For a one-person, home-based consulting business the operating plan will be short and simple, but for a business such as a restaurant or a manufacturer that requires custom facilities, supply chains, specialized equipment, and multiple employees, the operating plan needs to be very detailed.
The Operating Plan Section of the Business Plan will provide you with additional information about your operating plan.
The executive summary should be no more than two pages long, with brief summaries of other sections of the plan.
See How to Write the Executive Summary of the Business Plan to get you started.
See The Marketing Plan Section of the Business Plan for a detailed description.
Product or Service Offerings This section describes the legal structure, ownership, and (if applicable) the management, and staffing requirements of your business.In this section, you need to demonstrate that you have thoroughly analyzed the target market and that there is enough demand for your product or service to make your business viable.The competitive analysis includes an assessment of your competition and how your business will compete in the sector.If using Windows, outline the text to be selected with the mouse and hit CTRL C to copy and CTRL V to paste.For a detailed description of each section of the plan, you'll want to refer to the Guide to Writing a Business Plan Step By Step.Pros of using a business plan template: A good business plan template can help you get your thoughts organized.It can provide a guideline so you’re not stuck looking at a blank page trying to figure out where to start.So, if you don’t already know what you’re doing with the numbers, the process of writing your business plan may not be that much easier with a template.Finally, merging data from Excel spreadsheets into your Word document is harder than it looks.Capping your plan at 30 pages should be sufficient unless you need to include photos of products, equipment, logos, business premises or site plans, etc.Potential money lenders and investors want solid research and analysis, not long, wordy descriptions.