan to start local business,you should have clear cut plan. Your plan should focused on some factors. The most significant factors are Location,Budget,Materials required, Experienced boss,good team with motivating thoughts having some basic knowledge. Next factor is materials required should be high quality with long life span. Good team leads to great success!!!

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