Business Plan Requirements

Business Plan Requirements-45
Describe the marketing strategy and how you intend to drive sales.

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Plan well and work hard and you will have the satisfaction of seeing your ...

This paper explains some of the concepts of requirements management and introduces a number of techniques that can be applied.

Include current and future funding requirements, how that funding will be used and long range strategies that impact funding request.

Any factors which directly impact your ability to repay your loan should be included, such as acquisitions, sale of the business in future or a buyout.

Provide evidence that your company offers a product or service that serves as a solution to a problem identified by your target market.

Information regarding service or product costs, suppliers and any new services which may be added should be included in this part.

Writing a business plan need not be an overwhelming task if you consider the following information.

Before drafting a business plan it is important to understand why this document is so important to the success of your business.

Both past financial data as well as prospective financial data will be required by potential lenders.

Include the following financial statements for the past three to five years; cash flow statements, balance sheets and income statements.

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