You need your business summary to be short, impressive and exciting to the reader, be clear and concise when it comes to explaining the reasons why your business could be unique. Identify those reasons and document them as your factors of success. Don’t forget to shed some light on your expected financial performance over the next five years, including details about expected Revenues, Direct Expenses, Gross Profit, Taxes, Depreciation & net Income.

A thorough market research will lead to you knowing the expected future of your desired business through calculating the market size, studying the customers behavior & following business trends.

After your define the demographics and physiologic of your targeted audience which the “ who “and the “where”, you will need to determine the “ what they need “. Which will lead to you drawing the selling techniques and strategies that aligns with your customers’ preferences. Don’t forget to shed some light on your expected financial performance over the next five years, including details about expected Revenues, Direct Expenses, Gross Profit, Taxes, Depreciation & net Income.

You need your business summary to be short, impressive and exciting to the reader, be clear and concise when it comes to explaining the reasons why your business could be unique. Identify those reasons and document them as your factors of success. Don’t forget to shed some light on your expected financial performance over the next five years, including details about expected Revenues, Direct Expenses, Gross Profit, Taxes, Depreciation & net Income.

A detailed plan of how to attract and attain new customers is set after the thorough study of your product features and benefits, Which will to accurate and realistic set of prices. In addition to detailed promotions and distribution plans.

Detail the key day-to-day product development processes that your company performs to serve customers, and then you will define the key milestones that your company expects to accomplish as you grow and when you expect to accomplish them.

This one of the critical steps of your plan, as no plan can succeed if the people working on achieving it are not qualified, organized, clear about their mission and who to report to. Divide your people into teams, clarify each team member with name, position and job description, this will allow you to determine if there is any team gap and will allow you to create a decision tree or a responsibility diagram.