A written document describing the nature of the business, the sales and marketing strategy, and the financial background, and containing a projected profit and loss statement A business plan is ...

6. Budget and Expenses. The final step of your plan should include a budget with operational expenses, monthly and daily expenses, marketing, and any debt related to the business.

Each component of your business plan depends on the others. While researching marketing, for example, you may realize that digital ads are more expensive in your industry than you realized.

A business plan explains what your business does now and where you hope to be in three to five years. ... You can check the background of Atomic Brokerage on FINRA’s BrokerCheck.

A business plan gives you a daily guide on how to run your gas station. ... Explain your background as an owner so investors know you've got the skills and experience to build a profitable station.

5. Prompt for a Consulting Business Plan. Prompt Example: “Create a business plan for a consulting firm specializing in digital marketing for small and medium-sized enterprises.

Preparing a franchise business plan doesn't need to be a complicated exercise, but it is important that the plan covers a number of key considerations: ... Your background, experience and skillset.