How to make an effective business plan

Entrepreneur members get how to make an effective business plan to exclusive offers, events and more. Start the opportunity chapter by describing the problem what is the problem solving process you are solving for your customers. Positioning is how you will try and present your company to your customers. The first part of your marketing and sales plan is your positioning statement. This needs to be more than mere guesswork and involves doing accurate and intelligent research. Choose a winning strategy. I need to be better prepared to undertake writing this plan. Should you patent your invention? Are you an LLC? Is it important to write a business plan for a small business even if financial support is not really needed?