Writing Skills:. Subscribe to our FREE newsletter and start improving your life in just 5 minutes a day. A business case is intended to convince key decision-makers of the merits of a particular course of action. It is a key part of your project documentation: if a project brief describes what needs doing, and a project plan explains how, the business case sets out why. A good business case will explain the problem, identify all the possible options to address it, and allow decision-makers to decide which course of action will be best for the organisation. It will also allow any changes to the scope or time-scale of the project to be assessed against the original purpose.
How to write a business plan: Free template, tips, and examples
Free Business Plan Template for Word and Excel
Whether you've put together a business plan or an investment proposal, you're going to need an executive summary to preface your report. The summary should include the major details of your report, but it's important not to bore the reader with minutiae. Save the analysis, charts, numbers, and glowing reviews for the report itself. This is the time to grab your reader's attention and let the person know what it is you do and why he or she should read the rest of your business plan or proposal. The executive summary is also an important way for you, as the entrepreneur, to determine which aspects of your company have the clearest selling points, and which aspects may require a bit more explanation. Akira Hirai, founder and CEO of Phoenix-based Cayenne Consulting, a firm that helps entrepreneurs develop business plans and financial forecasts, says the process of distilling the essence of your business down to a page forces you to think hard, decide what's important, and discard things that aren't essential to the story line.
It only takes a minute to sign up. Connect and share knowledge within a single location that is structured and easy to search. I have a document which requires many levels of sectioning. I have sections, subsections and subsubsections, but require one more level below that.
Depending on what kind of business you'll be operating, it may also include information about inventory requirements, suppliers, and a description of the manufacturing process. Keeping focused on the bottom line will help you organize this part of the business plan. Think of the operating plan as an outline of the capital and expense requirements your business will need to operate from day to day. Remember, your goal for writing this section of the business plan is to demonstrate your understanding of the manufacturing or delivery process for your product or service.