Creating a Business Plan Step by Step

Create a description of the competition for your products or services within your Target Market,including:

• Numbers of competitors
  
• Characteristics of your top 3 competitors
  
• Unique points of difference between you and your competitors
  
• The ways in which you will emphasize the difference between your products/services and those of your competitors, in terms of delivery, customer service, product differentiation, or other characteristics.

• Write a General Description of Your Business
• Include a Product/Service Plan
• Describe Your Target Market
• Include an Analysis of Your Competition
• Create a Marketing and Promotion Plan
• Create a Management Plan
• Create an Operating Plan
• Create a Financial Plan
• Prepare Personal Financial Information for Your Business Plan
• Create the Executive Summary