IT Industries Answer
A business plan is simply a plan looking ahead for an organization. Inside of plan includes allocating resources, the focus points of an organization and a preparation for problems and opportunities. Chose an organization which is widely known or on start up idea you have and
•Executive summary – mission, vision and goals of the organization
•Company overview – Company history and summary of locations or if a start up provide an overview of how the idea came to be and the need for the new organization
•Products and services – Product list and service description, outline the competition in the market, any technology which will or can be used and future products or services
•Market analysis & plan – Market segment the organization competing in (ex. Starbucks is in the specialty coffee market, but recently expanding in to a fast casual dining experience with the offering of sandwiches, etc), explain the value the product or service brings to the market and any marketing campaigning which meets the market’s needs.
•Management – Organizational structure and how many employees organization has
•Financial Statement – if an existing organization research if the organization has had a profit and explain from what you know above, why or why not, if start up explain all the costs associating with getting starting and how quickly you will have a profit, further how long before you can pay off your start up costs
•SWOT Analysis – Strengths, Weaknesses, Opportunities and Threats of the organization.