R & D business plan section

You need to describe the technology and how well or thoroughly you have the technology protected in your business through contracts, patents, and other protection.

Also, present your long-term product development strategy. Discuss how new products are developed, selected, and designed. Describe the relationship between market segments, market demand, market needs, and product development. R&D plans also include time lines and resource requirements leading to commercialization.

When a business plan includes sensitive information on future products, then it should be accompanied by good documentation of who receives copies of the plan. Recipients should expect to be asked to sign non-disclosure statements.