Virginia Department of Business AssistanceOur Business is Your Success

Welcome Future Entrpreneurs!
About the VDBA Step One: Getting Started Step Two: Operating a BusinessStep Three: Business Plan

Business Plan Entry Form

Part III: Description of Product(s) and/or Service(s)

It is important that you answer the questions that follow in the third person. For example, instead of saying "I plan to sell ladders," say instead: "Smith and Sons plans to sell ladders to home construction companies." The answers to your questions will be used to generate a business plan, and it is very important that you answer all questions as complete sentences.

When you are finished, click the "Save" button at the bottom of the page. You may also click "Save" to save uncompleted work if you need to leave the document unfinished. If you accidentally erase your work while you are in a page, you may click "Reload," and the deleted information will be restored. If you wish to clear the whole page and start again, click "Clear." When you are ready to view the finished page, click the "Display" button. To print the finished page, first click "Display," then select "File" from the browser menu and scroll to "Print." Click "Back" to return to this page. If you need help, click here, but SAVE any information you have typed into the form via the button below before exiting this page.


1. What products(s) or service(s) will your business sell? Give a brief description (approximately one paragraph to one page long)

2. Where will your business operate?

3. What are the special features of your business?

4. What optional services or other products will you offer (if any)?

5. What will be the price of each product(s) or service(s) you sell ? How did you arrive at this price?

6. What will each product or service cost to create ? For information on Cost of Goods Sold, click here, but SAVE any information you have typed into the form via the button below before exiting this page.

Important: Save your document first!

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