Writing A Business Development Plan

You can turn to How to Write the Competitors Analysis Section of the Business Plan for help.The Target Market description and Competitive Analysis portions can be two separate sections in the plan or combined as shown: A description of how you intend to entice customers to buy your product(s) or service(s), including advertising/promotion, pricing strategy, sales and distribution, and post-sales support if applicable.

Writing A Business Development Plan-15Writing A Business Development Plan-58

The resulting document can serve as the blueprint for your business and be supplied to financial institutions or investors if debt or equity financing is needed to get your business off the ground.

Once you complete your simple business plan be sure to format it attractively, print it and get it professionally bound.

You want your business plan to convey the best possible physical impression; make it something people are going to want to pick up and look at.

See How to Write The Management Plan Section of the Business Plan before addressing this section.

Ownership Structure The operating plan outlines the physical requirements of your business, such as office, warehouse, retail space, equipment, inventory and supplies, labor, etc.

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