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What is a mini business plan?

Updated: 9/11/2023
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Crystal

Lvl 1
18y ago

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Often referred to as an "enhanced executive summary", the mini business plan consists of one to 10 pages of planning information. Frequently, the mini-plan discusses the overall business concept, financing needs, marketing and sales strategies and almost always includes financial statements. This is a great way to introduce your company to prospective investors, lenders or potential business partners. If the mini-plan generates interest, you can then present the more detailed plan. Keep in mind that mini-plans should never be a substitute for a full-length plan, especially when seeking financing.

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