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The operations plan will highlight the logistics of the organization such as the various responsibilities of the management team, the tasks assigned to each division within the company, and capital and expense requirements related to the operations of the business.
The quality of management is often the key factor in obtaining debt or equity funding.
Unforeseen Economic, Social, or Political Developments H.
Although the written business plan of a start-up venture must be tailored to the particular business and industry, the essential items in a written business plan include the following: Cover Page The cover page should include the following: Table of Contents and Table of Appendices The table of contents and table of appendices should refer the reader to the sections and subsections of the business plan.
Executive Summary The executive summary is the first part of the business plan to be read by potential lenders and investors.
It should address sources and uses of funds and present the financial future for the business.
There are three main financial statements needed to be included in your business plan.
You also need to describe just how the business functions on a continuing basis; for example the equipment, facilities and people necessary to generate your products and services.
As well as address how your products and services will be produced and distributed.
Find a small business attorney near you to learn more.
Not only will you encounter complex legal issues from time to time, but an attorney also can review your business plan, proactively help you comply with various laws and regulations, and help you avoid legal issues before they arise.