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Regardless of the specific reason, the underlying goal of preparing a business plan is to insure the success of the business. Financial Data (1) Loan applications (2) Capital equipment and supply list (3) Balance sheet (4) Break-even analysis (5) Pro-forma income projections (profit & loss statements) * Three-year summary * Detail by month first year * Detail by quarters, second and third years * Assumptions upon which projections were based (6) Pro-forma cash flow * Follow guidelines for (5).
Here are the main reasons why a business plan should be prepared: Below is an outline for a simple business plan format. Writing The Business Plan - What It Includes What goes in a business plan? And, one that many new and potential small business owners should ask, but oftentimes don't ask.
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