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Web Site: http://www.dalcomcapital.com
61 North Plains Industrial Road, Suite 206, Wallingford, CT 06492
Tel: (203) 543-0307

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5 Components of a Good Business Plan

December 14, 2022

If you've been thinking about starting your own business, you've probably realized how tricky and complex the planning process can be. It's not just as simple as writing out what you have planned for your business. In fact, it requires much more than that.

From market research to a sales strategy, a solid plan for your business requires a lot of time and effort to develop. Here are just a few of the essential components of any good business plan.

Executive Summary The very first component of your business plan will be your executive summary, which is where you'll summarize your intentions and expectations. Your summary should include your mission statement, a brief description of your products, and a bit about your experience in the industry. Your products and services will be further broken down in a later section.

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