The Business Plan: Description of Proposed Business | Saylor University

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The Business Plan: Description of Proposed Business | Saylor University

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2c Evaluate the appropriateness of the different legal forms of business for various business contexts (CLO 3)

Sections of the Business Plan

Description of Proposed Business

Here, you present a brief description of the company and tell the reader why you're starting your business, what benefits it provides, and why it will be successful. Some of the questions to answer in this section include the following:

What will your proposed company do? Will it be a manufacturer, a retailer, or a service provider?
What goods or services will it provide?
Why are your goods or services unique?
Who will be your main customers?
How will your goods or services be sold?
Where will your business be located?

Because later parts of the plan will provide more detailed discussions of many of these issues, this section should provide only an overview of these topics.

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