Business Plans, what have I learned.

I have learned a lot in regards to a business plan. I had made the presentation on how to make a business plan. I have learned that a business plan is pretty straight forward. A business plan is important to have when wanting to start a business, it shows organization, professionalism, and, the willingness to start a business. A plan should not be more than 12 pages long. The most imporant and vital piece of information in a business plan is the executive summary of your plan. This piece includes the most imporant information that is needed for your plan. Most time when you present your plan to lenders and investors, this is most likely the only section that they read and use in refernce to making a decision for your business plan. I have learned that there are different types of formats of a business plan but basically the content of the business plan is the same. A good market plan could be used as arumentive piece to demonstrated that your business is a need and demand in your community. Financial informations is alos needed so that your lenders and investors have a sense of what is needed for business. I could go on and on what I’ve learned about bisness plan since I’ve was part of a group and researched and presented on how to create a business plan. I hope that the presentation was helpful and striaghtfoward for my fellow classmates.