Business plan
A business plan is a document that clearly describes a business idea.
It contains the business goals and the strategies to achieve them. The business plan also contains contextual information.
It typically includes:
- Executive Summary
- The founders
- The business idea: product or service
- Market and competition
- Marketing
- Organizational structure and employees
- Legal form
- Risks and opportunities
It makes totally sense to have a business plan read through by different people and to get feedback on it. Also, the group of people who will buy the product or service should be asked in detail and prototypes should be tested first.
