If things are going well, your plan will help you think about how you can re-invest in your business. If you find that you’re not meeting goals, you might need to https://www.wikipedia.org/ adjust your budgets or your sales forecast. The plan should include an overview, and, if possible, details of the industry of which the business will be a part.
You’ll also look at where you stand among your competition , and lay out your goals and the milestones you’ll need to meet. Looking at an example business plan’s financials section can be helpful because you can see what should be included, but take them with a grain of salt. Don’t assume that financial projections for a sample company will fit your own small business. If you’re planning to pitch your business to investors or seek out any funding, you’ll need a pitch deck to accompany your business plan.
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