This section explains the daily operation of your business, including its location, equipment, personnel and processes. 1.
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1. Production
How will you will produce your product or deliver your service? Describe your production methods, the equipment you'll use and how much it will cost to produce what you sell.
2. Quality control
How will you maintain consistency? Describe the quality control procedures you'll use.
3. Location
Where is your business located? You briefly touched on this in the Company Overview. In this section, expand on that information with details such as:
- The size of your location
- The type of building (retail, industrial, commercial, etc.)
- Zoning restrictions
- Accessibility for customers, employees, suppliers and transportation if necessary
- Costs including rent, maintenance, utilities, insurance and any buildout or remodeling costs
- Utilities
4. Accrediting boby
What accrediting body will govern your facility?
- Any licenses and/or permits that are needed
- The insurance coverage your business requires and how much it costs
- Any environmental, health or workplace regulations affecting your business
- Any special regulations affecting your industry
5. Personnel
What type of personnel will your business need? Explain details such as:
- What types of employees? Are there any licensing or educational requirements?
- How many employees will you need?
- What type of training is needed and how will you train employees?
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