How can I write professional business plan?

Quora User

Important sections for a business plan? I would say...

1. Research and Marketing Strategy

You present your case about the opportunity available and why you, your team and your business are going to be best positioned to take advantage of this opportunity. Do a SWOT (Strengths, Weakness, Opportunities, Threats) Analysis. 

2. Operations, Business Model, Law and Regulation

You detail how you make your money. Detail all items you need to run, as well as how you expect to generate revenue over a period of say a year, 2 years, 3 years and 5 years, if you can. Cover legal and regulatory requirements. 

3. Financials: Budgets and Projections

Detail what costs you incur over time and your projected returns over time. Generate the Balance Sheet and Profit and Loss Statements during those time periods. State the assumptions you are making. Justify why those are reasonable assumptions to make. 

If you need big capital and need to attract big investors, it would probably be good to do some financial analysis on those projections to help prospective investors compare your business as an investment with other alternative investments. 

Hope this helps.

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