Subsection of: Creating an Effective Business Plan
Adapted from content excerpted from the American Express® OPEN Small Business Network
In this section you will describe the current state of your product or service and your plan for completing its development. This is also where you familiarize your reader with how your product is created or your service delivered.
This section must include details of development costs, location and labor requirements. After furnishing this information, you will be asked to generate some financial forms, including operating expenses, cost of goods, and cash flow.
- Development Status
- Production Process
- Cost of Development
- Labor Requirements
- Expenses and Capital Requirements
| FAQ’s | Introductory Elements | Business Description | The Market |
| Development & Production | Sales & Marketing | Management | Financials |