COMPONENTS in BUSINESS MODEL

• Introduction

  • this part discusses what is the business plan all about
• Executive Summary

  • part of the business plan which is the first to be presented but the last to be made
• Management Section

  • shows how you will manage your business and the people you need to help you in your operations
• Marketing Section

  • shows the design of your product/service, pricing, where you will sell and how you will introduce your product/service to your market.
• Financial Section

  • shows the money needed for the business, how much you will take in and how much you will pay out
• Production Section

  • shows the area, equipment and materials needed for the business
• Competitive Analysis

  • the strategy where you identify major competitors and research their products, sales and marketing strategies.
• Market

  • The persons who will buy the product or services
• Organizational chart

  • the diagram showing graphically the relation of one official to another, or others of a company.