For instance, who will be the bulk of the audience? Which socio-economic group? Will the paper fill a niche in the community, or will be a broad-based news media outlet?
Another thing to consider will be: how are you going to get writers for the paper? College students on a per-word basis, interns, or community members who submit articles on consignment?
Another issue: will the paper be a free paper, dependent on the advertising rates to pay for the costs, or will subscribers/fee pay cover part of the costs? Also, will there be more than one form of the paper (such as online)? Will this be subscription or a freebie?
Finally, How can you generate enough venture capital to invest in the startup costs of the paper? Investors, private donations from charity gropus, or another method? This should be in the business plan.
Finally, for the liberal freaks who steal papers in an effort to prevent the news from being disseminated, there are laws on the books for this form of misbehavior. I know they vary from state to state, but I think it comes down to the cost of the paper per issue for determining the level of the theft charge. I'll have to check further for information.
Another thing to consider will be: how are you going to get writers for the paper? College students on a per-word basis, interns, or community members who submit articles on consignment?