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Write a Business Plan

Developing Your Business Plan:

  • Executive Summary - a concise overview that highlights the most essential elements of your project plan
  • Business Description - a more in depth description of the business and its purpose
    • What do you do/create?
    • What is your vision?
    • What separates your from competitors?
  • Market Research & Competitor Analysis
    • What is the market demand?
    • Who is your target customer?
  • Conduct a SWOT Analysis - identify Strengths, Weaknesses, Opportunities, and Threats
  • Financial Projections - anticipated revenue, expense, and cash flow
  • Goals, Objectives, & KPIs
    • What are you trying to achieve?
    • Which metrics will determine success?

Resources:

Workflow chart step 1 Write a Business Plan

The information contained is for educational purposes.  The West Hartford Chamber is not responsible for the actions of individuals or organizations using this resource for guidance.

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