In this section you can describe the business and legal structure of the business.
You may want to consider the following points in preparing this section.
- Describe the business model (how the business function and how it will make money).
- Why will the business be successful?
- What is the existing or proposed legal structure – new generation cooperative, Limited Liability Company, corporation, etc.
- What is the organizational structure.
- Include any joint venture partners, subsidiaries, affiliates, or other important stakeholders.
- Describe your overall business strategy (ie. low cost producer, differentiated product, niche market, etc.). Will the company focus on growth of cash returns to investors).
- Describe any competitive advantage the business has over its competitors.
More information is available on Organizational Structure.
More information is available on Strategy.
More information is available on Legal Business Structures.