<aside> 💡 Welcome to this template ! Here, you'll find the key elements to build a business plan. Feel free to visit my website, Makeur Journey, where you'll find plenty of interviews with successful entrepreneurs and resources like this one.
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The executive summary provides a concise overview of the most important elements of your business plan. We recommend writing it last, after you have completed drafting your overall business plan.
Tell the story of the project's origin : how did the idea come about and why ?
A brief statement outlining your business's purpose and the value it brings.
Describe your long-term goals and aspirations for the business.
Explain the demand for your product/service in the market.
Highlight key competitors and your competitive advantage.
Define the specific demographic, geographic, and psychographic characteristics of your audience.
The strategy you have chosen to enter your market and grow your business (the market segmentation, the positioning you have chosen in relation to your competitors)
What do you offer ? How is it unique ?
Define your ideal customers.
Outline the problem your business solves and how your offering addresses it.
Describe how you will price your product / service.
Outline how you plan to sell your product (online, in-store, etc.).
Provide an estimate of your sales for the next 1-3 years.
How will you promote your business ? (Social media, SEO, etc.)
Describe your tactics for selling to potential customers.
Explain how you plan to retain customers and ensure repeat business.
Marketing mix decisions you have made (product, pricing, distribution, and communication strategies) that forms your marketing plan.
Introduce key team members and their roles (Skills, Motivations, Situation, Training).
Mention essential resources required for operations.
Outlines the capital required to successfully launch the project under favorable conditions.
Estimate initial investment requirements.
Provide brief financial forecasts. It allows an assessment of the future profitability of the new business.