To generate income rapidly for your company, there are a number of points to consider. The customer group is important. The competition landscape is a major consideration. And you need the appropriate business place with adequate parking and expansion space. You have to look at the local labor pool for office and other staff, check on the availability of services such as printing and mailing, etc.
Most small firms start with a preliminary plan and then produce a more professional plan.
As a management tool, the plan helps you define your objectives and keep the business on target. It enables you to deal effectively with constant change, helping you to guide your business more steadily through a rapidly changing environment. And the planning process itself can serve as a valuable exercise that should increase the chances of success of your venture. A business plan is a living document and should grow and change along with your business. As an instrument to raise capital, your business plan is your representative at the bank.