Creating a plan for a small business


If you have been thinking about starting your own small business, it is important to create a detailed plan that will outline your business’s objectives, strategies, and more. It also forms a map for bankers, investors, and other involved parties to use when figuring out how they can best assist you and to help them determine if your business is viable.

To summarize, an efficient small business plan should consist of the following elements:

Executive summary

Describe the general concept of your company, how it will be funded, how much money you will need, its current legal standing, individuals involved, and general history.

Business description

Describe your company in further detail, and how it fits into the market in general. Who will your target audience be, and how will you distribute your product? If you are a LLC,  corporation or sole proprietorship, include that in your plan.

Published on lumpsum.com.  To read the full article, click here.  Premier Business Network™ provides Guaranteed Benefits for Small Businesses™. Feel free to join the  conversation about small business benefits at #pbnbenefits. For more small business tips or to become a member, visit our website at www.premierbusinessnetwork.com, and follow us everywhere @pbnbenefits.

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Premier Business Network™ offers Guaranteed Benefits for Small Businesses™. We provide guaranteed discounted services from nationally recognized suppliers to our exclusive membership base of small businesses and entrepreneurs. At Premier Business Network™, we firmly believe that small businesses and entrepreneurs are the cornerstone of today's economy. With that in mind, our benefits are tailored specifically to help our exclusive members succeed. Premier Business Network™ offers Guaranteed Benefits for Small Businesses™. Join our #smallbusiness #movement at http://bit.ly/fundpbn for #membership #benefits!
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