In this part of the business plan, one should provide details about the company’s structure and history because the readers might be interested in knowing what your company has accomplished to date. This section should include the following details;
- • Date of incorporation of the company and its present location. Here location is very important since most investors might love to invest in companies that are local to them.
- • Details about the legal structure like whether the company is a C Corporation, S Corporation, Limited Liability Company, Sole Proprietorship, Non-Profit Organisation or Not Yet Incorporated.
- • To end with include the achievements and milestones of the company till date like sales, Number of customers served, Prototypes or products built, location build-out/lease secured, and employees hired.