ENTREPRENEURSHIP

Detailed explanation-1: -The next part of a business plan is the business description. This component provides a comprehensive description of your business and its goals, products, services and target customer base.

Detailed explanation-2: -Your products and services section should include a description of the products or services you are offering or plan to offer (including future products or services).

Detailed explanation-3: -Executive summary Briefly tell your reader what your company is and why it will be successful. Include your mission statement, your product or service, and basic information about your company’s leadership team, employees, and location.

Detailed explanation-4: -The operations plan is the section of your business plan that gives an overview of your workflow, supply chains, and similar aspects of your business. Any key details of how your business physically produces goods or services will be included in this section.

Detailed explanation-5: -Also called a company description, your business description summarizes what your company does, its purpose, and what makes it unique. It’s a critical component of your business plan and immediately follows your executive summary.