Ten Things to Consider When Reviewing Your Business Plan

Once you have completed your business plan, it's time to review your work. Remember, writing your business plan is a significant step in making your small business concept a reality. Therefore, you

Your business plan should include:

1. All key sections: Executive summary, business overview, sales and marketing, management team, competitive analysis, and financial plan.
2. A table of contents.
3. All key points explained clearly.
4. Concise language, eliminating any extraneous material, hype, or repetitive statements.
5. Substantiated facts, such as current and accurate data and verifiable claims.
6. A clearly defined target market and realistic goals to reach this audience.
7. A clear competitive analysis presented in a manner to show how you will gain a competitive edge.
8. Financial projections that are neither overestimated nor underestimated in a time frame suitable for launching the business. Be conservative with your estimates.
9. Visible contact information on a cover page and at the end of the document.
10. Content that has been thoroughly proofread and checked carefully for spelling and grammar.