What are the basic elements that need to be included in a business plan for an online business services business?

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Lynnette Wofford eNotes educator | Certified Educator

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A business plan that you prepare for investors or to guide your development of a business must includes all the major elements of what will make the business operate.

It should include complete financial data, including operating expenses, income, reserves, payables, receivables, and taxes.

Next it should detail the products and services on offer, and the physical plant, supplies, staffing, and other elements necessary to provide these.

It should also include a market analysis. What is the competition in your geographical area? How do you expect to attract business? What is your...

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