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Your research will help you in putting the business plan together as it will give you an understanding of the dynamics and forces affecting the industry.
Each should be written by people who are fully aware of the contents and intricacies of the other areas of the plan so that the different sections are all integrated.
The best option is to write the plan yourself as you know your business best.
Also, if you are responsible for writing the business plan, you could identify certain challenges and find solutions to them, it will also ensure that you know every single aspect of the business, which is critical when meeting with potential investors.
You may need assistance putting together the financial information if you don’t have a financial background, but make sure you get an accountant to explain what all the figures mean.
However, there are a few general guidelines that all entrepreneurs can follow, while adapting their own plans for their specific needs.
Start your plan by describing the inputs you require to sell goods or services, and exactly how you will go about acquiring them.Move on to detail how you will store, maintain and otherwise manage raw materials, work-in-process inventory or finished goods before either selling them or using them up in services.This section is more important for certain business than others.This is important regardless of whether you have previous experience in that particular industry.You can use the Internet, industry experts and associations, suppliers and existing competitors for the information.Services can be performed in dedicated outlets such as nail salons, for example, or they can be performed on customers' premises, as is the case for electrical contractors.After-sale service is an operational reality for both sellers of goods and service providers.An operating plan is a specific outline of how your business will conduct its operations.More specifically, the plan covers details such as inventory sourcing, manufacturing processes, distribution and anything else directly related to making, acquiring, storing and delivering goods (or providing services).Although there is a fairly well accepted structure for a business plan format, there are many ways of putting it down on paper.There are three primary parts of a business plan: Your contents page should be the very last thing you write to ensure that all the page numbers are correct.