Mba Business Plan

According to the Small Business Administration, the traditional business plan is the most common.

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If there are crucial elements of the business plan that take up a lot of space—such as applications for patents—they should be referenced in the main plan and included as appendices.

If there are any especially interesting aspects of the business, they should be highlighted and used to attract financing.

These tend to be much longer and require a lot more work.

Lean startup business plans, on the other hand, use a standard structure even though they aren't as common in the business world.

Financial statements, balance sheets, and other financial information may be included for already-established businesses.

New businesses may include targets for the first few years of the business and any potential investors.

The length of the business plan varies greatly from business-to-business.

All of the information should fit into a 15- to 20-page document.

Any information about research and development (R&D) can also be included here.

Financial planning: In order to attract the party reading the business plan, the company should include any financial planning and/or projections.

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