Chapter 5
Develop a Business Plan

In Chapter 5, you learned about the importance of a business plan when starting a business. The U.S. Small Business Administration provides a web site to help you plan your business.

www.sba.gov

1. What should be included in the description of the business

2. When describing your product/service, what four questions should you answer?

3. What type of information should you gather about your competitors?