There are some objectives or reasons to write a plan for business. _ It's a tool or equipment for obtaining financing _ This helps to unite joint venture partners in a common goal or destination _ It makes the whole business goals feasible to study and analyze _ It will serve as the blueprint for the debut business companies.
Who is the ideal customer for this product or service? Really, ideas for business are a dime a dozen. You often hear people talk about a great business idea they have, but they rarely back it up with any kind of proof that a customer exists for such a product or service, and that that customer would be willing to pay. Try to be specific in profiling your buyer. For example, does your product or service cater to men or women, or both? What age groups or income levels does it service/attract? Are there any geographical areas that your product or service would supply?