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Pitch Street'sBusiness Plan Generator is a revolutionary new online technology that will put an end to bad business plans and will put your funding request in to the hands of investors. Create your PitchStreet profile and get-connected with other entrepreneurs and such as yourself or investors.
Collaborate with other team members, or invite people to view your plan with read-only access. You setup all the access for others that you need in a simple menu.
If you have decided to establish a business to manufacture or sell your own invention, you will need a business plan to raise money and help your new business flourish.
What Is Included In A Business Plan
A business plan consists of four main parts: the description of the business, the marketing plan, the financial management plan, and the management plan. A business plan should also include an executive summary, supporting documents and financial projections. An remember, you have to have evidence that backs up these numbers.
Below we have drawn you an outline of what needs to go into a business plan. This is only intended as a guide when developing your business plan, as every business is different and unique. An remember, there is always the option of using our business plan generator.
Elements of a Business Plan
Statement of purpose
Table of contents
Descriptions of your business
Describe the competition
Your financial data should include:
Capital equipment and supply list
Break even analysis
Income projections (profit & loss statements) that could include a three-year summary, details by month and first year, details by quarters, second and third years, and the assumptions upon which your projections were based.
Current cash flow that could include details similar to your income projections.
You should include supporting documents for example:
Tax returns of all principals (you and your partners) for last three years.
Personal financial statement (all banks have these forms)
Copy of proposed lease or purchase agreement for building space
Copy of licenses, patents, and other legal documents
Copy of the resumes of all principals
Copies of letters of intent from suppliers, etc.