List two elements found in a standard business plan

1 answer

Two elements found in a standard business plan are:

1. Executive Summary: This section provides an overview of the entire business plan, highlighting key information about the business, its objectives, strategies, and financial projections. It allows readers to quickly understand the business idea and its potential.

2. Market Analysis: This section analyzes the target market, including demographics, trends, competition, and customer needs. It provides an in-depth understanding of the industry and market conditions to identify opportunities, risks, and competitive advantages.