It doesn’t matter if this is your very first foray into small business or if this is your hundredth venture, both require planning. Executive summary page: Optional and usually beneficial, this should normally be no more than a page long (or it’s not an executive summary) – the key points of the whole plan including conclusions, recommendations, actions, financial returns on investment, etc., clearly readable in a few minutes.
Tailor it to your audience – Although you only need to write one business plan, you might need to adapt the master version slightly based on who’s reading it. For instance, lenders will be most interested in financial projections, and therefore, the copy for lenders might be adjusted slightly to highlight these projections.
There are no exact requirements or fixed size of a business plan: everything depends on your individual case, and you decide what should be included in it. It can be a one-page business plan or a big folder with lots of pages describing every small detail of your future business: as long as it is deliberate, size and particularity don’t really matter.
This includes a description of the nature of your home staging business, how you plan to start your company, a profile of the company owners, the location of your company headquarters (may be your home or a small office), and the facilities owned by your company.
Business plans typically include detailed information that can help improve the business’s chances of success, like a market analysis, competitive analysis, customer segmentation, marketing, logistics and operations plans, cash flow projection and an overall path to long-term growth.