Business plan

A business plan is a detailed description of a business’ future. According to a common misconception, only startups need to develop business plans to entice investors and raise funds. That is not the case, as established businesses also need to understand their prospects, especially as new players enter the market and disruptive technologies alter the demand distribution. So when writing a business plan, you can work with established or up-and-coming companies alike. Consult your professor if you’re unsure which option is more appropriate for your assignment.

As you’ll notice in many a business plan essay example in our collection, an executive summary comes first. However, this section is impossible to write without completing the rest of the paper. Instead, you should start with a business description section. It can be detailed or vague depending on the word count requirements of the assignment. At the very least, you’ll need to include the company name, legal and ownership status, mission, and a short description of the services or products on offer. Starting with the company description will put you into the right frame of mind for completing the business plan, so it’s a perfect place to start. Still, if you’re more excited about a marketing strategy or a SWOT analysis, go ahead and start with those. Your primary goal should be hitting the word count; editing will come next.

Though it may seem counterintuitive, the executive summary is the critical part of a business plan essay. It’s a condensed version of all core issues discussed, and it’s the first thing your professor (or investor) sees. And the value of a good first impression cannot be overestimated. So leave the executive summary for last and take your time polishing it to perfection.

The answer depends on your professor’s expectations, so check out the rubric if it’s available. There is no one-size-fits-all structure every business plan essay example follows. Still, some commonalities run across the best pieces. The core sections include an executive summary, a company description, market analysis, product or service development and marketing plans, organizational and management structure, and financial projections. Most sections are interconnected, creating a logical flow if you are writing a business plan essay in this order. For example, you need to establish the market need for the product before you waste time developing it or calculating potential profits.

First, you need to wrap your head around what’s expected in an essay on business plan. For that, use the samples in our collection. Next, establish the basic structure and add subsections to the larger parts we’ve talked about above. For example, your development and marketing plans will probably benefit from a SWOT analysis, while the financial projections should include the expenses structure along with several potential revenue streams. With a clear outline in mind, start filling the paper with pertinent details and calculations. Some will require research, while others can be completely fictional. As you’re unlikely to complete the assignment in a single sitting, set up a writing schedule with interim deadlines to beat procrastination and increase the chances of completing the paper on time. And remember to edit, proofread, and format the business plan before submitting it for grading. Afraid you won’t be able to finish the paper on time for the submission deadline? Outsource writing to a seasoned academic guru and buy a business plan essay from SpeedyPaper. We guarantee it will be ready on time, even if you only have 24 hours.