Business Plan Appendices

Here are some sections that you may want to include in your business plan: The executive summary is an overview of the key points contained in your business plan and is often considered the most important section.

It is usually the first section that a potential investor or lender will read, and may be the only section to be read if it is not prepared properly.

If appropriate, discuss any advisors, mentors, consultants that offer you support.

You may want to include: Don't underestimate the importance of this part of your plan.

Banks and other lenders understand that businesses will encounter difficulties at some point, and want to know how you will deal with these challenges.

Remember that overestimating strengths and opportunities or ignoring potential problems will undermine your credibility.Finally, add any appendices that are relevant and strengthen your business plan.You should put detailed information that supports your plan but is too ‘heavy’ to include in the main body, in an appendix.Putting time and effort into conducting a comprehensive SWOT analysis can help you: This section addresses how you plan to manage your employees and human resources processes.You should also discuss your short-term and long-term plans for employee recruitment, training, and retention.You may want to include information about: Effectively using information technology is an important part of managing a business.In this section, you should outline how you plan to use internet technologies to reach customers, manage your business, and reduce costs.These could include things like; additional statistics, results of research that you have done, or maps.This Guide to Writing a Business Plan has been produced with EBP which has for the last 25 years developed software for businesses.Implementing good environmental and social practices is good business — it can give you a competitive advantage and help foster goodwill toward your business.In this section you should discuss ways in which your business honours ethical values and respects people, your community, and the environment.

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