A business plan is a written document which indicates the goal of a business. In addition, the plan specifies the method in which the goals of the business will be achieved. A restaurant business plan must be tailored to the unique details of the proposed restaurant itself. The plan should provide a background as to how the restaurant concept came to fruition and what the goal of the business will be. The plan should also include a discussion of the marketing plan of the business and a review of the competing restaurants in the area and how these other restaurants are different from the proposed restaurant. The business plan may also include information of any time frames for the implementation of the plan and any details as to the management of the plan. Furthermore, the business plan may contain a financial summary, including a balance sheet, cash flow statement and projections for earnings. Business plans which are offered to the public should contain accurate legal and financial information, especially if the business will be reviewed by venture capitalists.