Criteria for a good business plan

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Now that you understand why you need a business plan and you've spent some time doing your homework gathering the information you need to create one, it's time to roll up your sleeves and get everything down on paper. The following pages will describe in detail the seven essential sections of a business plan: what you should include, what you shouldn't include, how to work the numbers and additional resources you can turn to for help. With that in mind, jump right in. Within the overall outline of the business plan, the executive summary will follow the title page. The summary should tell the reader what you want.
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A Business Plan Checklist: Key Questions To Answer

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10 Essential Content of a Business Plan

The business location of your establishment is where customers evaluate and ultimately receive your product or service. While this may not matter much for people who work virtually, or who run a business that drop-ships from a third party, location is critical for restaurants, retailers, and many service businesses. Ironically, while "place" is often the most permanent of the four P's , it's also often the most overlooked, which is why finding the right location for your business can make a huge impact on its performance. Finding a place for your business is about more than just choosing a building. You also need to consider the location.
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What to Include in Your Business Plan

What is a business plan? How do I write a business plan? Where can I find suitable business plan templates?
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Whether you're an investor, an entrepreneur or a business skills teacher, you'll be exposed to a wide variety of business plans and should have a solid, somewhat standard approach to conducting a business plan assessment. Analyze each section individually, and then look at the plan as a whole to determine the viability of the business and the likelihood of its success in the manner proposed. Also consider the writing skills and attention to detail that went into formulating the plan. The first step in a business plan assessment is reading the business' executive summary. This should be a concise "elevator pitch", not a summary of the business plan.
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