State if your business is a new or existing company, as this affects the language of your plan. Investors can use this section to understand the core of your company, and it also gives you an opportunity to show your company’s potential and competitive advantages.
This section offers an overview of your business by describing its foundation and goals. Or, you can manually describe the industry your business falls under. The questionnaire lets you choose from the following: Start by stating your business’s industry. State the industry your business operates in The more detailed and in-depth your Business Plan is, the more helpful it‘ll be. While some of the information is optional, most of it can be useful. There are seven steps to creating your plan, covering all the different aspects of your business and how they interact. Your responses will be inserted directly into the plan, so use complete sentences and neutral language. When adding responses, ensure they are detailed and descriptive. Creating a custom Business Plan is easy with LawDepot’s template.
