How to write a business plan proposal is an art. Let's discuss, what is a good plan and what to cover.
Introduction to Ideas
Information Management
This will involve information about the planned chain of command in your business and management hierarchy. It may also involve the names and designations of people in management along with details of their work experience in this type of business.
Marketing
This will obviously involve details of how you plan to persuade customers for your product. Provide a detailed plan and your marketing strategy, marketing targets and marketing budgets.
Financial Projection
This is a projected performance of your business, based on extrapolated market research. This should be a detailed report of the cost of revenues, profits, turnover, and operations. This should be a kind of expected future balance sheet, based on actual market data and research.
Financial Needs
This section is for the investor to whom you sell your business idea. This should include a detailed analysis of the total operating costs, marketing, salaries offered, purchases and other costs. You must specify a certain amount, which you need and expect from the investor and should also include profit sharing expectations.
