The purpose of this document is to analyze the different components of a business plan. Each part will be described in a brief overview, with particular attention to specific sections. The Small Business Association outlined each of the documents that make up the proposal on its website. This guideline provides accessibility and reference for companies to create their own roadmap. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay An important document that any company must include in its business plan is an executive summary. This component informs readers about what your company does, where it plans to go, and what will make the company successful. The content of this short description varies depending on the stage of the activity. A well-established company would include its mission statement; explain what the company does and represents. The executive summary would also contain financial information such as current investors and growth/profit growth each year. A new venture, on the other hand, would describe the decisions and background that led to starting the new company, as well as the experience of the owners. This information is intended to show potential investors why the company would be successful in its target market. Another key aspect of a business plan is the company description which looks at different aspects of a business. This is where a company will explain in which market its services or products will fill a need. Typically, after the company description there is a market analysis that describes the industry and target market for your business. This is where a company will describe its strengths, weaknesses, and other components of the competitive landscape within its target market. Next, the company will explain its organizational and management structure, which is an overview of the company's internal hierarchy. This includes a detailed description of the owner and management team, with resumes for reference of experience. An extremely important part of a business plan is a company's service or product line that explains their product or service and the benefits consumers will get from it. This section provides specific examples of how the company's product or service will meet customer needs and why it replaces competing products or services. Two important details to include in your service or product line are its lifecycle length, as well as any copyrights or patents obtained or still pending. Along with copyright and patent information, it is imperative that a company lists all legal agreements that need to be acknowledged by the public. Following the service or product line, a company should state their implemented marketing and sales strategies to ensure the success of their business. This information includes detailed explanations of marketing, growth, distribution plans as well as strategic sales force and sales activities. Most businesses seek funding from a variety of investors and, therefore, must specify in the funding request the purpose for which this money will be used. Information listed in this section includes current and future funding requirements, intended use of money to remain transparent with potential investors. One of the last elements to include in a business plan is financial projections, this is the opportunity for a business to demonstrate its current fiscal figures and projected projections for the next..