A detailed business plan is a formal document meant to serve many purposes. Typically this is the type of plan you'll need when applying for funding or pitching to investors. In addition to training or hiring employees, working with vendors, or as a roadmap, it can also be used in a variety of other situations where another individual has to understand the full details of your business.
The business plan will include:
Executive Summary
Company Summary
Products and Service
Market Analysis
Competitive Analysis
SWOT Analysis
Marketing Strategy
Marketing Plan
Financial Plan
Start-up Funding
3 - 5 years Profit and loss Forecast
3 - 5 Years Balance Sheet Forecast
3 - 5 Years Cash Flow Projection
On the other hand, the investor's pitch deck is a template designed to demystify the business planning process. It replaces the detailed, copy-heavy business plan with an outline that can help you and investors understand your business idea better. With connections between every element of your business, you can easily visualize your business operations, and it's easier for your team and investors to understand how it works.
Please check the FAQ below for more information.