What Is A Business Plan?

Although a proper legal structure is very important for a startup business, there are many other considerations that are very likely much more important if the business is to be successful.

In particular, developing a business plan is often very important, even for those businesses that do not intend to raise outside capital. Though the term business plan is quite general and can have a myriad of different meanings, the term business plan often refers to a document that contains the following seven (7) sections, or some derivatives thereof:

  1. Executive Summary
  2. Company Description
  3. Market Analysis
  4. Market Strategy
  5. Marketing & Sales
  6. Organization & Management Plan
  7. Financial Plan

The following infographic contains a brief visual summary of each of the aforementioned sections and is by no means comprehensive.

4 Ways to Protect Your Intellectual Property

If you are interested in posting the infographic above to your site, please contact us via the form below.

This brief post is by no means comprehensive. Always seek the advice of a competent professional when making important legal decisions.

Contact Us

If you are a current client of this firm, please do not send confidential or otherwise sensitive information via this site. Further, if you are not an existing client of this firm, unsolicited emails containing confidential or sensitive information cannot be protected from disclosure as no attorney-client relationship exists.