As a rule, there must first be a written business plan that may take the form of a PowerPoint presentation. This must sufficiently and clearly lay down your initial business presentation. In it, there must be an explanation of the plans of the business, the amount of money to be invested, the number of employees needed.
As an overview, the government needs a “comprehensive business plan” that elaborates and defines the business, its goals, its products or services, and the incidental objectives of the business. More often than not, the applicant must have some kind of market study or a feasibility study to reveal what other companies are there that will compete with you, and to know if your business will stand well against it in the market.