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3.0 Background of the Business

On this part you will give all the information about the business background. Click here for example of the background of business. Some of the item you will only fill when you finish on the financial part.

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Technorati Profile

Business Plan Objectives

2.0 BP Objectives

For objective part, the usual reason that listed in preparing BP is;

1. To explain in written form of your business idea to get the financial loan.
2. as a proof that business can be set-up (resources, management preferences)
3. As Your guideline/milestone of your business management (POLC)
4. BP as tool to forecast the possibility of problem/s in future and minimize risks.

FYI, POLC stand for management functions -Planing, Organizing, Leading and Controlling. When you send BP to bankers, they usually prefer for the summarized BP. (You Keep The Full version for yourself).

Introduction Of Business Plan

What points should In Your Introduction Part?

Important Point:
1. A brief summary about the industry that you involved
2. Local or community role - influences the product demand / supply
3. The external and internal environment of your industry.
4. You (owner) determination to achieved mission that you set.

It up to you how you going to arrange the points.

P/S: This Is based on SPUS BP Format.