What is a mini business plan?

User Avatar


Lvl 1
2006-04-09 17:45:08

Best Answer

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.

User Avatar

Wiki User

2006-04-09 17:45:08
This answer is:
User Avatar
Study guides

What are the feasibility study and define each

What are the principles of ergonomics

Who organizes manages and assumes the risk of a business or enterprise

Example of feasibility study for a business like soap making

See all cards
62 Reviews

Add your answer:

Earn +20 pts
Q: What is a mini business plan?
Write your answer...
Still have questions?
magnify glass
Related questions

How do you write a simple business plan?

The process of writing a business plan can be very overwhelming, that's why I hesitate to say that there is such a thing as a "simple" business plan. I would recommend writing a mini-plan, which is often referred to as an

What does a business plan look like?

Most often business plan looks like a mini book that holds the mission statement, profit goals, and marketing ideas of a business. The plan will include how the owners plan to organize the business, as well as the plans for success.

How do you transfer a business plan to an action plan?

How to transfer business plan to an action plan

Can you provide a simple comparison of a business plan vs a business model?

A business plan is an extensive plan the seeks funding; a business model is an operational business that functions in a cycle. Retailing is a business model. A plan for a new retail store is a business plan.

What is a macro business plan?

macro business plan

How much money does the mini storage business make annually?

how much to start mini storage business

Why is business planning more important than a business plan?

If you don't have a strategy for your business, you don't have a business plan. A business plan just conveys what you intend to do with your business.

What are the elements of a business plan?

set goals for the business marketing scheme purchasing plan legal set of the business.....these are the elements of a business plan

What do you need to be a business owner?

you need a plan of the business plan

Where can you find a logistic business plan?

= Trucking Business Plan =

What are the names of some business plan software?

There are a lot of software programs that focus on business plans. A small list of these are: Business Plan Maker Professional, Excel Business Planner, Palo Alto Business Plan Pro, and Live Plan Business Plan Software.

Is there software that can outline a business plan efficiently?

Yes there is software that can help you outline a business plan. It is called business plan pro and it runs about $79.95 to $179.95. It has various business plan templates and can save you time on getting your business plan ready.

People also asked