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Essential elements of startup business plan

  • Executive Summary: By definition, to summarize the elements of your business
  • Company Description: For identification, to introduce your readers to your company and your business concep
  • Industry analysis: To provide a picture of your industry and of the position of your business within the larger framework
  • Market and Competition: To evaluate what you are getting into. Its important to analyze both factors simultaneously
  • Strategies and Goals: To analyze the market and your competition in order to determine how and where your company or products or services fit
  • Products or Services: To describe your products or services and how they match your findings of your strategies and goals
  • Pricing structure of this product and whether you will have different prices for various markets.
  • Marketing and Sales: To market your products or services with the best positioning and to forecast your sales
  • Operations: To explain how the business is run
  • Financial Requirement: To present the type and amount of financing needed, based on the previous sections, to accomplish the whole plan

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