A business plan is a living, breathing document that depicts the details of your business. It includes all aspects like what kind of products or services your business deals with, how will you sell your products, how will it be structured, what the market looks like, how do you plan to sell the product or service, what sources of funds you need, what your financial projections are and what are the documents required for your business. A business plan gives you a clear glimpse of whether your business idea is worth pursuing or not. A business plan must be short and flexible so that you can make minor changes as per the changing business environment.
The following steps will help you to construct a perfect business plan.