It includes the best and the latest technologies to stay current with new trends in business innovation and planning. It provides expert help from professionals who have valuable years of experience. It also contains real market research data, along with industry profiles on a number of industry verticals, that allow matching the numbers of your business or company with these pre fed and automatically integrated industry ratios that enhance the accuracy of the business plan.
Besides, your friends may be 100% behind you in your new venture, but, in case you are hoping to involve others who have actual money to invest, you may need to be able to make a convincing case. Wouldn't it be nice to have anticipated possible questions and be ready with plausible answers? If you are risking your own money, that is perhaps even a stronger reason to do some indispensable planning.
Cover Page - Show the name of the company, your name, and the date.
Production Operation - If a product must be manufactured, what is the process? Will the work be done on-site or subcontracted? Who are the subcontractor(s)? If on-site, what space, equipment, machinery, production employees are needed? What suppliers are needed? Who are they? How will quality be assured? What is the anticipated production output? What established credit lines do you have? Possible Data Sources: local Chamber of Commerce; yellow pages; trade associations.