ENTREPRENEURSHIP

Detailed explanation-1: -It allows the main body of the plan to read as a cohesive document that focuses on each aspect of your business without getting bogged down with numbers and implicit details. While researching and writing your business plan, it is likely that you have gathered, or accessed, a significant amount of information.

Detailed explanation-2: -The appendix of a business plan is the place to include any additional documents that you want to use to give your reader a feel for your product, marketing, services and so on.

Detailed explanation-3: -The 3 most important purposes of a business plan are 1) to create an effective strategy for growth, 2) to determine your future financial needs, and 3) to attract investors (including angel investors and VC funding) and lenders.

Detailed explanation-4: -It may include a table of contents, company background, market opportunity, management overviews, competitive advantages, and financial highlights.