Hair extensions brand Luxy Hair has a blurb on its About page that could easily be repurposed as a company description for its business plan. You can also repurpose your company description elsewhere, like on your About page, Instagram page, or other properties that ask for a boilerplate description of your business. Whether you’re the sole full-time employee of your business or you have contractors to support your daily workflow, this is your chance to put them under the spotlight. Which business sector do you operate in? The answer might be technology, merchandising, or another industry. This section outlines how you registered your company -as a corporation, sole proprietorship, LLC, or other business type. Talk about your past experiences and skills, and how you’ve combined them to fill in the market.
Are you a manufacturer, wholesaler, or retailer of your products?
Mention the general category of business you fall under. You might go more in-depth with your company description and include the following sections:
In ThoughtCo’s sample business plan for a fictional company called Acme Management Technology, the executive summary is three paragraphs and occupies nearly half the page: You’ll want to include a brief description of your company, market research, competitor analysis, and financial information. Your executive summary offers a high-level overview of the rest of your business plan. In this section, you’ll find hypothetical and real-world examples of each aspect of a business plan to show you how the whole thing comes together. If you’re looking for funding, here’s the place to discuss your request and needs.ħ business plan examples (section by section)
Executive summary: A quick overview of your business and the contents of your business plan.We’ll look at seven business plans that are structured using a seven-part template. 7-part template for business plan examples
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