Business Plan Background Information Marketing Plan Operating Plan Financial Statements

Elements of a Business Plan

Dec 17, 2012 By Rick Gossett

A well designed business plan is an important tool for a business, helping in the search for investors and lenders and in every management. Each company will have a different business plan, but there are a few common core elements that will make any plan more effective.

Small Biz Gems

“Nothing great was ever achieved without enthusiasm.” —Ralph Waldo Emerson
A lecturer, poet, and essayist, Ralph Waldo Emerson was the leading voice of the New England Transcendentalist movement of the mid-19th century, which valued insight over logic while also advocating for humanity’s inherent goodness. This revelation comes from the closing paragraph of “Circles,” a chapter in his 1841 book Essays, First Series.

“I insist on a lot of time being spent, almost every day, to just sit and think. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business.” —Warren Buffet

“I have not failed. I’ve just found 10,000 ways that won’t work.” —Thomas Edison

“You can’t ask customers what they want and then try to give that to them. By the time you get it built, they’ll want something new.” —Steve Jobs

Business Plan Background Information Marketing Plan Operating Plan Financial Statements

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