Executive summary This is an overview of your business and your plans.
In fact, your company may not be even profitable for the first couple of years. Milestones are planned major goals.
Sourcing and fulfillment: Do you rely on other vendors to provide your product or service? This section is really only required for enterprise large companies that have very few customers.
Most businesses are required to collect sales tax on the goods or services they provide. Know your audience Write your plan using language that your audience will understand. Two of the simplest steps that will protect your business, and yourself, are to: Open a business bank account This separates your personal assets from your company's assets, which is necessary for personal asset protection.
The rest of this article will delve into the specifics of what you should include in your business plan, what you should skip, the critical financial projections, and links to additional resources that can help jump-start your plan.