It covers information like the history of your company, your founders, location, management team, number of employees, etc.
In other words, it’s everything about your company that you feel is relevant for an investor or anyone else on the outside looking in.
While a classic cup of coffee has, and will always be popular, brands like Starbucks and Caribou Coffee have dominated the industry for a number of years and have caused many mom & pop locations to close their doors.
Even with the international brands acting as competition, opening your own coffee shop can still be a lucrative venture as long as you understand what you’re getting yourself into and prepare yourself accordingly.
They are detailed and in-depth plans for growth and are typically made for external purposes so that companies are able to secure funding for their next ventures.4.
Strategic Business Plan Another notable business plan is a strategic business plan that provides an in-depth map of a company’s goals along with how they plan on achieving those goals.
A lean startup business plan will typically use a lot of visual aides like graphs and other tools that are useful for visualizing tradeoffs as well as other important facts regarding your company.3.
Growth Business Plan If you have already started your coffee shop and are looking for a way to secure investment so you can further your growth, a growth business plan may be a good fit for your organization.
Executive Summary First and foremost, your business plan will need an executive summary that will serve as an introduction and will let everyone know what your goals are for the document ahead.
In other words, it is a summary of your entire business plan and its purpose is to give readers a brief idea of the topics you plan on touching on.