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How do I write a business plan? - International Trade Hub

How to Write the Perfect Business Plan

Making the right business plan is key to ensure the success of your project. That is why we provide you with a template to create your own plan.

How to write the perfect business plan: Thinking of starting a business? Here’s the best step-by-step template for writing the perfect business plan for your startup and if you still need extra help, at the end of the article you can download FREE templates.

To create a perfect business plan, you first have to keep in mind what are the important parts you need to assess:

Sections of a typical business plan:

  1. Executive Summary
  2. Overview and Objectives
  3. Products and Services
  4. Market Opportunities
  5. Sales and Marketing
  6. Competitive Analysis
  7. Operations
  8. Management Team
  9. Financial Analysis
At their core, business plans have 5 basic pieces of information. They include a description of your business, an analysis of your competitive environment, a marketing plan, a section on HR (people requirements) and key financial information. The following is an explanation of the 5 key elements to a business plan.
 
12 quick tips for writing a business plan
  • Don’t be long-winded. Use clear, concise language and avoid jargon. 
  • Show why you care. 
  • Provide supporting documents. 
  • Reference data. 
  • Research, research, research. 
  • Clearly demonstrate your points of difference.
  • Be objective in your research. 
  • Know the purpose of your plan.

Many people see writing a business plan as a “necessary evil” required to attract financing or investors. Instead, see your plan as a no-cost way to explore the viability of your potential business and avoid costly mistakes.

Download our free template and complete the data of your company, your project and if you want, write us so we can evaluate it.