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company description tutorial and instructions the next section of the business plan is the company description this section provides a wide-ranging background and narrative explanation of the company the content here should include a broad outline of the product products and/or service services here briefly explain who the target clients are but just briefly as this will be covered more in depth in later sections you will also touch on your companys management and organization ownership of the company is often mentioned here in the template there is mention made to a detailed ownership breakdown in the addendum of the business plan this structure provides an easy and clean way of utilizing the template sample content while still covering all business plan requirements reference to more details on topics covered is mentioned in this section the template provides sample content that can be used for a company operating in the industry so feel free to use as you wish utilizing the plug-in