In
the next section of our business plan
(Part II) we cover the company overview.
This part really needs some loving care – if the reader gets past here -
we are well on our way!! A fail here
will put your business plan in the trash – especially if you are looking for
funding. This part needs to convey what
sold you on the business in the first place!
II.
Company Overview
Company Profile
Company Vision/Mission Statement
Past Accomplishments
This
is the place to set out the basics of your company and discuss your vision and
overall goals. This section tells the
reader who you are, what you are currently doing and where you plan to be in
the future. The main reason your company
exists (besides making money) is to provide a service or product to the
marketplace that will either meet a need/desire, fill/enhance a niche or solve
a problem – or perhaps all three.
The
company Profile should be two or
three paragraphs at most with a basic history of the company and the core
message of what the company does. You should include the basic structure of the
company and its core competencies. If someone reads these paragraphs they will
know who you are.
Next
in line is the Vision/Mission
statement. The mission explains the guiding theme of your company -what you do – I
provide X to Y in support of Z. The vision reaches into the future
explaining what the outcome might be. You can mention the
goals/milestones/objectives you have or “see” for the company in the future.
Now
we have Past Accomplishments this is where you get to tell the
story of the company. If you already have notable accomplishments they belong
here – we want to leave this section upbeat with either accomplishments or
highlights that demonstrate the successful side of the business.
In
the next section we get a little deep into Industry Analysis. Don’t worry – it is easy if you take it step
by step! We would love to hear from you – please feel free to leave a comment
or send us an e-mail – it will help us improve the information we offer. We won’t ever try to sell you anything –
promise!
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