What are the key elements to include in a business plan?

[Shortie]

When it comes to creating a business plan, there are some key elements that you should include before taking steps to start your business. Depending on the kind of business you are starting up, there will be different key elements to consider. 

Of those of you who have started up your own small business, what key elements would you advise others to consider when writing up a business plan?

[Warren]

A business plan should include an executive summary, company description, market analysis, and organizational structure. Outline your product or service, marketing and sales strategies, and financial projections. Include funding requirements, operational plans, and a risk analysis. These elements provide a comprehensive roadmap, guiding business development and attracting investors.

[Rojina]

In my business plan, I include an executive summary and a company description to define my business and its context. I add a market analysis to understand my target market and competition. Key elements also include my organizational structure, product or service details, marketing and sales strategies, and funding requests. Financial projections and an appendix for supporting documents round out the plan, providing a comprehensive and strategic framework for growth.