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The majority of your business plan will focus on your products or services, but it’s crucial to include a section that provides readers with relevant details about it.
If you sell a lot of products, you can include more basic information about each of your product lines; if you only sell a small number, give more details about each.
Describe any upcoming new items and any intellectual property you plan to release. Describe how they’ll increase revenue.
It’s also crucial to pay attention to the source of the products; for a dropshipping firm, for example, handmade crafts are sourced differently from trendy items.
