If you didn’t incorporate enough facts about your products and services into your company description (since that section is meant to be an overview), it might be a good idea to include extra information about them in a separate section. Whoever’s reading this portion of your business plan should know exactly what you’re planning to create and sell, how long your products are supposed to last and how they’ll meet an existing need.
It’s a good idea to mention your suppliers, too. If you know how much it’ll cost to make your products and how much money you’re hoping to bring in, those are great details to add. You’ll need to list anything related to patents and copyright concerns as well.
In your business plan, it’s important to describe how you intend to get your products and services in front of potential clients. That’s what marketing is all about. As you pinpoint the steps you’re going to take to promote your products, you’ll need to mention the budget you’ll need to implement your strategies.
Below please follow the format to list ALL your Products, Services, Description, and Benefits.
Product Name:
Product / Service Description / Benefits:
Product / Service Price:
The following is a list of tactics you might use to attract new customers.
Check the box next to each tactic you use / will use.
Briefly explain how you will use each tactic, using the following writing format.
Example:
Banners and/or Billboards:
We will use online banners for promtion of our products. These banners will be branded consistently with offline roadside banners and billboards.
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