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- Next it's important that you outline the milestones needed

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for the success of this business, both at the startup phase,

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as well as later on as you develop.

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Again you'll start with a general statement

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on why the milestones are important to the business

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and then assimilate them with bullet point descriptions.

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An example might look like this,

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"In order to achieve the financial projections

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and operational efficiencies outlined

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in this business plan,

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a strategically planned and written list of key projects

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and events known as milestones have been developed.

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The milestone list is considered

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to be an all inclusive itemization

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of the most important events and projects

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that must be completed to ensure the success of ABC, LLC.

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A projected start date, end date,

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budget estimate and resources required

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for completion is assigned and recorded in writing

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for each milestone."

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Next you'll want to list those milestones.

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You can also list a projected timetable

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for achieving the milestones, if you wish.

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However, please note if you're not sure about timelines,

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do not list them as they may incite questions

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for investors on how you plan to hit those milestones.

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Some examples of milestones,

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including things like acquiring 100% of needed capital,

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finalizing marketing campaigns,

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testing and completing website

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and achieving future financial projections.

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Again these are just a few examples you can use

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in this subsection.