{Photo by frippy.}
Its our last post in the Business Plan Challenge! We know a number of you are following along and writing as we go. At this point you have the bulk of your plan completed. Congrats!
After all that hard work, we have a few tips on how to present your Business Plan in a professional manner:
Use a staple, not a folder - It's important to put your best foot forward when presenting your business to a bank, but use a simple staple to keep your plan together. A folder creates more bulk and can become a nuisance instead of a benefit to the reader.
Title Page - The first page of your business plan should include the name of your business and your name and contact information. It should also state the date the plan was created or updated and copyright information.
Table of Contents - Located after the Title Page, a table of contents is included for the reader to easily flip to important sections.
Financial Statements - Your prepared Financial Statements are attached at the end of your business plan. They can be printed off as spreadsheets but need to be numbered and included in the Table of Contents.
Appendix - The appendix is optional, but it can be used to include outside information that supports your business case. For our Business Plan we included a few articles from respected publications that supported and clarified our business idea. The Appendix should be no more than 10 pages and is numbered and included in the Table of Contents.
We wish you luck with your business and writing your plan!
We've been working away behind the scenes on our retail shop, and we'll be back soon to talk retail with you!
Lili Nedved and Henry Sinha are opening a brick and mortar retail store
in Vancouver, Canada. With lots experience staying up late and working
on Lili’s handbag business, iglubu,
Henry was recently promoted from an Electrical Engineer to Director of
Fabric Organization. Lili hopes her Finance degree will give her the
edge in the competition for Employee of the Month.
