Develop a Business plan that can be run from home during COVID- 19

Process for developing your business plan

This section presents the steps for developing your business plan. This is the basic information that you will be required to provide to lenders and investors and is the minimum youll need to operate your business effectively. Read each step and complete the tasks outlined in each. Then, depending upon the nature of your business, you must add further information that may prove valuable to potential investors and lenders.

Following is a nine-step process you can use to develop your business plan.

5. Begin the Plan with an Executive Summary
6. Describe Your CompanyBusiness Name and Logo, Goals and Objectives
7. Analyze Your Market and Determine Your Marketing Strategy
8. Describe Your Product/Service and How They are Produced
9. Describe Your Management Organization
10. Describe Your Operations
11. Summarize Your Financial Needs
12. Outline Your Plan(s) for the Future
13. Other Considerations