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The key elements to include in a startup business plan are:
1. Executive Summary: This is a brief overview of your business, its mission, vision, and the plan to achieve the goals.
2. Company Description: Detailed information about your company, what it does, and what makes it unique.
3. Market Analysis: Research on your industry, market, and competitors.
4. Organization and Management: Your business structure, management team, and staff.
5. Service or Product Line: Details about your products or services, and how they benefit your customers.
6. Marketing and Sales: Your strategies for attracting and retaining customers.
7. Funding Request: If you're seeking funding, include your current funding requirements and future projections.
8. Financial Projections: Provide an outlook of your business's financial future to show that your business is stable and will be profitable.
9. Appendix: This is optional, but can include resumes, permits, leases, etc.
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How do you make a business plan for your startup? A business plan template, or company proforma, plots out the trajectory of your business based on its current restraints in order to map its projected future backed up by hard data. Below, we share how to use our financial template (available in Microsoft Excel and Google Sheets) to save you hours of work as you launch your next venture.
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Need better tools to fix a failed business or start a new one? Save hours of work with all the tools to track future revenues and expenses. This busin...
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