For a business idea of your own, prepare a Business Plan covering the following topics:
? Executive Summary
? Industry, Target Customer, and Competitor Analysis
??Company Description
??Product/Service Plan (A section of the business plan that describes the product to be provided and explains its merits)
??Marketing Plan (A section of the business plan that describes the user benefits of the product or service and the type of market that exists)
??Operations and Development Plan (A section of the business plan that offers information on how a product will be produced or a service provided, including descriptions of the new firm’s facilities labor, raw materials, and processing requirements)
??Management Team (A section of the business plan that describes a new firm’s organizational structure and the backgrounds of its key payers)
??Critical Risks (A section of the business plan that identifies the potential risks that may be encountered by an investor)
??Offering (A section of the business plan that indicates to an investor how much money is needed and when, and how the money will be used)
??Exit Strategy (a section of the business plan that focuses on options for cashing out of the investment)
Financial Plan(A section of the business plan that projects the company’s financial position based on well-substantiated assumptions and explains how the figures have been determined. Pro forma statements are projections of a company’s financial statements for up to five years, including balance sheets, income statements, and statements of cash flows, as well as cash budgets.
??Appendix of Supporting Documents Could include assumptions underlying the project Résumés of the management team

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