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This is where you go into detail about who you are as a business and why your business matters.
This part runs for 1-2 pages maximum and is written after the business plan has been finished.
If you're stuck, just answer the following questions: The company description chapter gives your reader everything they need to know about your business.
Writing a business plan can seem like a daunting task, especially if you don’t have a background in finance or business.
It gets even more complicated when you realize that there isn’t just one format to follow.
Even though business plan templates can make your writing process much easier compared to starting from scratch, they aren’t an all-in-one solution to your business planning concerns.
There are still a few challenges you’ll have to face when using a business plan template instead of planning software.
There are tons of business plan templates online that you can use to speed up the process and make it much easier.
Here are some of the reasons you should use a business plan template.
The information you place here will help your reader understand how your business will perform compared to your competitors.
This section will especially come in handy when you are crafting your marketing and sales plan later on.