How to Organize a Business Plan

Video Transcript

"Hello my name is Fj Cava and I have an MBA from San Francisco State University in entrepreneurship. I'm also owner of the Bayview Webspot here in San Francisco, California. Today I'm going to talk to you about how to organize a business plan. The business plan consists of actually six different categories. The first one is the executive summary which is no longer than two pages and a synopsis of everything that is said in the body of the business plan. Then there are four major categories called operations, management, marketing and finance. In the operations section you should cover everything you need to know about how the business is going to function. In the management section you cover all of the personnel and how you manage them, how much you are going to pay them and who they would be including their job descriptions, marketing, that section includes how you are going to market your goods and services that you are promoting to the general public and finally the finance section. In the body of the business plan you should be very short but the fifth section which is the appendix is where the actual financials should go. In the finance section you should talk about what your break even point is and when you think you are going to make money. Finally you should have credit and any addendums that need to be included. That's it, thank you."