Published at Wednesday, May 09th, 2018 - 08:03:47 AM. Template. By Erna Vega.
Here is where you outline your idea in a nutshell and provide a brief business model as to what your idea is. It is almost like a miniature version of your Business Plan and although is the first component, it is very often the last section that gets written. A summary of what the main components of your plan are.
Business strategy: If the business objective defines what you want to achieve, business strategy defines how you are going to achieve it. Whether this strategy involves sales and marketing plans or production and quality standards or a mix of several different strategies, you need to be able to demonstrate that the objective is achievable through the implementation of your chosen methods. The financial section of the business plan is the demonstration of your success.
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