Questions that need to be answered:

• How does our company compare to leaders in its industry?

• What are our management weaknesses? How can we make improvements?

• How can we increase sales, serve the customer better, improve manufacturing efficiency, increase the gross ma

There are several uses for a business plan, and each requires the plan to be written somewhat differently:

You Need To Decide Whether To Start A Business Or Buy A Business. This plan will help you improve your chances for success and avoid making serious mistakes. You may be the only one who reads this plan, although you should have input from a number of other people with business experience. You need to ask yourself the following questions and incorporate the answers in your business plan:

• What does it take to succeed in this type of company?

• Do you have the skills and background necessary?

• Can you afford to take the risk? What effect would the business' failure have on you?

• What is the growth potential for the business? Can it meet your financial expectations and requirements?

• Is there a large enough market for your products/services?

• Will you enjoy owning and managing the business?

You Want To Better Organize Your Company or Improve Its Operations. This is a time and task oriented plan for use internally. It suggests actions that need to be taken and assigns responsibility. Questions that need to be answered:

• How does our company compare to leaders in its industry?

• What are our management weaknesses? How can we make improvements?

• How can we increase sales, serve the customer better, improve manufacturing efficiency, increase the gross mar

e only one who reads this plan, although you should have input from a number of other people with business experience. You need to ask yourself the following questions and incorporate the answers in your business plan:

• What does it take to succeed in this type of company?

• Do you have the skills and background necessary?

• Can you afford to take the risk? What effect would the business' failure have on you?

• What is the growth potential for the business? Can it meet your financial expectations and requirements?

• Is there a large enough market for your products/services?

• Will you enjoy owning and managing the business?

You Want To Better Organize Your Company or Improve Its Operations. This is a time and task oriented plan for use internally. It suggests actions that need to be taken and assigns responsibility. Questions that need to be answered:

• How does our company compare to leaders in its industry?

• What are our management weaknesses? How can we make improvements?

• How can we increase sales, serve the customer better, improve manufacturing efficiency, increase the gross ma

u have the skills and background necessary?

• Can you afford to take the risk? What effect would the business' failure have on you?

• What is the growth potential for the business? Can it meet your financial expectations and requirements?

• Is there a large enough market for your products/services?

• Will you enjoy owning and managing the business?

You Want To Better Organize Your Company or Improve Its Operations. This is a time and task oriented plan for use internally. It suggests actions that need to be taken and assigns responsibility. Questions that need to be answered:

• How does our company compare to leaders in its industry?

• What are our management weaknesses? How can we make improvements?

• How can we increase sales, serve the customer better, improve manufacturing efficiency, increase the gross ma

your products/services?

• Will you enjoy owning and managing the business?

You Want To Better Organize Your Company or Improve Its Operations. This is a time and task oriented plan for use internally. It suggests actions that need to be taken and assigns responsibility. Questions that need to be answered:

• How does our company compare to leaders in its industry?

• What are our management weaknesses? How can we make improvements?

• How can we increase sales, serve the customer better, improve manufacturing efficiency, increase the gross ma

Questions that need to be answered:

• How does our company compare to leaders in its industry?

• What are our management weaknesses? How can we make improvements?

• How can we increase sales, serve the customer better, improve manufacturing efficiency, increase the gross margin?

You Are Seeking A Bank Loan. This plan is used to inspire confidence in your banker and convince her/him that your business is a good credit risk. It is written very logically, with an emphasis on the financial projections and presentation of historical financial results. Bankers who make bad loans get fired, so they like to err on the side of caution. A banker is looking for safety and a demonstration that the company can generate sufficient cash flow to pay the interest and the principal. You'll need answers to these questions:

• Will the company's cash flow be stable enough to make the payments on the loan?

• Are the long term prospects of the business favorable?

• Does the company have a reasonably good track record?

You Want To Sell Your Business You must prove to a potential buyer that your company is worth paying a premium for. Sometimes this can be called a marketing presentation, offering memorandum, or valuation. It is not strictly a valuation, as you are trying to establish your sales price for the business, not determine a value. Usually a valuation is completed by an objective third party.