Once you have identified the need for a business plan, the next step is to create one. Business plans come in many different designs varying by format, topics covered, order of topics, level of detail, and length. Each type of design serves a unique purpose for the plan, such as a request for funding, market investigation, operational need analysis, growth analysis, or competitive advantage investigation. However, most business plans include a basic structure that can be modified to be more or less elaborate depending on the needs of your business. ....................................................................................... A basic business plan outline helps you to answer some common questions that arise during the writing process.:::::::::::: What information should be included in the business plan? Should the information be grouped into basic sections? How should the sections be arranged or ordered within the business plan? ........................................................... An outline provides a blueprint to follow when creating your own business plan. It saves you time when getting started and provides you with a foundation to build upon as you customize the plan for your business needs. ........................................................ The outline of a business plan serves as a template for creating a tailored business plan suited for your business. Below are the eight information sections included in a typical business plan. Each section should be listed in sequential order, as they should appear in your final business plan. .............................................. A basic small business plan outline includes eight sections, listed below in sequential order:::::::: Executive Summary Company Information Product and/or Service Market Analysis Strategy and Implementation Web Plan Management Team Financial Analysis Please create and write your own business plan outline. .............................................................................................. There are several tips you should follow to guarantee success when creating a business plan: Do not worry about the length of your business plan. Provide just enough information to answer your audience’s questions. Write the executive summary last. Consider using business plan software or a template to save time, energy, and money. Use plain English and be very clear and concise in your writing, Use points, bullets, and tables, Never use a foreign phrases, scientific words or jargon, Never use pronounces such as “I”, “You”, “We”, or “They” Beware of common grammatical mistakes, like subject-verb agreement, Follow the APA referencing method. Visit: APA Quick Reference Guide. Assignment may include at least 1 peer-reviewed journal articles reviews. Reference all sources using APA format. Follow the 300 to 450 words count +/-10% (excluding references, but including citations). Use Microsoft Word format. Use double spacing and 12p font size. Submit by the due date and time. Any late assignment will be subject to a letter grade reduction unless an extension has been negotiated with the professor prior to the due date.