Updating Your Business Plan for 2023 Part 10 - The Appendix

 

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Updating Your Business Plan for 2023 Part 10 - The Appendix
Written By: June Bachman ~ 1/27/2023 9:00:00 AM

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Updating Your Business Plan for 2023 Part 1 - Getting Started

Updating Your Business Plan for 2023 Part 2 - Executive Summary

Updating Your Business Plan for 2023 Part 3 - Company Description

Updating Your Business Plan for 2023 Part 4 - Products and Services

Updating Your Business Plan for 2023 Part 5 - Marketing Plan

Updating Your Business Plan for 2023 Part 6 - Operational Plan

Updating Your Business Plan for 2023 Part 7 - Management and Organization

Updating Your Business Plan for 2023 Part 8 - Financial History & Analysis

Updating Your Business Plan for 2023 Part 9 - Financial Plan

 

Don’t slow your readers down by cluttering your business plan with supporting documents, such as contracts or licenses. Instead, put these documents in the Appendices, and refer to them in the body of the plan so readers can find them if needed.

Below are some elements many business owners include in their Appendices.

  • Agreements (Leases, contracts, purchase orders, letters of intent, etc.)
  • Intellectual property (trademarks, licenses, patents, etc.)
  • Resumes of owners/key employees
  • Advertising/marketing materials
  • Public relations/publicity
  • Blueprints/plans
  • Maps/photos of location
  • List of equipment
  • Market research studies
  • List of assets that can be used as collateral
  • Documents supporting your financial history

You can also include any other materials that will give readers a fuller picture of your business or support the projections and assumptions you make in your plan. For instance, you might want to include illustrations or photos of a product you are patenting or charts showing the projected growth of your market.

After reviewing the Appendices, the reader should feel satisfied that the assumptions throughout the plan are backed up by documentation and evidence.


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