This post looks at a couple of critical areas relating to business plans. Even Industry sectors and all other industries like Aerospace & defence, Automotive, Banking & capital markets, chemicals, communications, education & non-profit energy, utilities & mining, engineering & construction, entertainment & media, financial services, forest and paper & packaging all have business plans.
The marketing and sales plan section of your business plan details how you plan to reach your target market segments (also called target marketing ), how you plan on selling to those target markets, what your pricing plan is, and what types of activities and partnerships you need to make your business a success.
A business plan is a written description of your business’s future, a document that tells what you plan to do and how you plan to do it. If you jot down a paragraph on the back of an envelope describing your business strategy, you’ve written a plan, or at least the germ of one.
Wix has partnered up with G Suite (basically Google’s Gmail for Business) to enable you to create custom email addresses directly within your Wix account, meaning you can pay for, setup and configure your email addresses right inside Wix’s dashboard.
Your company description should be a one- to two-paragraph overview of the business that gives the reader a clear picture of what your business is. There is no need to include information that will be discussed in the subtopics below (Ownership, Legal Form, Start-Up Summary and Location and Facilities).