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The Complete plan can range from 15 to 40 pages or more.Here you need to explain your business concept in detail to potential backers, strategic partners, or potential buyers of your company.Its organized system of pre-scripted sample business plan templates, flexible financial models, and proven Power Point presentation example can be downloaded as an app or accessed securely online where you can collaborate with your team and advisors.
Writing a business plan is a whole lot less trouble and expense than just plunging in and starting whatever new business you are thinking of starting - especially when you're not sure that your business idea is going to be a money maker.
It is used primarily by the management team, board of directors and your high-level professional advisors.
It’s excellent for focusing and aligning the efforts of key managers toward common company goals, and therefore should be updated at least annually.
A Summary plan is usually about 3-5 pages long and includes an expanded Executive Summary (generally 1-2 pages in length), a concise Financial Plan (usually 2-3 pages) and a few Supporting Documents, including your 5 year Income Statement, your 5 year Balance Sheet and your 5 year Cash Flows.
An Operational Business Plan is an important internally oriented document of your established company.