A business plan is a formal statement of a set of business goals, the reasons they are believed attainable, and the plan for reaching those goals. A business plan represents all aspects of business planning process declaring vision and strategy alongside sub-plans to cover marketing, finance, operations, human resources, as well as a legal plan, when required.

 

This link covers the basis of formulating a business plan

http://www.sba.gov/category/navigation-structure/starting-managing-business/starting-business/how-write-business-plan