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Then evaluate your most popular and top selling products and use this information to determine what you stock.
Description of the business In this section, provide a detailed description of your business.
An excellent question to ask yourself is: "What business am I in?
" In answering this question include your products, market and services as well as a thorough description of what makes your business unique.
Remember, however, that as you develop your business plan, you may have to modify or revise your initial questions.
Use this model as a guide when developing the business plan for your business. The body of the business plan can be divided into four distinct sections: 1) the description of the business, 2) the marketing plan, 3) the financial management plan and 4) the management plan.
Addenda to the business plan should include the executive summary, supporting documents and financial projections.
This article was co-authored by our trained team of editors and researchers who validated it for accuracy and comprehensiveness.
Together, they cited information from 12 references.
It includes the name, address and telephone number of the business and the names of all principals.
In the description of your business, describe the unique aspects and how or why they will appeal to consumers.