a month-by-month or week-by-week basis. How much time you think it’s going to take up and how much money you think it’s going to cost to execute.

Operations: Where will you be located? Home office or rented space? How will you get to your clients' places of business? Personal car or leased vehicle? Will you need to rent facilities from time to time for meetings, seminars, etc...

Finance: What capital do you need to start? Where will you get this capital? Where will you get additional capital during your first year in business?

Salary and Payroll: What are your expectations for your personal salary or drawings. Do you have to pay staff as well?

Expertise of principals: What makes you and/or your partners qualified? What kind of skills and experience do you bring to the table that will be of valuable to this venture and valuable to the clients you want to pursue?

The Bottom Line On Business Plan Outlines

Business plan outlines can be as detailed as you want. The most important aspect is that your plan outline covers off the basics. Make sure the plan outline you adopt allows you to answer the five W's and provides you with a plan for how you will start and operate your business.

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