A business plan is used to plan, manage, and communicate the objectives and business operations. According to the Small Business Administration in the United States, writing a business plan helps you plan the stages of growth and potential obstacles to growth. In addition, the business plan helps to track the progress of the business by setting benchmarks and timelines. A successful plan has the potential to return to potential partners, investors and lenders.
Executive Summary

The executive summary is a summary of its own business plan. This section summarizes some key pieces of information discussed in the body of the business plan. According to the Small Business Administration, some of the key pieces of information contained in an executive summary are the statement of business objectives, the names of the founders, location of the business, and investment products.
Market Overview

one of the main components of a business plan is an analysis of the market where the company plans to operate. The Small Business Administration recommends including an overview and outlook of the industry in particular, information about the niche market and an assessment of potential competitors.

Business Description

A description of the business is required to plan and explain the components that make a business work. For example, identify why they are in the business and you need the business to satisfy customers. In addition, spending a brief discussion on the process or technology to be used to produce and deliver products and services.
Organization and Management

The organization and management section includes the establishment of the structures of ownership and management necessary for the operation of the company. The organizational structure includes the legal framework that incorporates the business as a sole proprietor, partnership or corporation. It is also recommended to establish an organization to assign the management and operation functions.
Sales

Provide information on marketing strategies to be implemented to generate leads. It is advisable to clearly identify the marketing approach, including a penetration strategy, growth strategy, distribution and communication. If the company has a sales team, discusses the process of recruitment, training and compensation structures.
Product

The produce section of a business plan is to describe the product or service that the company plans to produce. We recommend writing product descriptions from the perspective of customers. This description should include the product a competitive advantage in the market.
Financial Analysis

The financial analysis shows the possible benefits or past performance. If the company is, a start-up includes reasonable projections of cash flows, capital expenditures and balances. If the business plan is for an established business, including financial data from previous years and expectations for the next 2 to 5 years.