How to Write the Company Background in a Business Plan
In a traditional business plan, your company background (also called the "company description") follows the executive summary. Sharing the origin of the idea is valuable because it shows how you think and how you were able to take an idea, craft it into something more detailed, and ultimately build a business out of it.
Project Background Definition and Writing Tips
The background is one of the key characteristics of a project to explain why to initiate the project, what prerequisites are, and what results are supposed to be obtained at the successful implementation. The background of a project is very important, especially when the project is being done for the first time and there is no previous experience to draw upon.
How to Write Your Company History (With Examples)
Business plans. Use a corporate history to provide important background in business plans and proposals. Potential lenders, investors and partners benefit from knowing how a company has grown and changed over the years. Employee handbooks. New employees should know the legacy of the company they're coming to work for.
Writing a Business Plan: Company History
The company history explains the background of your company and the people involved in managing and operating your business. This section provides the reader with information as to how you came up with the idea for the product or service you are selling as well if you have the drive and expertise to make the business thrive.
How to Write a Company Overview + Examples
Company history. Your company background or history is the "Once upon a time…" of your business plan. At a minimum, you should include: When it was founded; Who was involved; Major milestones up to this point; The details in this section will vary depending on who this business plan is being presented to and the stage of your company.
The Business Background: (Portion of a Business Plan)
Your business plan spells out your company's origins, history, mission, and vision, among other things. One of the most crucial portions of this document is the Business Background that allows you to tell clients how you can up with the idea for your business and why you are uniquely placed to solve the pain points that your brand addresses.
How to present your company's history in your business plan
The company history section also helps build your business plan's credibility by showcasing that you have been in business for a long time, and by demonstrating your business's track record and ability to execute and deliver growth over a sustained period of time.
Business Plan (How to & Samples)
A business plan is "a guide—a roadmap for your business that outlines goals and details how you plan to achieve those goals ... Business Description: Provide background information about the company including brief history of the business and list of ... SBA's Business Plan Template) Finding Sample Business Plans. Business Plans Handbook ...
example of a business plan
EXAMPLE OF A BUSINESS PLAN. Background and History. Marianne and Keith Bean have been involved with the food industry for several years. They opened their first restaurant in Manila, Philippines in 2018. Although praised for the quality of many of the items on their menu, they have attained a special notoriety for their desserts.
9 Business Plan Examples to Inspire Your Own (2025)
7 business plan examples: section by section. The business plan examples in this article follow this template: Executive summary. An introductory overview of your business. Company description. A more in-depth and detailed description of your business and why it exists. Market analysis. Research-based information about the industry and your ...
COMMENTS
In a traditional business plan, your company background (also called the "company description") follows the executive summary. Sharing the origin of the idea is valuable because it shows how you think and how you were able to take an idea, craft it into something more detailed, and ultimately build a business out of it.
The background is one of the key characteristics of a project to explain why to initiate the project, what prerequisites are, and what results are supposed to be obtained at the successful implementation. The background of a project is very important, especially when the project is being done for the first time and there is no previous experience to draw upon.
Business plans. Use a corporate history to provide important background in business plans and proposals. Potential lenders, investors and partners benefit from knowing how a company has grown and changed over the years. Employee handbooks. New employees should know the legacy of the company they're coming to work for.
The company history explains the background of your company and the people involved in managing and operating your business. This section provides the reader with information as to how you came up with the idea for the product or service you are selling as well if you have the drive and expertise to make the business thrive.
Company history. Your company background or history is the "Once upon a time…" of your business plan. At a minimum, you should include: When it was founded; Who was involved; Major milestones up to this point; The details in this section will vary depending on who this business plan is being presented to and the stage of your company.
Your business plan spells out your company's origins, history, mission, and vision, among other things. One of the most crucial portions of this document is the Business Background that allows you to tell clients how you can up with the idea for your business and why you are uniquely placed to solve the pain points that your brand addresses.
The company history section also helps build your business plan's credibility by showcasing that you have been in business for a long time, and by demonstrating your business's track record and ability to execute and deliver growth over a sustained period of time.
A business plan is "a guide—a roadmap for your business that outlines goals and details how you plan to achieve those goals ... Business Description: Provide background information about the company including brief history of the business and list of ... SBA's Business Plan Template) Finding Sample Business Plans. Business Plans Handbook ...
EXAMPLE OF A BUSINESS PLAN. Background and History. Marianne and Keith Bean have been involved with the food industry for several years. They opened their first restaurant in Manila, Philippines in 2018. Although praised for the quality of many of the items on their menu, they have attained a special notoriety for their desserts.
7 business plan examples: section by section. The business plan examples in this article follow this template: Executive summary. An introductory overview of your business. Company description. A more in-depth and detailed description of your business and why it exists. Market analysis. Research-based information about the industry and your ...