Components of a Business Plan

Effective Business Plans

Effective business plans:

• Provide statements that are backed by evidence or data
  
• Include context and references with every table, figure, or illustration
  
• Include tables and financial information that is relevant, clear, concise, and exclude unnecessary material
  
• Present timelines for distinct purposes
  
• Exclude generic sections but have clear and customized to the particular business or its environment

Evidence-based claims strengthen your business plan.

Providing context for tables and figures is critical.