Basic sections of a business plan, according to Duquesne’s SBDC, include:
- Executive summary
- Company structure
- Products and services
- Market analysis and strategies
- Production and operation plans
- Management
- Financing
Obviously, not every business needs every section, and some may require more.
So how long should your business plan be? Like most of the other steps of planning a business, there are no set answers. “We say that the business plan should be as long as it needs to be,” Hughes said. Most business plans, she said, are 10 to 15 pages, and take anywhere from a weekend to a year to write.”