| A | B |
|---|
| Business Plan | A written document that describes all the steps necessary in opening and operating a successful business |
| Executive Summary | Provides a snapshot or brief overview of the business plan. |
| History and Background | Describes how you came up with your business idea |
| Goals and Objectives | Describes your vision of where you want your company to be in the future |
| Product(s) or Service(s) you will offer | Describes the industry you will operate in and describes the location of your business |
| Sole Proprietorship | Single owner |
| Management and Staffing | Shows that you and the employees of your business are highly qualified to run the business |
| Sales and Marketing Plan | Tells who are your prospective customers are; how large is the market for your product or service;and how you plan to enter the market |
| Financial Plan | Identifies any risks associated with your business; current and projected financial statements based on projected revenues and expenses |
| Partnership | Two or more owners |
| Corporation | Unlimited number of shareholders |
| Small Business Administration | Governmental agency concerned with helping small U.S. firms and advocates for small businesses within the U.S. government and provides financial assistance in the form of loans |
| Chambers of Commerce | Supports local business owners by hosting training workshops |
| Young Entrepreneur’s Organization | global non-profit organization for today’s leading business owners |
| National Federation of Independent Business | largest advocacy organization representing small and independent businesses in the US |
